Report
Toby Thorrington

Quadrise Fuels International - Taking to the high seas again

Quadrise has signed a Joint Development Agreement with MSC Shipmanagement to carry out a trial of MSAR, its synthetic heavy fuel oil substitute, on representative commercial vessels in MSC's global fleet. The 4,000-hour trial is scheduled to start in calendar Q421. If successful, the trial may potentially be followed by commercial roll-out of MSAR across MSC’s global fleet. The trial may also include testing of Quadrise’s bioMSAR biofuel with a view to potential commercial roll-out of the new low-carbon variant as well.
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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Analysts
Toby Thorrington

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