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Leaf Resources Update: Potential Projects in USA Progressed, JV Progression, Excellent Results from EFB

  • Published May 03, 2016 11:52AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

2nd May 2016, ASX Announcement

Overview 

Leaf Resources has had a very busy and productive year to date, working around the world to deliver economical projects producing renewable chemicals from plant biomass based on our proprietary, award wining Glycell™ process.

Recent trips to the USA have progressed potential projects in the region as Leaf Resources’ personnel continue negotiations with several potential partners in addition to working on the previously announced JV with ZeaChem. In Europe the Joint Venture with Monaghan Bioscience has delivered excellent first stage results and has now progressed to the second stage.

In Asia, plans are being made to utilize the excellent results from the recent testing of Empty Fruit Bunch (EFB) at Andritz’s demonstration plant at Springfield Ohio. The results were good enough for Andritz to state that Glycell™ is now a preferred process to convert this waste biomass into commercial sugars.

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