Praj and Gevo sign Bio-IBA commercialization deal for India

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Go back to Praj and Gevo sign Bio-IBA commercialization deal for India

Praj and Gevo Forge Landmark Alliance to Advance Bio-IBA in India

September 16, 2026 9:00 AM EDT

The agreement strengthens India's pioneering efforts to develop Bio-IBA as a renewable blending solution for decarbonizing one of the world's largest diesel markets.

ENGLEWOOD, Colo and PUNE, India, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Praj Industries and Gevo, Inc. (NASDAQ: GEVO) today announced the signing of a Development & Commercialization Agreement for Bio-Isobutanol (Bio-IBA) technology in India, reinforcing their long-standing association to advance sustainable low-carbon fuel solutions.

Under the agreement, Praj will lead the commercialization of Bio-IBA technology in India, with exclusive rights to deploy the technology in the country. The partnership... More