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Engineers India, CHEMPOLIS enters into strategic alliance for Green Technologies

Friday, 26 Nov 2021
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Engineers India (EIL) and CHEMPOLIS OY, Finland have signed a strategic alliance for conversion of biomass into green fuels. 
In the changing global energy landscape, biomass-based fuels are promising alternative for supplementing fossil fuels towards a sustainable energy future. 
In addition, biomass can be utilised to produce value-added products such as phenolic resins that has the potential to substitute a lot of products obtained from fossil fuels. 
GoI has also set a target to achieve 20 percent blending of ethanol in gasoline by 2025. Many biomass-based product facilities are expected to be installed in coming years in India and across the world to fulfill the demand of green products.  
Also, both the organisations operate in the Indian subcontinent market and have complementary products and/or services and thus this association will add value in presenting the synergised and regulatory compliant products and services to end customers in the Indian subcontinent. 
This agreement will pave the way to pursue business development in the sunshine area of Renewables i.e. Cellulosic 2G Ethanol Technology. 
This is an important milestone for EIL in expanding its wings into the futuristic green technologies beyond robust oil and gas portfolio and continues the journey towards building the Nation’s future towards net zero. 
This arrangement also paves the way for CHEMPOLIS to bring to the Nation innovation and technology in the area of Green & Renewable products. 
The collaboration agreement was signed on 24 November 2021 between EIL and CHEMPOLIS at the EIL Head Office, New Delhi.
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