Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksQFI.L Share News (QFI)

  • There is currently no data for QFI

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Quadrise Fuels reports next steps for bioMSAR testing

Fri, 03rd Mar 2023 13:31

Quadrise Fuels International PLC - London-based innovator and licensor of residual oil technology, producing a synthetic heavy fuel oil called MSAR - Confirms that its bioMSAR can proceed to the next phase of assessment. Says the optical combustion test confirms bioMSAR to have similar injection and combustion properties as MSAR. As a result, expects bioMSAR to behave similarly to MSAR when "utilised in medium and slow-speed diesel engines". Quadrise says the optical combustion and engine wear tests were carried out as a necessary precursor to commercial-scale vessel trials.

Chief Executive Jason Miles says: "The extensive tests undertaken by Wartsila clearly demonstrate the suitability of bioMSAR for use in both marine and power plant applications. This is an important step in clearing the fuel for commercial supply and we look forward to progressing our final round of tests ahead of planned vessel trials with MSC for both MSAR and bioMSAR later this year."

In January, Quadrise said bioMSAR fuel arrived at it client site in Morocco during December. It was being tested by Wartsila Services Switzerland. bioMSAR is a blend of heavy residual oils and glycerine with small amounts of specialist chemicals and water.

Current stock price: 1.44 pence each, down 4.0% on Friday afternoon in London

12-month change: down 13%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
9 Sep 2019 11:30

Quadrise Fuels Raises GBP2.5 Million Via Open Offer Ad Subscription

(Alliance News) - Quadrise Fuels International PLC on Monday said it has raised GBP1.8 million from an open offer of shares, slightly higher than previously announced.The company, which oil

Read more
23 Aug 2019 16:55

LONDON MARKET CLOSE: Choppy End On US-China Tariff Fear, Powell Speech

(Alliance News) - Stock prices in London closed mixed on Friday amid choppy trading ahead of the long Bank Holiday weekend as China responded in kind to fresh US tariffs announced earlier in the a

Read more
23 Aug 2019 09:17

Quadrise Fuels Gets GBP2 Million Of Funding And Plans Open Offer

(Alliance News) - Quadrise Fuels International PLC on Friday said its financial position is secured until June 2020 after it obtained GBP2 million of funding and is planning an open in Quadrise, a

Read more
19 Aug 2019 09:55

Quadrise Fuels in 'advanced discussions' with possible funding provider

(Sharecast News) - Quadrise Fuels International updated the market in its progress in seeking equity or equity-linked funding on Monday, reporting that it had continued to make "good progress" and confirmed that, following receipt of several proposals, it was currently in advanced discussions with a provider of funding.

Read more
19 Aug 2019 09:20

Quadrise Fuels Confirms Financing Talks; Considers Open Offer

(Alliance News) - Quadrise Fuels International PLC on Monday said it continues to make "good" progress in seeking equity or equity-linked funding and confirmed that, following receipt of

Read more
14 Aug 2019 14:46

Quadrise signs cooperation agreement with Merlin Energy Resources

(Sharecast News) - Quadrise Fuels has signed a memorandum of understanding with Merlin Energy Resources, an upstream oil and gas consultancy specialising in geological and geophysical exploration and production-related services, it announced on Wednesday.

Read more
14 Aug 2019 14:30

Quadrise Fuels Signs Memorandum With Merlin Energy On Oil Projects

(Alliance News) - Quadrise Fuels International PLC said Wednesday it has signed a memorandum of understanding with upstream oil & gas consultancy Merlin Energy Resources Ltd.Under the a

Read more
23 Jul 2019 14:23

Quadrise Fuels Shares Slide As It Confirms Funding Need

(Alliance News) - Shares in Quadrise Fuels International PLC fell on Tuesday as it confirmed it is considering equity funding to keep going past early October.The stock was down 25% on at a

Read more
13 Jun 2019 11:08

Quadrise Fuels Expands Aleph Commodities Partnership Into Saudi Arabia

(Alliance News) - Shares in Quadrise Fuels International PLC rose Thursday as it unveiled a new partnership with Aleph Commodities Ltd, which it already works with in Kuwait.Quadrise was on

Read more
30 May 2019 18:03

CORRECT: Quadrise Fuels Signs Saudi Arabia Deal With Al Khafrah

(Correcting Saudi Arabia from South Africa in later paragraph)LONDON (Alliance News) - Quadrise Fuels International PLC said Thursday it had signed an agreement with Al Khafrah Holding to a

Read more
30 May 2019 14:53

Quadrise Fuels International Signs Saudi Arabia Deal With Al Khafrah

LONDON (Alliance News) - Quadrise Fuels International PLC said Thursday it had signed an agreement with Al Khafrah Holding Group to exclusively supply its emulsion technology in Saudi the of and a

Read more
20 May 2019 15:39

Quadrise Progresses MSAR Pilot Test Programme With European Oil Major

LONDON (Alliance News) - Quadrise Fuels International PLC said Monday it has continued its work with an unnamed European oil & gas major over an MSAR Pilot Test Programme.In November a

Read more
13 May 2019 13:05

Quadrise Fuels gushes higher after signing Chinese agreement

(Sharecast News) - Quadrise Fuels (QFI) shot up on Monday after entering into a memorandum of understanding with API POLY-GCL Alliance Limited work together on an exclusive basis to pursue commercial opportunities involving the production and supply of MSAR fuel in China.

Read more
13 May 2019 09:11

Quadrise Fuels International Enters Deal With API POLY-GCL Alliance

LONDON (Alliance News) - Quadrise Fuels International PLC on Monday said it entered a memorandum of understanding with API POLY-GCL Alliance Ltd.Quadrise shares were trading 10% higher at a

Read more
8 May 2019 13:38

Quadrise Fuels International Signs MSAR Technology Agreement In Kuwait

LONDON (Alliance News) - Quadrise Fuels International PLC on Wednesday said it has entered an agency agreement with Hawazin Regional Trading Co and memorandum of understanding with both Hawazain a

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.