Report

Update: Claeris JV to accelerate Glycell commercialisation

Leaf Resources (LER) has entered into agreements with US-based Claeris, LLC to establish a JV entity, Leaf Development, to develop up to five renewable chemical projects using LER’s proprietary Glycell process. Claeris provides connections to a global network of organisations and professionals involved in the development of renewable chemical projects.
Underlying
Leaf Resources

Leaf Resources Limited focuses on making products from plant biomass. The Company's principal activities include commercial development of its Glycell process, including use of the process to produce cellulose that is suitable for the production of cellulosic sugars; broadening the range of biomass inputs that the process can utilize, and the development of potential commercial products that can be produced from the glycerol utilized in the Glycell process. It operates in two segments: the technology segment, which undertakes research, development and commercialization of specific technologies with in the clean technology sector, and the gravel business segment, which supplies soil and general fill. It offers a technology package for breaking down plant derived biomass to renewable and biodegradable products. Its Glycell technology is a suite of chemistry and engineering processes that break down plant biomass at lower temperature and pressure, and generate cellulose.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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