Quadrise Fuels International appoints Andy Morrison as Non-Executive Chairman

Quadrise Fuels International plc (LON:QFI), the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, providing innovative lower cost and lower carbon alternatives to fuel oil and biofuels, has announced the appointment of Andy Morrison as Non-Executive Chairman with immediate effect.

Andy is a director of growth businesses with almost forty years of experience encompassing major multi-national corporations and junior public companies. Andy began his career at Royal Dutch Shell, where he spent 17 years in their oil products (including bunker fuel), lubricants and speciality chemicals divisions. His roles there included VP positions in sales, marketing, trading and strategy, spanning several continents.

After leaving Shell, Andy held senior positions at BG Group plc and BOC Group plc in Corporate Strategy and New Business Development respectively. Since 2007, Andy has led a number of junior listed companies in both the energy and ESG sectors, where he has significant experience covering restructuring, turnarounds, new listings and acquisitions. His directorships have included roles as Chief Executive Officer of Xtract Energy plc and Silvermere Energy plc, non-executive director of Kanabo Group plc and Chairman of Spinnaker Acquisitions plc which has recently listed on the London Stock Exchange and completed the purchase of Homeserve Labs Ltd by way of a reverse takeover.

Andy holds a first-class bachelor’s degree in chemical engineering and fuel technology from the University of Sheffield.

Philip Snaith, Chairman of the Nominations Committee, said:

“Andy was the leading candidate following a rigorous recruitment process, and we are delighted to have appointed him as Chairman. He has extensive and highly relevant experience in the energy sector as well as with listed companies across a range of industries including several ESG-focused entities.”

“Andy has demonstrated strong leadership skills and a strategic and entrepreneurial approach throughout his career and has a track record of commercial delivery. Andy joins Quadrise at the start of an exciting year ahead for the Company as we progress our projects towards commercialisation.”

Andy Morrison, incoming Non-Executive Chairman, said:

“I am very much looking forward to joining the board at Quadrise Fuels International and working with the executive team; this is clearly a time of huge potential for the business with so many of the industry dynamics providing real opportunity for our products and technology. The increasing importance of ESG credentials to the investor community presents both challenges and opportunities. Our task will be to deliver on our projects and at the same time build a sustainable future for the Company that can inspire us all.”

The following information regarding the appointment of Andrew John Gowdy Morrison (aged 61) is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies:

Current DirectorshipsDirectorships within the last five years
Spinnaker Acquisitions plcNostra Terra Oil and Gas plc
Spinnaker Management Resources LimitedThe I am Billy Foundation
Kanabo Group plc
Hemspan Limited

Between 31 August 2011 and 16 August 2013, Mr Morrison was a director of Silvermere Energy plc, which entered into a company voluntary arrangement with its creditors on 16 August 2013. The CVA completed on 20 December 2013, pursuant to which creditors were issued shares in Silvermere, which was then renamed Tern plc.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Quadrise Fuels International

More articles like this

Quadrise Fuels International

Emulsion technology made concise

Quadrise has developed an innovative and disruptive technology solution to create value from the bottom of the crude oil barrel. Explaining the company’s ground-breaking complex technology in a simplified manner to all stakeholders, as well as reinforcing

Quadrise Fuels International

Ships get older and slower as emissions rules bite

If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long term to cut greenhouse gas emissions, many shipping firms

Quadrise Fuels International

Refinery economics case study

Evaluating the economics of introducing MSAR® in to a hypothetical, semi-complex refinery, which is currently producing HFO from a blend of SDA pitch and LCO cutter stock, by installing a single MMU producing 1,000t/day of MSAR®

Quadrise Fuels International

Heat and Power case study

MSAR® is commercially and operationally proven in both steam boilers and diesel engines. It can be supplied directly from candidate refineries and delivered to a power plant using conventional infrastructure designed for heavy fuel oil. STEAM BOILERS Over 60

Quadrise Fuels International

Accelerating the transition to net zero

MSAR Emulsion Fuel Improves engine efficiency, lowering energy consumption and fuel costs to achieve CO2 savings of up to 9% Enhances fuel blending of lower value fuels and biofuels, the water lowers fuel viscosity and NOx

Quadrise Fuels International

Mexico’s energy problem

Mexico’s energy sector has a problem. In order to satisfy the growing demand for high-value transportation fuels, such as gasoline and diesel, Mexico must import billions of dollars worth of these fuels each year. Imports alone are

Quadrise Fuels International

Quadrise Fuels International: Moving forward in Morocco

Quadrise has signed a new material transfer and cooperation agreement with its client in Morocco. The signature clears the way for an industrial demonstration test at one of the client’s sites, potentially leading to commercial sales of

Quadrise Fuels International

Marine case study

MSAR® is operationally and commercially proven as a marine bunker fuel in both 2- and 4-stroke engines. It can be supplied directly from candidate refineries and delivered to marine vessels using conventional infrastructure designed for marine

Quadrise Fuels International

Benefits of bioMSAR

Low CO2 emissions – bioMSAR™ offers a 20% reduction in CO2 emissions compared to HFO. This is comparable with LNG use, but without the risk of methane slip, which is 21 times worse than CO2 as a greenhouse gas. Low cost

Quadrise Fuels International

Quadrise Fuels on-track to achieve commercialisation targets

Quadrise Fuels International – London-based residual oil technology licensor – says its on track to achieve commercialisation targets following ‘positive engagement with counterparties during the past month’. ‘During the past month, the board and management have

Quadrise Fuels International

Benefits of MSAR®

MSAR® delivers economic, environmental and handling advantages over conventional HFO. Where a refinery produces heavy fuel oil (HFO), some higher value distillate cutter stocks are diverted and downgraded to the fuel oil pool to dilute the bottom

Quadrise Fuels International

Quadrise projects on track after Board review

Lower-carbon fuel technology company Quadrise said it was on track to achieve its commercialisation targets in an update on Monday, after a board review and “positive engagement” with counterparties over the last month. The AIM-traded firm said as

Quadrise Fuels International

Quadrise Fuels International is well on-track to achieve its targets

Quadrise Fuels International plc (LON:QFI), the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, providing innovative lower cost and lower carbon alternatives to fuel oil and biofuels, has presented an update following a board review of the Company’s projects, operations

Quadrise Fuels International

bioMSAR: Towards a net-zero future

The pursuit of a Net-Zero future has created a ‘space-race’ within the marine industry. Potential nearer term greenhouse gas (‘GHG’) savings, along with other environmental benefits, are being sacrificed as investment by the marine industry focuses

Quadrise Fuels International

Quadrise Fuels narrows loss and eyes revenue in second half

Quadrise Fuels International PLC – London-based residual oil technology licensor- Narrows loss in the six months ended December 31 to £1.5 million from £2.3 million. First half revenue surges to £75,000 from £8,000. Production & development