Praj Industries, a publicly traded bioenergy engineering business with headquarters in India, is laying the foundation for a $100 million plant in Louisiana that would use sugar cane bagasse as a fuel and raw material for making ethanol, reports The Advocate.
The project, which could still be three years out, is driven by its U.S. subsidiary in Houston, Praj Americas, in partnership with Miami-based Omega Energy USA as the developer. The companies said bagasse, the waste from sugar cane, will come from a sugar mill operated by the Louisiana Sugar Cane Cooperative, or LASCUA, in St. Martinville.
The company's goal is to sell the ethanol to gasoline producers looking to meet the renewable fuel standard, which outlines federal requirements to blend biofuel with gasoline.
