Report

Quadrise Fuels International - Initial pilot trial in Morocco

Quadrise has entered into an agreement with an international chemicals and mining group headquartered in Morocco. During calendar Q120 the two parties will work together on a project to carry out a trial of MSAR, Quadrise’s synthetic enhanced heavy fuel oil, on a pilot plant test facility located at one of the client’s sites in Morocco. If successful, Quadrise will then undertake feasibility studies in preparation for commercial-scale trials on an industrial unit and a steam boiler owned and operated by the client. These potential trials would be covered by new agreements.
Underlying
Quadrise Fuels International

Quadrise Fuels International is engaged in developing markets for its proprietary emulsion fuel (MSAR®) as a low cost substitute for a conventional heavy fuel oil for use in power generation plants and industrial and marine diesel engines. Co. and its subsidiaries manufacture and market emulsion fuel for use in power generation, industrial and marine diesel engines and steam generation applications.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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