Leaf Resources advances towards commercial-scale biochemical project in Malaysia

October 30, 2016 |

In Australia ,Leaf Resources and its US-based joint development partner revealed that they are working with two agencies of the Federal Government of Malaysia to further advance the development in Malaysia of at least one commercial-scale, second-generation, bio-chemical production facility

Leaf has signed a Memorandum of Understanding with Agensi Inovasi Malaysia and a Letter of Facilitation and Collaboration with Malaysian Bioeconomy Development Corporation, both of which specify the objectives to be jointly undertaken by the parties to further advance Leaf’s project development efforts in Malaysia

Leaf said that that Malaysia, with its abundant biomass resources, its advantageous location within the ASEAN region, and the active commitment of both the Federal and State Governments, presents a unique combination of all the attributes necessary to be a successful site for a “platform” Glycell production facility

Ken Richards, Managing Director of Leaf Resources, commented: “Having just returned from a week in Malaysia, which included visits to potential sites and meetings with numerous government officials, I am impressed with Malaysia’s enthusiasm and commitment to create a high-value, bio-based industry. The proactive nature of all parties, government and private sector, demonstrate their commitment to make it happen. I believe that Malaysia, with its abundant biomass resources, its advantageous location within the ASEAN region, and the active commitment of both the Federal and State Governments, presents a unique combination of all the attributes necessary to be a successful site for a “platform” Glycell production facility. We look forward to actively pursuing this unique opportunity with the Malaysian government.”

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