Leaf Resources (ASX: LER) (“Leaf”) has signed an exclusive agency agreement with HB International for both the purchase of raw glycerol and the sale of refined glycerol. Given that glycerol is a key input into Leaf’s GlycellTM process and a significant revenue stream it is highly advantageous for Leaf to have secured an agreement with one of the world’s leading glycerol brokers with an extremely strong presence in Asia.