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Godavari Biorefineries' patent for anticancer molecule validated in Spain, UK and EU
Jul 07, 2025
Godavari Biorefineries on Monday (July 7) announced that its European patent for a novel anti-cancer molecule has been successfully validated in Spain, the United Kingdom, and as a unitary patent across multiple European Union member states.
The patent validation marks a significant development in the company’s efforts within its anti-cancer research segment and strengthens its footprint in high-impact scientific innovation.
In a stock exchange filing, Godavari Biorefineries said that the patented molecule has demonstrated efficacy against both cancer cells and cancer stem cells and is being explored as a potential therapy for various cancers, including breast and prostate cancer.
Preclinical animal studies have shown promising results in terms of efficacy and safety, the company informed the bourses.
The molecule is currently undergoing Phase 1a clinical trials to evaluate its safety in patients with advanced solid tumours and healthy volunteers.
“This patent validation marks a significant milestone in our journey toward advancing original, high-quality scientific research,” said Sangeeta Srivastava, Executive Director, Godavari Biorefineries Limited.
"It reflects the dedication of our teams and our aspiration to contribute meaningfully to global knowledge and innovation," she added.
Godavari Biorefineries has a global footprint, exporting to over 20 countries and maintaining strong collaborations with international research and development networks. Its clinical-stage biotech division, Sathgen Therapeutics, is leading the advancement of novel cancer and antiviral treatments.
With the lead molecule now under clinical evaluation and protected by global patents, the company is increasing its focus on translational research targeting critical global health challenges.
This development aligns with Godavari Biorefineries’ broader diversification into advanced scientific fields, complementing its existing leadership in ethanol, bio-based chemicals, and renewable materials derived from agricultural feedstocks.
Godavari Biorefineries is a pioneer in the renewable chemicals and biofuels sector.
Shares of Godavari Biorefineries were trading 0.81% lower at Rs 256.5 apiece on the BSE at around 10:02 AM.
Source: CNBC TV18
RISE OF BIO-BASED CHEMICALS: HYPE OR GAME-CHANGER?
Chemical Industry Outlook 2025, India Chemical News | Jul 03, 2025The latest BioE3 policy builds the framework for high-performance biomanufacturing to propel the development and production
DR. SANGEETA SRIVASTAVA Executive Director, Godavari Biorefineries Limited
The global and Indian biobased chemicals market has enormous growth potential driven by a multitude of factors. The production of such chemicals depends on the availability of feedstock, and it is incumbent upon the stakeholders to manage all such components and ensure smooth processes to transition in a sustainable future.
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Will continue to contribute, innovate and co-create a green and sustainable ecosystem: Samir Somaiya, Chairman and Managing Director, Godavari Biorefineries
INDIA CHEMICAL NEWS | Jun 30, 2025We are in the bio-based specialty chemicals and continuously co-creating with customers and de-bottlenecking plants to meet the needs of customers
Samir Somaiya, Chairman and Managing Director, Godavari Biorefineries Limited
Godavari Biorefineries, one of the largest producers of ethanol and a pioneer in manufacturing ethanol-based chemicals in India, has a diversified product portfolio. The portfolio comprises of bio-based chemicals, sugar, rectified spirits, ethanol, other grades of alcohol and power. The company is the largest manufacturer of MPO worldwide and the fourth largest manufacturer of ethyl acetate in India, and the only company in India to produce bio ethyl acetate. Samir Somaiya, Chairman and Managing Director, Godavari Biorefineries, talks about the emerging market scenario as well as his company’s expansion plan…
Q. Biorefineries have gained significant attention in the quest for sustainable and renewable energy sources. How does Godavari Biorefineries contribute to the development and production of sustainable bio-based products?
A. The world continues to rely on fossil resources to meet its needs. If you take the example of energy, about 85 per cent of the world’s energy needs are met from coal, oil and gas. Countries such as Norway consume over 100, 000 kwhr per person, China consumes 30, 000 kwhr per capita and India is still at 8, 000 khwhr per capita. As India develops, its energy consumption will increase. It is important that this growth comes along with renewable resources so that we can grow and mitigate climate change at the same time, ensuring the sustainability of the planet.
Godavari Biorefineries is a company that is demonstrating this transition to the use of renewable resources. Godavari converts agricultural feedstock physically, chemically and biologically into food, fuel, chemicals and materials. Innovation is the cornerstone of our development. We have over 50 scientists constantly working with feedstocks, conversions and end-use applications. We partner with our customers to co-create solutions to aim and create renewable substitutes that have enhanced properties than the fossil intermediate that they substitute.
