Quadrise Plc has signed a Project Development Agreement (PDA) with renewable biofuels specialists, BTG Bioliquids (BTL) and Euthenia Energy Group.
Quadrise and BTL entered into a Joint Development Agreement (JDA) last year to investigate the use of BTL’s fast pyrolysis bio-oil (FPBO) as a potential cost-effective renewable feedstock for Quadrise’s bioMSAR™ solution.
The JDA forms part of the strategy to deliver a commercially viable net-zero biofuel by 2030 whilst also supporting decarbonisation of the marine, power, and heavy industry sectors. Work carried out under the JDA has resulted in positive outcomes to date, with stable formulations of bioMSAR™ incorporating FPBO (Pyrolytic bioMSAR™) being produced at the Quadrise Research Facility.
Quadrise plc (LON:QED) is an energy technology provider whose solutions enable production of cheaper, cleaner, simpler and safer alternatives to fuel oil and biofuels, proven in real world applications. Quadrise technologies produce transition fuels called MSAR® and bioMSAR™, which allow clients in the shipping, utilities and industrial sectors to reduce carbon emissions whilst also saving costs.
