Quadrise signs Project Development Agreement with BTG Bioliquids and Euthenia

Quadrise Plc (LON:QED), the supplier of innovative energy solutions for a cleaner planet, is pleased to announce the signature of a Project Development Agreement with renewable biofuels specialists, BTG Bioliquids BV and Euthenia Energy Group Limited.

As announced on 8 June 2023, Quadrise and BTL entered into a Joint Development Agreement to investigate the use of BTL’s fast pyrolysis bio-oil as a potential cost-effective renewable feedstock for Quadrise’s bioMSAR™ solution. The JDA forms part of our 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.

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