(NewsDirect)
Quadrise PLC (AIM:QED) CEO Jason Milesjoins Proactive's Stephen Gunnion with an update on thesignificant advancements the company is making in biofueltechnology.
Quadrise'ssuccessful completion of a fuel trial in Morocco stands as a notableachievement, demonstrating the potential of MSAR as a cost-effectivealternative for industrial fuel needs. This trial marked the firstcommercial-scale demonstration of bioMSAR in an industrial setting,highlighting Quadrise's pioneering role in the industry.
Miles elaborated on the trial'ssuccess, noting the substantial fuel consumption of the tested unit,comparable to a large container ship. The trial impressively metstringent emission standards, showcasing biofuel's viability inreducing CO2 emissions by over 25%. The stability of MSAR and bioMSAR,maintained for over 12 months, further attests to the fuel'sreliability.
Looking forward,Quadrise is preparing a technical report for the client and initiatingdiscussions for potential EMSA supply starting in 2024. This includesconsidering trials at other sites, reinforcing the company'scommitment to energy decarbonization. Miles also touched on otherprojects, including a marine program with MSC, set for a commercialvessel trial in 2024, and a US low-carbon fuels project withValco.
These initiatives, alongside strategic partnerships forbiofuel development, underscore Quadrise's proactive approach tosustainable fuel solutions.
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