Quadrise has developed an exciting oil-in-water emulsion that can displace heavy fuel oil in the power generation and bunker fuel markets. The Company is seeking to commercialise its product, which goes under the brand name MSAR®, alongside some much larger companies with which it has alliances. A successful Open Offer raised £1.5 million in January 2019, which we expect to be sufficient to allow Quadrise to make significant progress with its business development initiatives in the
15 Feb 2019
Targeting commercial progress in 2019
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Targeting commercial progress in 2019
Quadrise PLC (QED:LON) | 1.3 0 0.0% | Mkt Cap: 21.1m
- Published:
15 Feb 2019 -
Author:
Richard Slape -
Pages:
6
Quadrise has developed an exciting oil-in-water emulsion that can displace heavy fuel oil in the power generation and bunker fuel markets. The Company is seeking to commercialise its product, which goes under the brand name MSAR®, alongside some much larger companies with which it has alliances. A successful Open Offer raised £1.5 million in January 2019, which we expect to be sufficient to allow Quadrise to make significant progress with its business development initiatives in the