Gevo and Leaf Resources sign agreement on cellulosic sugars conversion

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Type of post: NEWS IN BREAF.

Gevo and Leaf Resources have signed a Joint Development Agreement (JDA) for exploring the potential use of cellulosic derived sugars and glycerol from Leaf and the ability to convert these to hydrocarbon molecules useful as fuels or chemicals.
Press release: “Gevo and Leaf Resources Sign a Joint Development Agreement for Potential use of Cellulosic Derived Sugars to Convert to Hydrocarbon Molecules”, 10/9/2019.
More posts: Gevo.
More posts: Leaf Resources.

Figure 1. Gevo and Leaf Resources sign agreement on cellulosic sugars conversion

The JDA is structured around three phases of joint work designed to establish a bankable project. Phase 1 will develop the feasibility of a potential facility, followed by phases investigating the commercial development and commercialization of the project. Gevo and Leaf will carry their own costs during phase 1 of the project, with further funding to be determined by a future written agreement after completion of the phase 1 milestones.

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