(Alliance News) - Quadrise Fuels International PLC on Thursday reported "significant progress" ahead of a pilot trial of its MSAR heavy fuel oil alternative technology at a customer's site in Morocco.
Quadrise said fabrication of an MSAR pumping and heating unit was completed during February, as planned. The unit, and other equipment needed for the trial, have been shipped to Morocco.
The trial is on track to begin in mid-March, Quadrise added.
Quadrise shares were 5.9% higher at 2.25 pence each in London on Thursday afternoon.
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
