In Colorado, Gevo announced the signing of a Joint Development Agreement (JDA) with Leaf Resources. Leaf is a Queensland, Australia-based company and one of the world’s leading companies in converting plant biomass into industrial sugars. The JDA is to explore 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.
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.
Category: Producer News
This articles was originally posted at: https://www.biofuelsdigest.com/bdigest/2019/09/11/gevo-teams-with-leaf-to-potential-use-cellulosic-derived-sugars-and-glycerol-to-produce-hydrocarbon-molecules/ on