Gevo and Leaf Resources sign agreement on cellulosic sugars conversion
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.