Quadrise Fuels signs agreement to supply alternative fuels

Quadrise Fuels International PLC announced that it has signed a new agreement with its client in Morocco.

As per the agreement, the company will supply trial quantities of its MSAR and bioMSAR alternative fuels for an industrial demonstration at one of the client’s sites.

The company will then provide the client with a written report on the efficacy of using MSAR and bioMSAR. Subject to the demonstration test meeting client-specified deliverables, it is then expected that they will enter negotiations for a potential commercial supply of the products.

At the same time, Quadrise is completing a technical and economic feasibility study for an additional industrial demonstration test at a second site for the client. It noted that this is now nearing completion, pending a final site visit by the Quadrise team.