Finally, we are also working in the area of soil. Soil is the source of our feedstock. Fossil economies extract carbon, deplete the resource and then move to the next carbon source to extract the resource. Renewable economies extract carbon from the soil, deplete the same, but if farming is done right, then regenerate the soil. Renewable economies are circular, but this circularity must be worked on as we regenerate the resource. To improve agriculture, Godavari along with the research institute K. J. Somaiya Institute of Applied Agricultural Research (KIAAR) are working with our farmers to actively ensure soil is healthy for the immediate and the longer run.
Q. How is the favorable government policy accelerating the growth of bioenergy, ethanol and bio-based specialty chemical segments in the country?
A. India is rich in soil, sun and has millions of farmers. With these resources, we have to play to our strengths and have to transition from the oil economy to the soil economy. With this in mind, the Government of India is focusing on the green energy transition. Biofuels enhance energy security, mitigate climate change and help farmer income security
The Government set a target to achieve 20 per cent blending by 2030 and that was advanced to 2025, which we have achieved. The NITI Aayog is now examining to expand this beyond 20 per cent. When policies are well articulated, the ethanol industry, the farmers, the automakers, the equipment manufacturers, all come together to make this transition a reality.
Q. How is Godavari Biorefineries as a strong player in the sector contributing to the government of India's ambition?
A. Our business is into sugar, biofuels, co-generated electricity and bio-based chemicals. As the government is going for 20 per cent blending, Godavari is actively making ethanol from sugarcane juice and B Heavy-molasses. We expanded our capacity from what was 200, 000 liters per day in phases to 600, 000 litres per day. Now, we are adding a 200, 000 liters per day facility of grain/maize based ethanol, which will use maize and other grains to add to feedstock to supplement and increase capacity. It would be implemented in the second half of FY26.
Q. The biorefinery industry is constantly evolving and requires continuous innovation. What role does R& D play in the overall growth of the company?
A. There are three aspects of the research we do. First is the research on the soil. The carbon and soil regenerative practices that will make sure that we have the carbon which is required to be transformed. The fossil economy is extractive, and biorefining can also be regenerative. We can always extract from the soil but if we do it wrong, it can get poor in carbon. But if we do it right, the soil has the ability to regenerate.
The second area of research is the conversion of this biomass into food, fuel and biochemicals. We have a lot of scientists working on physical, chemical and biological transformation.
And the last aspect is where we work with customers to co-create with them. They also have their transitional journeys and are looking at products that we make including drop-ins or could be an applicational substitute with enhanced properties.
Similarly, when I talk about regenerative farming, we have to co-create value with farmers. It is an emphasis on renewables, emphasis on co-creating work with either the farmers or customers, and the emphasis on innovative science whether physical, chemical or biological.
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Blurb: “As the government is going for 20 per cent blending, Godavari is actively making ethanol from sugarcane juice and B-molasses. We expanded our capacity from what was 200, 000 liters per day in phases to 600, 000 litres per day. We are now adding a grain/maize based ethanol facility to further add 200, 000 liters per day…” |
Q. Godavari Biorefineries has a strong focus on sugarcane based products. How does the company ensure sustainable sourcing practices and support for the local agriculture community?
A. We are working with our farmers on regenerative agriculture which is good for both short term and long term. We have a separate independent, agriculture research institute, KIAAR, where a lot of research is done in combination of drip farming, intercropping with sugarcane, looking at regenerative practices and remote sensing. This involves the whole range of traditional with modern science, looking at sustainability in the short and the long run and to help farmers improve crop yield and income.
Q. Can you highlight any recent advancements or technological innovations that Godavari primarily implemented to enhance its biorefinery operation?
A. We are advancing three aspects. One is we are going into a maize/grain based ethanol facility to supplement the feedstock from sugarcane and to mitigate climate risk. The second aspect is that we are in the bio-based specialty chemicals and continuously co-creating value added products with customers. Whether that is the need for a product which has properties in the substituting fossil or substitutes purely as a drop-in, we are working on new chemicals continuously. We will come with new products or enhance capacities as we go forward.
Q. Sustainability has become a key priority for businesses worldwide. How does Godavari Biorefineries integrate sustainable practices into its overall operations, including resource consumption and emission reduction?
