Report
Toby Thorrington

Quadrise Fuels International - Trials in three sectors progressing

Quadrise is preparing for marine trials with MSC Shipmanagement, two larger-scale trials with an industrial partner in Morocco and a pilot up-stream trial in Utah. Management notes that these activities could potentially result in the first commercial shipments of MSAR in early calendar year (CY) 2022. Importantly, MSC would like to test Quadrise’s low carbon fuel, bioMSAR, ahead of standard MSAR during the letter of no objection (LONO) programme.
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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