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Engineers India, Chempolis, Finland enter into strategic alliance for green technologies

News: Engineers India (EIL) and Chempolis OY, Finland have signed a strategic alliance for conversion of biomass to green fuels.

View: This agreement is expected to pave the way for EIL to pursue the business development in the renewables i.e. Cellulosic 2G Ethanol Technology. This is an important milestone for EIL in expanding its wings into the futuristic green technologies beyond decent oil & gas portfolio. Also, both organisations operate in the Indian subcontinent market and have complementary products and/or services. Thus, this association will add value in presenting the synergised and regulatory compliant products and services to end customers.

Impact: Positive