Quadrise has developed a synthetic heavy fuel oil (HFO) technology that potentially reduces costs and polluting emissions for HFO users in the industrial, marine bunker and power markets, as well as improving the profitability of upstream operations and of refineries producing HFO. Recent third-party tests on Quadrise’s new biofuel, bioMSAR, show reductions in CO2 emissions that are materially ahead of existing biofuels at a lower cost.
Making progress on three customer programmes
Following the signing of a joint development agreement (JDA) in January 2021, Quadrise and MSC Shipmanagement, part of the world’s second largest shipping line, could potentially start on-vessel, commercial-scale trials in mid-CY22. If successful, the trials may be followed by commercial roll-out of bioMSAR and/or MSAR across MSC’s global fleet.
Quadrise Fuels International plc (LON:QFI) is the global innovator and licensor of disruptive heavy oil technology that produces MSAR® fuel. The Quadrise team is a unique combination of energy sector experts and fuel specialists that were instrumental in the prior commercialisation of 60 million tons of Orimulsion® fuel worldwide.