Praj
 | A major contributor to this article appears to have a close connection with its subject. (March 2023) |
Bioproducts Research services | |
| Revenue |  ₹1,330.41 crore (US$160 million) (2021) |
|---|---|
| ₹81.05 crore (US$9.7 million) (2021) | |
| Total assets | ₹1,593.82 crore (US$190 million) (2021) |
| Total equity | ₹802.51 crore (US$96 million) (2021) |
Number of employees | 940 (2021) |
| Website | www |
Praj Industries Limited is an Indian multinational process and project engineering company, headquartered in
DSIR
National Award in 2005 for outstanding In-House R&D Achievements.
History
Praj was formed in 1983. The company went public in 1994 and is listed on the
Business divisions
The company deals with segments like Alcohol / Fuel Ethanol and Brewery Plants, Water and Wastewater Treatment Plants,[5] Critical Process Equipment System, High Purity Systems, BioProducts (Livestock Health and Nutrition Products), and Customised Research Service & Solutions.
Subsidiaries and acquisitions
The company's acquisitions include – Praj HiPurity Systems Limited (erstwhile Neela Systems Ltd),[6][7] Praj Americas. Inc, Praj Far East Co. Ltd., Praj Industries (Africa) Pty. Ltd., Praj Far East Philippines Ltd. Inc., Praj Industries (Tanzania) Ltd. {subsidiary of Praj Industries (Africa) Pty. Ltd.}, Praj Industries (Sierra Leone) Ltd. (subsidiary of Praj Industries (Africa) Pty Ltd., Praj sur America SRL, Praj Engineering & Infra Ltd.
Awards and recognition
- Praj was awarded the National Award for outstanding In-House R&D Achievements by DSIR in 2005.[8]
- Praj was awarded the "Association of Biotechnology Led Enterprises|ABLE 10th anniversary award" under bio-industrial category for contribution to industrial biotechnology.[9]
- Praj Tower received ‘Platinum’ LEED Certification from IGBC.[10]
- Praj Bags B.G. Deshmukh CSR Innovation Award [11]
- Praj received ‘Solar Energy Society of India (SESI) Business Leadership Award’ at the ICORE 2005[12]
- Praj was awarded Forbes Best Under A Billion Company in Asia[13]
Initiatives
Industry innovations
- Launched the ‘Water Master Class’ knowledge forum in Chennai that aims at sharing industry experts’ experience in water & wastewater management and treatment of complex industrial effluents.[14]
- Licensing and Joint Development Agreements With Gevo[15][16][17][18]
- Develops innovative method to produce EthanolMolecular Biology and Microbiology; Bioprocess Technology Analytical Sciences; Chemical Sciences; and Scale up and Process engineering. It is supported by over 100 technologists including 20 PhDs.[20]
- Introduced ‘BioWiz’ Smart Bioreactor.[21]
References
- ^ "Praj Industries Ltd". Edelweiss.
- ^ "Vinod Khosla buys 10% stake in Praj Industries". The Times of India. Retrieved 8 April 2006.
- ^ "Vinod Khosla, Marubeni to buy stake in Praj Inds". Business Standard. Retrieved 11 April 2006.
- ^ "Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF". India Brand Equity Foundation. May 2022. Retrieved 14 June 2022.
- ^ "Praj Industries expects water-treatment to be India business growth story". Live Mint. Retrieved 19 February 2014.
- ^ "Praj acquires Neela Systems for Rs 64 cr". Business Standard. Retrieved 10 January 2012.
- ^ "Praj acquires stake in Neela Systems". Business Wire India. Retrieved 20 May 2016.
- ^ "DSIR honors Praj Industries Limited with "National Award"". MoneyControl.
- ^ "Praj Honored with ABLE Award". The Free Press Journal. Retrieved 14 March 2013.
- ^ http://www.solarquarter.com/index.php/news/asia/india/item/1257-praj-tower-receives-platinum-leed-certification-from-igbc-the-highest-ranking-certificate [dead link]
- ^ "11 bag MCCIA innovation & entrepreneurship awards". The Indian Express. Retrieved 26 October 2012.
- ^ "News Bytes- Praj receives SESI Award". BioSpectrum. Retrieved 10 May 2005.
- ^ "Praj gets Forbes Best Under A Billion Company in Asia". MoneyControl. Retrieved 6 December 2007.
- ^ "Praj launches the Water Masterclass knowledge forum in Chennai". India Infoline News Service. Retrieved 11 September 2014.
- ^ "Gevo Signs Licensing and Joint Development Agreements With Praj" (Press release). Gevo, Inc. GlobeNewswire News Room. 9 November 2015.
- ^ "Praj signs licensing and joint development pacts with Gevo". The Hindu Business Line. 9 November 2015. Retrieved 9 November 2015.
- ^ Alex Nussbaum (9 November 2015). "Gevo Shares Rise on Biofuel Investment Deal With Praj". Bloomberg.com. Retrieved 9 November 2015.
- ^ "Praj Industries in strategic alliance with Gevo for producing renewable isobutanol". Smart Investor, Business Standard.
- ^ "Praj develops innovative method to produce ethanol". Business Standard. 10 February 2009. Retrieved 10 February 2009.
- ^ "Praj Industries honoured for work in biotech". The Indian Express. Retrieved 27 June 2009.
- ^ "Praj HiPurity Systems introduces BioWiz Smart Bioreactor". Financial Express. 23 December 2014.
