Leaf Resources Annual Update 2015; Signs Three MOUs & Raises over $2m

Leaf Resources’ Glycell process reduces the cost of producing clean, cellulosic sugars from biomass, the main feedstock for renewable chemicals and bio-plastics.

Our 2015 highlight updates:

• GlycellTM sugars cost less than $50 per tonne compared to other sources over $200 tonne, due to the ability to recover the main reagent, glycerol, at a higher purity and therefore higher value.
• 3 Memorandums of Understanding for particular biomass and feasibility studies on potential plants.
• Independent scoping study released showed IRR of 81% after tax from a renewable chemical project
• Edison Report – “GlycellTM has the potential to change the face of global renewable production”
• Successfully raised over $2M to further advance the commercialization of the GlycellTM process
• The company was recognized by a selection of international peers to rank in the Top 40 smallest companies in the bio-economy

ABOUT LEAF RESOURCES

Leaf Resources is commercialising the GlycellTM process.

The GlycellTM Process is an innovative technology that uses a low cost, recyclable, biodegradable reagent glycerol, in a simple process that breaks down plant biomass into lignin, cellulose and hemicellulose at low temperature and pressure. The cellulose is then converted to cellulosic sugars through enzymatic hydrolysis and the lignin, hemicellulose and glycerol become valuable co-products.

Cellulosic sugars are a major feedstock for green, renewable biobased chemicals, bioplastics and biofuels, products whose markets are multi $billions and fast growing. Many biobased products can now economically replace petroleum based products.

The GlycellTM process can produce cellulosic sugars at under $50 per tonne when co-products are included. This compares with $220 per tonne for sugars produced from the conversion of corn starch, the cheapest alternative and $280 per tonne for raw sugar.

By dramatically reducing the cost of the main feedstock for bio based chemicals, plastics and biofuels, the GlycellTM process has the potential to change the face of global renewable production.