A. We are fundamentally sustainable as much of our feedstock is biogenic carbon. Our energy also primarily comes from biogenic carbon - bagasse is our main energy source. We do use some amount of coal, but overall our energy matrix, the carbon we consume for energy or for chemical operations, the majority of that is biogenic carbon.
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“We are working to co-create value with our farmers and our customers, using research and innovation as our strong foundation for growth.” |
Q. In addition to bioethanol, what other bio-based products does Godavari produce?
A. We make a host of bio-based chemicals that find applications in a variety of fields including skin-care, cosmetics, agrochemicals, paints, coats, and pharmaceutical intermediates. Our scientists are continuously working, and co-creating with customers to expand the bouquet of products available to them.
Q. What are the key strategic priorities and growth plans for the Godavari Biorefineries in the segments that you operate?
A. Climate change has to be addressed and also in terms of transition to green energy, Godavari will continue to contribute and play its role. In this direction, there could be three sets of customers. The first set of customers are an end use customer who may want to buy a product that comes from natural or renewable feedstock. Another set of customers may be looking at a green substitute for an existing fossil product that has enhanced properties. The third would just be looking at reducing the chemical footprint.
Our customers are in either one category or in two or all three of the above. We are seeing the growing interest among our chemicals in this transition. In summary, there is a wider interest in the green transition in chemicals. In India, there is an articulated policy in the transition to renewable energy. We are actively participating in both these transitions.
We are living in exciting times. We have to realize that each one of us, individually and as institutions, have to look at sustainability in our processes and co-creating with customers and also co-creating value with the supply chain. We have to create value and look at research as a bedrock of that value. That's how I look at it and Godavari follows this process very sincerely.
Source: Indian Chemical News
Godavari Biorefineries Q4 FY25 profit rises; 200 KLPD grain distillery expected to be commissioned in Q4 FY26
chinimandi.com | May 26, 2025Godavari Biorefineries Ltd., one of the larger producers of ethanol and a pioneer in manufacturing ethanol-based chemicals in India, announced its Audited Financial Results for the quarter ended on March 31, 2025.
During Q4 FY25, GBL reported Revenue from Operations at Rs. 579.5 crore as compared to Rs. 615.2 crore in Q4 FY24. The company reported PAT of Rs. 96.4 crore in Q4 FY25 as compared to Rs. 65.2 crore in Q4 FY24. During the quarter, Ethanol production stood higher at 45,042 KL as compared to 34,670 KL in Q4 FY24.
For the Financial Year ended March 31, 2025, GBL posted Revenue from Operations higher at Rs.1, 870.3 crore as compared to Rs. 1,686.7 crore. Ethanol production during the year was at 84,038 KL as compared to 95,168 KL.
Commenting on the Results, Samir Somaiya, CMD said, “FY25 was a defining year for Godavari Biorefineries, showcasing our agility, disciplined execution, and strategic progress. Our Bio-based Chemicals segment delivered over 2x growth in EBITDA, propelled by our shift toward high-value, sustainable solutions and enhanced operational efficiencies. We also achieved a record cane crushing of 24.65 lakh tonnes for sugar season 2024-25 at our Sameerwadi facility. The restoration of the ethanol blending programme using sugarcane juice enabled us to better utilize our ethanol capacity during the crushing season.”
“Looking ahead, our 200 KLPD grain/maize distillery is progressing as planned and is expected to be commissioned in Q4 FY26. We are also exploring multi-feedstock options for greater flexibility, while undertaking debottlenecking and expansion initiatives focused on specialty products. FY25 has laid a solid foundation for future growth, and we remain committed to delivering value through innovation, sustainability, and disciplined growth,” he further added.
Source: chinimandi.com
How Jivana Achieved 5x Growth by Championing Chemical-Free Staples
indianretailer.com | Mar 25, 2025India's FMCG landscape is undergoing a massive transformation, with consumers increasingly prioritizing purity, health, and transparency in their everyday purchases. Amid this evolving market, Jivana, the B2C brand of Godavari Biorefineries Limited under the Somaiya Group, has carved a distinct niche. Founded with a clear mission to offer pure, unadulterated staples to Indian households, Jivana has swiftly gained recognition for its ethical sourcing, sustainable practices, and unwavering commitment to quality. The brand’s dedication to delivering chemical-free, minimally processed products has resonated with health-conscious consumers seeking authenticity and transparency in their food choices.
This FMCG brand has strategically aligned itself with five major trends shaping the Indian market — the shift to packaged products, heightened hygiene and safety concerns, demand for transparency and assurance, the growing influence of social media, and an increasing preference for health-focused offerings. By embracing these trends, Jivana is not only meeting consumer expectations but also redefining standards in the packaged staples segment.
