Leaf Resources (AX:LER) is taking steps to commercialise its Glycell technology. This produces sugars from biomass for processing to high-value bio chemicals at a much lower cost than alternative technologies, providing the foundation for new projects based on ‘advantaged’ biomass. Glycell has the potential to transform the economics of global renewable chemicals.
Proactively pursuing business opportunities
For organisations that have access to low-cost biomass that would otherwise be disposed, burnt or used in a low-value application, Glycell provides a business opportunity for a high-value project producing a renewable chemical. LER has a proactive strategy to sponsor projects and has already negotiated three MOUs. The strong economics of such projects has created potential opportunities to negotiate a more valuable free carried interest rather than a royalty.
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