The oil industry has a problem. There are supply and demand imbalances from both quantity and quality perspectives; with crude oils and refined products invariably not where they are needed and not of the quality that the market wants.
Refineries are designed to address these imbalances, but their requirements change over time due to market forces and legislation, resulting in suboptimal operations. As the world demands more cleaner oil products, the costs of producing them increase.
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.