Quadrise Fuels International Plc (“Quadrise”) is a London (AIM) listed company engaged in the manufacture and marketing of a low viscosity oil-in-water emulsion fuel (MSAR®) for use as a synthetic, low-cost and environmentally friendlier substitute for conventional heavy fuel oil, in power generation and marine diesel engines as well as in on-site utility applications in refineries and industrial applications. Quadrise is the licensor of the MSAR® technology to refining partners who sell the fuel to end customers. Subject to continued positive results from current commercial-scale trials, Quadrise could start delivering early-stage commercial revenues during 2017/18. We believe that at 10p per share, a price very close to a 3-year low, the market is pricing-in a rather conservative production ramp-up.
05 Apr 2017
Quadrise Fuels - Fuelled for Growth
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Quadrise Fuels - Fuelled for Growth
Quadrise PLC (QED:LON) | 1.8 0 2.2% | Mkt Cap: 31.9m
- Published:
05 Apr 2017 -
Author:
Lionel Therond -
Pages:
4
Quadrise Fuels International Plc (“Quadrise”) is a London (AIM) listed company engaged in the manufacture and marketing of a low viscosity oil-in-water emulsion fuel (MSAR®) for use as a synthetic, low-cost and environmentally friendlier substitute for conventional heavy fuel oil, in power generation and marine diesel engines as well as in on-site utility applications in refineries and industrial applications. Quadrise is the licensor of the MSAR® technology to refining partners who sell the fuel to end customers. Subject to continued positive results from current commercial-scale trials, Quadrise could start delivering early-stage commercial revenues during 2017/18. We believe that at 10p per share, a price very close to a 3-year low, the market is pricing-in a rather conservative production ramp-up.