Ajooni Biotec, Avalon plunge together for Moringa processing in India
The collaboration will lead to the establishment of processing facilities, including crushing and drying mills, dedicated to handling moringa seeds and leaves.
Mohali based Ajooni Biotech Ltd. has announced that it has entered into a collaboration with Avalon Bioenergy Pvt., the Indian subsidiary of the US-based Avalon Energy Group, to sustainably process moringa in India. This partnership will lead to the establishment of processing facilities, including crushing and drying mills, dedicated to handling moringa seeds and leaves.
Under the agreement, Avalon will focus on extracting oil for further processing and marketing. Meanwhile, Ajooni will use the residual oil cake to produce animal feed products, which will be processed and distributed domestically and for export.
The company disclosed in its exchange filing, “Avalon and Ajooni are interested in working together as a strategic partner for agri-processing component of the moringa project by setting up processing plants/crushing and drying mills to process moringa seeds and leaves for producing oil for further processing and marketing by Avalon, and producing oil cake for animal feed for Ajooni to further process and market to its customers in India or export abroad.”
Avalon Bioenergy is delves in clean energy biorefinery aiming to design, build, and operate multiple manufacturing plants across India to produce biodiesel, glycerin, sustainable aviation fuel, oleochemicals, and other products.
Avalon has also secured a long-term purchase and sales contract with Novvi LLC, an oleochemical company owned by Chevron USA Inc.
In addition to leasing and acquiring arable land for cultivating moringa oleifera and other oil seed crops throughout India, Avalon is engaging in contract-farming agreements with large and small cooperatives to grow these crops.
Furthermore, Ajooni has shown interest in collaborating with Avalon on similar projects in the US, Africa, Latin America, and other regions globally.
This partnership between Avalon and Ajooni signifies a commitment to sustainable and integrated processing of moringa, creating valuable products for both domestic and international markets while promoting moringa cultivation in India.
