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       LIGNIN UTILISATION

       Praj Industries’ biobitumen used in constructing India’s

       ‘fi rst sustainable road’

          Pune  based  industrial  biotechno-
       logy  fi rm,  Praj  Industries,  said  its
       lignin-based biobitumen has been used
       in constructing “India’s fi rst sustainable
       road” The landmark project, located at
       the  Nagpur-Mansar  Bypass  on  national
       highway  (NH)  44,  was  unveiled  by
       Union Minister of Road Transport and
       Highways, Mr. Nitin Gadkari.

          Bitumen,  a  black  viscous  mixture
       of  hydrocarbons  produced  by  fractio-
       nating  crude  oil,  is  a  crucial  binder
       in   road   construction.  According
       to  oil  ministry  data,  India’s  bitumen
       consumption  in  2023-24  was  8.8-mt   Commenting  on  the  occasion,  CSIR-CRRI,  Praj  tested  the  lignin-
       and  expected  to  rise  to  10.0-mt  in  Mr. Gadkari said, “The biobitumen used  based bio-bitumen sample for applica-
       2024-25. About 50% of this bitumen is  in this project, developed by Praj Indus-  tion studies, successfully replacing up
       imported,  incurring  an  annual  import  tries  in  collaboration  with  CSIR-Cen-  to 15% of bitumen. Praj laid a service
       cost  of  Rs.  25,000-30,000-crore  for  tral Road Research Institute (CRRI), is  road in Halol, Gujarat using lignin bio-
       the country.                      a signifi cant step towards sustainability.  bitumen  as  one  of  the  components.
                                         It reduces our dependency on imported  After  30  months  and  three  monsoon
          Praj said the eco-friendly innovation  bitumen  and  provides  an  innovative  seasons, CSIR-CRRI conducted a per-
       represents  a  signifi cant  step  towards  solution by  turning agricultural  waste  formance  evaluation,  and  the  results
       reducing dependence on fossil-derived  into a valuable resource.”   were  found  satisfactory  with  no  signs
       bitumen,  marking  the  construction  of                           of  distress  on  the  road.  This  success
       the  country’s  fi rst  national  highway  Collaborative project    was one of the key factors in building
       incorporating this green technology.  In  a  collaborative  project  with  the Nagpur-Mansar project.

          The company’s proprietary techno-  Adani Enterprises to fully exit Adani
       logy  converts  crude  lignin  into  lignin
       bio-bitumen,  a  sustainable  alternative   Wilmar joint venture
       to fossil-based bitumen. This material,
       capable of blending up to 15%, offers   Adani Enterprises Ltd. (AEL) said  ment  signed  on  December  30,  2024,
       remarkable  benefi ts,  including  a  70%  that  it  will  fully  exit  its  consumer  the  company  informed  the  exchanges
       reduction  in  greenhouse  gas  (GHG)  goods  joint  venture  with  Wilmar  that  Lence  Pte.  Ltd.  will  acquire  up
       emissions compared to the fossil-based  International, Adani Wilmar, wherein  to  31.06%  of  Adani  Wilmar’s  equity
       alternative.                      it holds a 44% stake.            shares held by Adani Commodities LLP
                                                                          (ACL),  a  wholly-owned  subsidiary  of
          India would require around 1.5-mt   The exit will take place in two phases  AEL. The transfer will be done through
       of bio-bitumen to achieve 15% blend-  with  the  fi rst  being  a  stake  sale  to  a call or put option mechanism.  Addi-
       ing with conventional bitumen. Accor-  Wilmar  International’s  wholly-owned  tionally,  Adani  Enterprises  will  divest
       ding to Praj, this investment could help  subsidiary, Lence Pte. Ltd., and a partial  approximately 13% of its shares in Adani
       save Rs. 4,000-4,500-crores on foreign  divestment  to  meet  public  sharehold-  Wilmar  to  ensure  compliance  with  the
       exchange.                         ing requirements. As part of the agree-  minimum public shareholding norms.


       138                                                                    Chemical Weekly  January 7, 2025


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