Company Announcements

5 March 2020

Quadrise Fuels International plc

("Quadrise", "QFI" or "the Company")

Update on Morocco Pilot Trial

Quadrise is pleased to announce that significant progress has been made in preparation for the MSAR® pilot trial at one of the industrial client's sites in Morocco. 

Fabrication of the MSAR® pumping and heating unit ('PHU') was completed at the Quadrise Research Facility ('QRF') during February 2020 as planned.  The PHU was then used to successfully complete burner tip spray testing. This testing was to ensure that Quadrise has a range of burner tips that are compatible with MSAR® fuel, in order to undertake and successfully complete the trial at the client's pilot facility and move to the next phase of the project as soon as possible.  Some of the tips selected for the trial have been designed by Quadrise experts.

The PHU, along with the other equipment required for the trial, and the MSAR® fuel produced at QRF, have now been shipped to Morocco and will be on site for the trial to commence in mid-March 2020 as scheduled.

Three short in-house videos shot at QRF showing the production of the MSAR® used for the burner tip spray testing, the testing itself and the bulk MSAR® production for the trial in Morocco are currently being edited and will be available on the Company's website by 13 March 2020.

For additional information, please contact:

Quadrise Fuels International plc                                                      +44 (0)20 7031 7321

Mike Kirk, Chairman

Jason Miles, Chief Executive Officer

FTI Consulting                                                                                       +44 (0)20 3727 1000

Public and Investor Relations

Ben Brewerton

Ntobeko Chidavaenzi