The fast-moving consumer goods (FMCG) sector in India is experiencing a monumental shift. According to a report by Custom Market Insights, India's FMCG Market is expected to record a CAGR of 21.8 percent from 2025 to 2034. In 2025, the market size is projected to reach a valuation of $211 billion. By 2034, the valuation is anticipated to reach $1178 billion.
Swati Shukla, Head - Food and Farms (Jivana) at Godavari Biorefineries Limited said, “The Indian FMCG market is rapidly shifting towards packaged products driven by hygiene, health consciousness, and consumer awareness. At Jivana, we align with this trend by ensuring purity, adopting hygienic packaging, and empowering consumers to verify quality themselves.”
Competing in a Crowded Market Despite intense competition in the FMCG sector, Jivana’s adherence to quality and transparency gives it a unique edge. The brand refuses to cut corners, even when cost savings are possible. For instance, unlike many competitors who add sugar or preservatives to extend jaggery’s shelf life, it remains committed to chemical-free processing, prioritizing consumer health over profit margins.
“Jivana stands out through ethical sourcing, unwavering quality, and a deep-rooted commitment to sustainability — practices we have upheld long before they became industry buzzwords. We never take shortcuts, ensuring purity in every product while empowering consumers with awareness. This dedication has fueled our growth and earned the trust of those who value authenticity,” Swati stated.In the past three years, Jivana’s revenue has grown fivefold, crossing the Rs 100 crore mark. The brand’s strategic focus on expanding both geographically and across retail channels is expected to sustain this growth trajectory.
In the past three years, Jivana’s revenue has grown fivefold, crossing the Rs 100 crore mark. The brand’s strategic focus on expanding both geographically and across retail channels is expected to sustain this growth trajectory.
Sales Distribution Across Channels
Jivana’s sales are divided into two primary categories: General Trade (GT) and a combined segment of modern trade, e-commerce, and quick commerce. Currently, 70 percent of its sales come from general trade, which includes Kirana stores, mom-and-pop shops, and local retailers. The remaining 30 percent is driven by modern trade platforms, e-commerce sites, and quick commerce services, reflecting a growing consumer shift toward organized retail.
Swati emphasized, “We aim to expand Jivana’s reach across our existing seven states, not just in Tier I cities but also in Tier II and III towns. Consumers in smaller cities are increasingly health-conscious, and we want to make Jivana products available to them through multiple channels.”
Jivana products are already available on leading platforms like D-Mart, Reliance, Big Basket, Swiggy, Zepto, and Blinkit. The brand is further strengthening its presence across all major retail touchpoints to ensure seamless accessibility.
Consumer Trust Through Transparency
Indian consumers are becoming increasingly aware of the hygiene and safety advantages of packaged products. While loose staples once dominated the market, packaged sugar and jaggery are now witnessing higher demand. Jivana has been a pioneer in this shift by emphasizing hygienic packaging and untouched-by-hand processing.
“Commerce today is not just about selling; it’s about building trust, adapting to evolving consumer behaviors, and leveraging digital platforms to create seamless experiences. Brands that embrace innovation and transparency will lead the future of retail,” Swati noted.
Breaking the Mold
Jivana’s product innovation reflects its dedication to consumer health. One of its flagship products, sulphur-free refined white sugar, offers 100 percent purity by eliminating harmful traces of sulphur typically found in conventional sugar. Additionally, its natural brown sugar is enriched with essential minerals like magnesium and calcium, catering to health-conscious consumers.
Swati highlighted, “If your jaggery is filled with chemicals, you might as well have plain sugar. Our jaggery, purified using ladyfinger extract with no chemicals or added sugar, stands out as a healthier alternative. Naturally dark brown and rich in minerals, it enhances both flavor and well-being.”
Sustainable Supply Chain
Sustainability and ethical sourcing are integral to Jivana’s operations. Collaborating with over 35,000 farmers in North Karnataka, the brand ensures fair wages and promotes sustainable farming practices. Through its research arm, K. J. Somaiya Institute of Applied Agricultural Research (KIAAR), Jivana provides farmers with guidance on soil health optimization and reducing chemical use.
“Jivana’s supply chain is built for efficiency and freshness, from our large sugar mill in North Karnataka to our extensive distributor network. With real-time inventory tracking and optimized logistics, we ensure that pure, high-quality products reach retailers and consumers seamlessly,” Swati explained.
