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About Quadrise Plc
Quadrise Fuels International Plc, together with its subsidiaries, engages in manufacturing and marketing emulsion fuel for use in power generation, industrial and marine diesel engines and steam generation applications in the United Kingdom.
The company produces emulsion fuel (or supplies the associated technology to third parties) as a low cost substitute for conventional heavy fuel oil (HFO) for use in power generation plants and industrial and marine diesel engines.
The company’s MSAR (Multiphase Superfine Atomised Residue) technology is applicable to a wide variety of heavy oils and refinery residue streams and end-user applications. Whilst the process is specific to each refinery/residue stream, the low-cost MSAR fuel is generally supplied as one of two products:
Marine MSAR, a replacement bunker fuel, developed with A.P. Møller-Maersk and major diesel engine companies.
MSAR, a replacement HFO for stationary applications developed for major oil and power generation companies, industrial users and equipment suppliers globally.
An agency agreement was signed in July 2020 with Pacific Green Technologies, Inc (PGT) Group, a company that is becoming a world leader at providing sustainable cleantech solutions for climate change, green energy and emissions control. Their gas scrubbers have applications in the marine, power and industrial sectors that the company is developing, and as agent, the company will receive an agency fee based on the sale of PGT technology linked to MSAR projects.
The company is collaborating with a U.K. technology and engineering company that specialize in process plant development, project risk analysis, and engineering and design. They design and license technology for the extraction and recovery of metals (particularly vanadium and nickel – with the former having increasing use in the production of batteries that are essential for large-scale adoption of renewable energy solutions) from ashes, minerals, refinery residues, spent catalyst and industrial by-products.
The company is in discussions with JGC regarding a new joint initiative for MSAR to reduce Japanese refinery emissions of CO2 using combined heat and power diesel technology to replace residue-fired boilers.
