RE: qfi20 Jul 2022 20:18
Hotfinance14 Think this is the last one I posted:-
This is what we are waiting for….
Aquafuel to commence later in Q2. This will conclude the bioMSAR™ engine efficiency optimisation work, with results expected early in Q3 2022.
Utah, Under the terms of the CDA, both of these Phase 1 activities are to be completed prior to 30 June 2022
Latin America, Quadrise and its local agents, E&PC, are progressing discussions with several candidate sites in Panama and Honduras to trial MSAR® and bioMSAR™ later in 2022 at a power plant equipped with Wärtsilä diesel engines,
Mexico, Documentation is being prepared for one of the sites identified that could lead to a demonstration of MSAR® refinery refueling on a fuel oil consuming unit later in 2022.
Morocco, As previously announced by the Company, the first of the Moroccan site trials will be at "Site B", which accounts for around one third of the client's annual HFO consumption, where 60mt of MSAR® will be combusted on one of the client's industrial units. A smaller trial of bioMSAR™ will also take place on the same unit after the MSAR® test. The Quadrise trial equipment is in Morocco, and production of the fuel will commence upon signature of the updated agreement. The Site B trial is expected to conclude in Q3 2022.
MSC, May or June, Quadrise and MSC Shipmanagement continue to progress finalisation of an agreement covering the LONO trial programme aboard MSC container shipping vessels and the subsequent commercial framework, following a positive meeting recently with MSC executive management in Cyprus.