Future Plans
Jivana plans to deepen its presence within its existing seven states—Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Karnataka, Andhra Pradesh, and Telangana—by expanding into Tier II and III cities. Its goal is to increase product accessibility across all retail channels, including modern trade, general trade, and e-commerce.
“For now, we’re focused on strengthening our presence in the current markets. Once we achieve saturation, we will explore further geographical expansion,” Swati concluded.
Jivana is also eyeing international expansion, targeting regions with a significant Indian diaspora where authentic Indian staples like jaggery and spices are in high demand. With its unwavering commitment to quality and sustainability, Jivana is well-positioned to become a household name in both domestic and global markets.
Source: indianretailer.com
Godavari Biorefineries Limited Announces Investment in a New Corn/Grain-Based Distillery to Enhance Ethanol Production
Dec 16, 2024(Strategic Investment of approximately ₹130 Crore to Boost Ethanol Capacity with Dual-Feedstock Flexibility, Aligning with India’s Green Energy Goals.)
Mumbai, December 16, 2024: Godavari Biorefineries Limited (GBL) (BSE: Script Code 544279 | NSE: GODAVARIB), a pioneer in renewable chemicals and biofuels, has announced an investment in corn/grain-based ethanol to further strengthen its ethanol production capabilities. The company plans to invest approximately ₹130 crore in a new 200 KLPD corn/grain-based distillery as part of its existing operations, enhancing flexibility through dual-feedstock capability. The company reported a 25% Y-O-Y increase in revenue growth in H1FY25, demonstrating its operational strength and focus on sustainable growth.
Key Highlights of the Investment:
- Proposed Capacity: 200 KLPD corn/grain-based distillery.
- Investment Required: Approximately ₹130 crore.
- Mode of Finance: Internal accruals and debt.
- Commissioning Timeline: Q4 FY 2026.
This strategic move aligns with GBL’s long-term vision of supporting India’s transition to green energy while ensuring resilience against climate-induced risks. The new facility will offer operational fungibility, enabling the use of alternative feedstocks such as maize to mitigate disruptions caused by factors like poor monsoons and policy changes.
Mr. Samir Somaiya, Chairman and Managing Director of Godavari Biorefineries, said, “We are investing in new corn/grain-based ethanol production to complement our existing sugarcane-based operations. This will give us a dual-feedstock capability and will ensure more resilient ethanol production, even during climate-related disruptions, and position us to meet the growing demand under India’s ethanol blending program. This expansion will help us maintain production stability and contribute to India’s energy security goals.”
The expansion comes at a pivotal time as India’s ethanol demand rises, driven by its ambitious blending targets and increasing energy requirements for mobility. By leveraging dual-feedstock technology, GBL aims to strengthen its market position and ensure consistent growth.
About Godavari Biorefineries Limited (GBL):
Godavari Biorefineries Limited (BSE: Script Code 544279 | NSE: GODAVARIB), flagship company of Somaiya Group, is a leading integrated biorefinery specializing in bio-based chemicals, ethanol, and sugar production. The company operates cutting-edge facilities in Sakarwadi, Maharashtra, and Sameerwadi, Karnataka, and houses advanced R&D facilities in Mumbai and plant locations. Listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE), GBL has a legacy of innovation and a commitment to sustainability, driving progress in renewable energy and green chemistry. For more information about Godavari Biorefineries, please visit www.godavaribiorefineries.com.
Looking to add specialty chemicals to our portfolio: Samir S. Somaiya, Chairman and Managing Director, Godavari Biorefineries
INDIA CHEMICAL NEWS | Jun 14, 2024How does Godavari Biorefineries contribute to development and production of sustainable bio based products?
Biorefinery means conversion of an agricultural biomass into food, energy, biofuels, compressed biogas and even electricity. It also means conversion of biomass into chemicals and materials.
Godavari has always been pioneering the conversion of biomass into these products. In the 1940s, it was sugarcane cultivation and sugar production. In the 1950s, it was the conversion of molasses to Ethanol. In the 1960s, we started small in making chemicals from Ethanol. In the 1990s, we were one of six projects in the country to be chosen by USAID to show how climate change can be mitigated by greenhouse gas mitigation projects. We were awarded a grant from the USAID to demonstrate the making of surplus power from bagasse. In the recent past, we were among the first companies to demonstrate the use of sugarcane juice/syrup as a feedstock for making Ethanol in India.
The company received a Rs. 15 crore grant from the Department of Science and Technology. Can you please share the details?
