Quadrise Plc (LON:QED), the supplier of innovative energy solutions for a cleaner planet, has announced the signature of a Cooperation Framework Agreement with BTG Bioliquids BV. The CFA serves to extend the scope of Quadrise’s existing agreement with BTL.
Following the signature of a Joint Development Agreement with BTL in June 2023, Quadrise has worked with BTL to incorporate BTL’s sustainable Fast Pyrolysis Bio-Oil products into bioMSAR™. Stable emulsions incorporating up to 20% BTL FPBO sugars have been produced at the Quadrise Research Facility, with Cummins diesel engine testing on these emulsions at Aquafuel now planned for Q3 2024.
As a result of this progress, the parties have now agreed a Cooperation Framework Agreement. The CFA expands the scope of the JDA to incorporate the parties’ intention to undertake additional diesel engine testing with BTL FPBO emulsions on engines larger than the currently planned Q3 2024 Cummins test leading, ultimately on success, to a marine vessel for final testing ahead of potential commercial-scale bioMSAR™ supply.
