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IN BRIEF: Quadrise continues work on MSAR, bioMSAR fuel trial deal

Mon, 29th Apr 2024 14:09

Quadrise PLC - London-based clean energy technology provider - Regarding its project MSC Shipmanagement Ltd of Cyprus, says it continues to work with its project partners to seek to finalise the project agreement. Says it will provide a further update on the project and entry of the project agreement in due course. In March, Quadrise announced a binding deal with MSC and Cargill NV over the production of MSAR and bioMSAR fuels for Quadrise's forthcoming vessel trials on board the MSC Leandra was expected by the end of the first quarter of 2024. It agreed this collaboration in February.

Current stock price: 1.56 pence, down 4.7%

12-month change: up 16%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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