In biorefining, there is a need to have access to biomass and the question that we are trying to ask is how it can be done with reasonable cost which refers to Capex and Opex. Sugarcane processing companies save bagasse (8-9% on cane) and so have abundant feedstocks. Secondly, the distilleries make Ethanol seasonally. They have idle capacity. The idea is to use this idle capacity with a bolt-on facility to make Ethanol from bagasse with the addition of bagasse pre-treatment. So, there is no need to create a new facility all the way from biomass pre-treatment, collection, pretreatment, fermentation and purification. We just need the treatment of the biomass to convert to sugar for fermentation. This is the whole concept and we want to try and pioneer and see how it is possible.
When do you see this finally shaping up?
To be able to demonstrate this in a reasonable manner, a policy environment needs to be in place. The creation of PPAs (Power Purchase Agreements) enabled sugar mills to install power plants. Similarly, a mandate for Ethanol blending with a declared price for juice/syrup helped create that investment). Similarly, a policy framework for 2G Ethanol will help spur investment. The moment we create a framework and a market, only will then one allow or incubate innovation to make it happen.
How favourable government policy is accelerating growth of bioenergy, Ethanol and bio-based speciality chemicals? At the G20 Summit, many nations came together to create an association for Ethanol. How will this help companies like you in the long run?
One is the Indian context and the other is the global context. In India, there is a need to have energy security that supplements and substitutes the energy that the country imports from overseas. India is rich in biomass and the policies have to encourage the conversion of biomass. The government mandates Ethanol blending and is targeting 20% blending in the next couple of years. Similarly, there is a mandate that is going to come for Compressed Biogas (CBG).
India has to look at it also from an energy security as well as climate change angle. India is committed to achieve net zero by 2070. Moreover, India has a lot of small farmers and their income security is necessary and this is helped by a dual product from sugarcane if it can go to sugar and Ethanol. The infamous sugar cycle that used to have big surpluses and deficits gets insulated because these surpluses can go into the Ethanol.
Are you also looking at focusing on CBG? How many plants are you planning to set up?
We will certainly do that and at the moment we are exploring the setting up of a CBG plant.
How is Godavari contributing to the Government of India's ambition on these fronts?
As mentioned, we were the first off the post when the policy of Ethanol from sugar cane juicer syrup was announced.
We increased our Ethanol capacity from 200,000 to 320,000 litres per day. Later, we increased the capacity from 320,000 to 400,000 litres per day and now we have gone from 400,000 to 600,000 litres per day. We are very active in increasing the Ethanol programme. We are looking at grain and maize as a feedstock in the coming future to make this a multi feedstock facility. We are also looking at CBG in the future.
You are setting up a grain-based Ethanol project. What is the current status of the project and when are you planning to complete it?
We have already received necessary approval from the government. It will help us as a dual feedstock and lead to risk mitigation. As it is a short-term crop, in case there is a monsoon failure, it also gives us a twin feedstock to run our facilities, enhancing capacity utilization of the distillery. Grain-based plant is being planned for two lakh litres per day.
What are your plans for bio-based chemicals?
In addition to making our Ethanol facility, multiple feedstock facilities, we are also looking to add Specialty Chemicals to our portfolio. We believe that the use of bio-based biomass to make chemicals, and in particular Speciality Chemicals, is going to be also an area of future development.
There is a big thing of looking at biogenic carbon as a feedstock compared to fossil carbon. This is encouraged by either boardroom commitments, regulations or customer preferences. So, Godavari is continuing to work to make Specialty Chemicals that may find application in Pharma Intermediates, Agro Intermediates or in Coatings, Paints and a wide variety of chemical applications.
We are working with customers closely to see whether we make a drop-in product or it could be a green substitute with slightly better properties so that the substitution may create a better category of product. Traditionally, these things don't happen overnight. You are not substituting a fossil commodity with a green commodity and that would not work because it has a very different economic base. It takes time to work with customers. Godavari is definitely looking to work on bringing in new products in the next financial year.
How does biorefinery foster a culture of innovation and how will research and development play in its growth?
We look at research from four points of view. We look at research on the farm and agriculture site because ultimately biomass is grown on the farm. We have laboratories in Mumbai for lab work. We have pilot plants and research facilities with slightly larger lab facilities in the plants and Anally we have some pilot plants where we can do a semi-commercial business before we go to commercial. So, we have a comprehensive culture of innovation. We have many Scientists and Engineers working with us and we also collaborate with people outside.
