(NewsDirect)
Quadrise PLC (AIM:QED) CEO Jason Milesprovides Thomas Warner with an update on the company's biofuelresearch and development.
Quadriseis commercialising a biofuel, bioMSAR, with 40% glycerin, aiming for a30% reduction in CO2 emissions and improved efficiency in marinevessels. Miles highlights recent testing with alternatives toglycerin, such as crude sugar oils and methyl esters, showingpromising results in reducing emissions and enhancingefficiency.
He explains thatQuadrise aims to create a fully Net Zero biofuel by replacinghydrocarbons with sustainable components, focusing on solutions forthe shipping industry, which contributes 3% of global CO2emissions.
With increasing pressureon the shipping sector to reduce emissions, QuadRise's biofuelproducts could ultimately offer environmentally friendly alternatives.The company plans to conduct further testing at a facility in Finland,collaborate with biofuel partners, and accelerate product development.Miles emphasises the momentum in the biofuels industry andQuadrise's position in providing sustainable solutions.
The company's upcoming plans includeextensive testing in the first half of the next year, collaborationwith undisclosed biofuel partners, and progressing toward B100 biofuelproducts.
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