Praj and ESIIC enter into agreement to expedite bioeconomy in Egypt

Egyptian Sugar and Integrated Industries Business (ESIIC) and industrial biotech company Praj Industries announced the announcement of a partnership to advance Egypt's bioeconomy. Praj and ESIIC will jointly set up first and second generation ethanol projects in Egypt under this Memorandum of Understanding (MoU).

To mainstream the bioeconomy, Praj and ESIIC will set up an infrastructure, help create a policy framework and raise awareness.

This collaboration to advance the bioeconomy will accelerate the energy transition and help society move closer to carbon neutrality.

This partnership will help Egypt become climate neutral. Egypt would undoubtedly benefit from Praj's expertise in 2G (second generation) ethanol.

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