What sort of approach to waste management and utilization of waste streams in the operations that you do?
I think the first idea is to think of waste as wealth and see how one can find use in all the waste streams that we have. Recycling brings value from it. Around 50-60 years ago, molasses itself was a waste stream and it became Ethanol. Bagasse was a waste stream and it became electricity. We have various streams today. Now, we are looking at finding ways to extract potash out of the ash of the incineration boilers in a distillery. We are making bricks from some of our other ash. We are also working very seriously on recycling streams.
How does Godavari ensure sustainable sourcing practices and support the local agriculture community?
We are now focusing on research for sustainable sourcing. We often see depletion of oil reserves, gas reserves, trees or coal but we don't observe the depletion of the soil carbon. Ultimately, it is the soil carbon that will convert to biomass, which we can either use for food or energy. The depletion of soil carbon depletes will reduce yields of these products. At the same time, if we can increase this soil carbon, we are going to improve the yields and sequester a lot of carbon in the atmosphere. We are executing a big project on this with Somaiya Vidyavihar University. Agriculture researchers are working on this with a lot of farmers and trying to see whether we can do this on a large scale.
How do you see Godavari Refineries integrating sustainable practices into its overall operations, including resource consumption and emission reduction?
Sustainability is part of our DNA. When we work with farmers to improve soil carbon, we also ask them if they can intercrop with nitrogen Axing kinds of crops such as soya to reduce the use of chemical fertilizers. We are working with them to use traditional agro-ecological practices. The success of this will automatically start sequestering more soil carbon and reduce Scope 3 emissions. Secondly, once CBG is in place, one can also work with tractor manufacturers to start using tractors on CBG. This is futuristic thinking but it is doable.
We are constantly thinking of how we work on energy efficiencies to further reduce Scope 2. We can produce more electricity from the same biomass. When we are continuously innovating to make products from biogenic carbon, we will continue to reduce Scope 3 as we supply.
For us, sustainability is not just environmental but also social, and we keep educating farmers about soil carbon. Hence, it is the wider definition of sustainability that we work on. When we are able to produce a product that may have a better profile for customers, you have actually achieved a complete win. We are also getting certifications from global bodies such as Bonsucro.
When are you planning to achieve net carbon zero?
We published our first sustainability report and we will articulate a strategy going forward. We want to build our strategy of converting biomass into biofuels, foods, sugar, electricity and more a whole range of new chemicals. This is not a 12 month exercise but a continuous exercise. We will continue to innovate and the effect will be seen in quarters and also in years.
Your thoughts on the future of the biofuel programme?
The Prime Minister at the 90th anniversary of the RBI mentioned about the Ethanol programme. He gave an interview in which he talked about the Ethanol Blending Programme and it finds mention in the BJP manifesto. I believe if India has to maintain its path to net zero and maintain its energy security in the light of current geopolitics, the Biofuel programme will grow.
Does the company plan to go for the IPO in this financial year?
We are certainly looking at Aling DRHP this year.
We are looking at grain and maize as a feedstock in the coming future to make this a multi feedstock facility.
Source: India Chemical News
Inauguration of Specialty Chemicals Plant at Sakarwadi by Padma Vibhushan Prof. M. M. Sharma and Hon'ble Mr. Bart De Jong, Consul General of Netherlands in Mumbai
May 24, 2024
We are delighted to announce the grand inauguration of our state-of-the-art Specialty Chemicals Plant at Sakarwadi, Maharashtra. The ceremony was honored by the esteemed presence of Padma Vibhushan Prof. M. M. Sharma and Hon'ble Mr. Bart De Jong, Consul General of the Netherlands in Mumbai, along with other distinguished guests.
The inauguration marks a significant milestone in our journey towards innovation and excellence in the production of specialty chemicals. This advanced facility, equipped with cutting-edge technology, underscores our commitment to the highest standards of safety and environmental sustainability.
Padma Vibhushan Prof. M. M. Sharma, a luminary in the field of chemical engineering, performed the ribbon-cutting ceremony and delivered an inspiring address. He highlighted the critical role of research and development in the chemical industry and praised our efforts in establishing a plant that represents the future of specialty chemicals manufacturing.
The event was further distinguished by the presence of Hon'ble Mr. Bart De Jong, Consul General of the Netherlands in Mumbai. In his address, Mr. De Jong emphasized the importance of international cooperation in advancing technological and industrial growth.
