Leaf Resources has taken two more steps towards commercializing its Glycell technology that can produce lignin and glycerol from waste biomass. It has signed an exclusive agency agreement with HB International, one of the largest glycerol brokers in the world, for the supply of raw glycerol and the sale of refined glycerol. The second step is entering the biodegradable packaging market, which offers short term revenue while it develops its major plant in Malaysia.
Leaf Resources has opened another front in the commercialization of its waste biomass technology with a joint venture to develop five green chemicals projects. Its partner is an established US based global project developer, Claeris, LLC.