October 23, 2017 4:39 AM ET

Chemicals

Company Overview of Claeris, LLC

Company Overview

Claeris, LLC develops, constructs, and operates environmentally-responsible industrial facilities that produce lubes, chemicals, and fuels from clean-burning natural gas and residual biomass feedstocks. The company is headquartered in Dallas, Texas.

3811 Turtle Creek Boulevard

Suite 1830

Dallas, TX 75219

United States

Phone:

214-522-1161

Key Executives for Claeris, LLC

Co-Founder, Managing Partner and Director
Age: 54
Managing Partner and Director
Age: 55
Co-Founder, Managing Partner, Managing Director and Director
Age: 53
Compensation as of Fiscal Year 2017.

Claeris, LLC Key Developments

Leaf Resources Ltd Announces the Signing of Binding Legal Agreements with Claeris, LLC to Establish Joint Venture (Jv) Entity

Leaf Resources Ltd. announced the signing of binding legal agreements with Claeris, LLC to establish a joint venture (JV) entity, Leaf Development, LLC for the purpose of developing up to five renewable chemical projects that utilise Leaf Resources' proprietary Glycell™ process. Leaf Resources' decision to establish the joint venture has been driven by four key considerations. Risk mitigation: It is difficult for an Australian company the size of Leaf Resources to secure global-scale projects with large US partners on its own. Working with an established industry participant like Claeris provides added credibility to Leaf's technology and assists the Company through the complex process of sourcing, partnering, financing, and developing renewable chemical projects. Speed: By working with Claeris, Leaf Resources anticipates a more expeditious development of projects and partnerships. Better commercial outcomes: Leaf Resources believes it will be able to achieve superior financial results by leveraging Claeris' industry reputation and its expertise in developing commercially viable, well-executed renewable production facilities. Field of opportunity: The joint venture arrangement with Claeris provides significant additional opportunities for the deployment of the Glycell™ process across a variety of biomass sources in a number of jurisdictions. In particular, Claeris has identified development opportunities using empty fruit bunches in Asia and hard woods in the US and will actively pursue these development projects.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
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