News and Announcements
Leaf Resources Chairman’s Address to Shareholders and Managing Director’s Presentation
- Published November 26, 2015 12:07PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
25th November 2015, ASX Announcement
Ken Richard, our Managing Director will be giving you a Company update immediately following my address, but let me pick out some of the highlight achievements over the past year:
- Expansion of the range of feedstocks to include popular, corn stover and palm oil waste in addition to bagasse and Eucalyptus;
- Incorporation of a glycerol recycling step to the Glycell process which will not only save considerable input cost but which also purifys the glycerol;
- An independent modelling study which projects a substantial operating and capital cost advantage for Glycell over the current industry practice of dilute acid pretreatment;
- A second modelling study for production of a renewable chemical which projected an after tax IRR of 81% (US$720 million)
- And lastly, the setting up of jointly funded developmental and commercialistion projects with four companies that span the use of the Glycell process on poplar and forestry waste, agricultural waste, Radiata pine and mushroom straw waste.
To read the full announcement, please click here.
To view the Managing Director’s Presentation, please click here.
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