GBL receives financial assistance for scaling up 2G ethanol technology from MoP&NG
Oct 13, 2023
GBL receives financial assistance of 15 Crore for scaling up its 2G ethanol technology from Centre for High Technology (CHT) - Ministry of Petroleum & Natural Gas Government of India under PM – JIVAN yojana.
The funds will be utilized to scale up GBL’s 2G ethanol technology at Sameerwadi Karnataka.
GBL has developed innovative technology for conversion of sugarcane bagasse to value added fuels and bio chemicals in-house. GBL is currently operating 1TPD biomass processing plant at Sameerwadi Karnataka.
Godavari Biorefineries honoured with two SISSTA Awards
Aug 29, 2022
Mumbai, 29 August 2022: Godavari Biorefineries Ltd (GBL), a pioneer in manufacturing ethanol-based chemicals in India and one of the largest producers of ethanol in India, has been awarded with two prestigious accolades at the 51st Annual Convention hosted by SISSTA.
We believe that based on the extensive and qualitative work done, the first award that was bestowed upon Godavari Biorefineries was the Platinum Award for “Best Sugarcane Development (2021-2022)” in the Karnataka Region. Secondly, Godavari Biorefineries’ paper titled, ‘Performance Enhancement of Biological Treatment Plan’ authored by Mr. Suryaprakash, GM (Co-gen), was selected for the ‘Best Paper Award in Process’ and was honoured with a Shri Mydur Anand Gold Medal for the same.
The awards were presented during SISSTA’s 51st Annual Convention which was held on 26th August, 2022 at Rahul Convention Centre, Tirupati, Andhra Pradesh. More than 600 individuals, including members, mill owners, technocrats, research-institutions, government officials and other dignitaries of the sugar industry participated in the event. The convention comprised the latest research papers of scientific, technological and managerial importance with respect to sugar and its allied industries.
Speaking about winning the two prestigious awards, Mr. Samir Somaiya, Chairman and Managing Director, Godavari Biorefineries Limited, said, “We are truly honoured to receive these awards, especially from such a reputable association like SISSTA. This is a testament to the hard work we have been putting in. We were here last year, as Godavari Biorefineries won the Silver Award for Best Distillery in Karnataka Region at SISSTA’s 50th Annual Convention, and I am certain we will be here next year as well.”
Godavari Biorefineries Ltd. is one of the largest producers of ethanol and a pioneer in manufacturing ethanol-based chemicals in India. The company has a diversified product portfolio that comprises bio-based chemicals, sugar, rectified spirits, ethanol, other grades of alcohol and power.
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About Godavari Biorefineries
Godavari Biorefineries Limited, established in 1956, is the flagship company of the diversified Somaiya group, which has interests in inter alia, the education, agricultural research, renewable energy and healthcare industries. We utilise sugarcane as a feedstock to manufacture a wide range of products, including sugar, ethanol, bio-based chemicals and power and were among the first few companies in India to utilise sugarcane juice and syrup for the production of ethanol. We currently have two manufacturing facilities, one manufacturing facility located in the Bagalkot district in Karnataka (“Sameerwadi Manufacturing Facility”) and another manufacturing facility located in the Ahmednagar district in Maharashtra (“Sakarwadi Manufacturing Facility”).
The chemicals manufactured by us comprise of ethanol-based chemicals such as ethyl acetate, bio-ethyl acetate, MPO, 1,3 butylene glycol, crotonaldehyde, acetaldehyde, acetic acid, bio- acetic acid and paraldehyde (“Bio-based Chemicals”). The Bio-based Chemicals manufactured by us find application in various industries, including the agrochemical, cosmetics, flavour and fragrance, food, fuel, paints and coatings and pharmaceutical industries, while the ethanol manufactured are sold to oil marketing companies and also find application in the beverages, pharmaceutical and chemical industries.
To learn more about our product portfolio please visit www.godavaribiorefineries.com.
Disclaimer
“Godavari Biorefineries Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India. The DRHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Equirus Capital Private Limited at www.equirus.com, and JM Financial Limited at www.jmfl.com, and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see "Risk Factors" of the RHP, when available. Potential investors should not rely on the DRHP for any investment decision.
The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. Accordingly, the Equity Shares are being offered and sold outside the United States in offshore transactions as defined in and in compliance with Regulation S and the applicable laws of the jurisdiction where those offers and sales are made. There will be no public offering in the United States.”
For more details, please contact:
Pushpendra Dhansoia | 90290 37173 | dhansoia.pushpendra@somaiya.com
