Quadrise Fuels International PLC

Quadrise Fuels signs agreement with Saudi firm for its MSAR fuel technology

Mike Kirk, executive chairman of Quadrise Fuels International PLC (LON:QFI), speaks to Proactive London's Andrew Scott after pencilling a partnership deal with Saudi Arabia-based Al Khafrah Holding Group (AKHG).

The MoA sees the two companies proposing to progress projects in Saudi Arabia that use Quadrise's MSAR fuel technology, with an initial focus on the use of MSAR fuel in boilers, an area in which Quadrise has previously experimented in Saudi Arabia.

Quick facts: Quadrise Fuels International PLC

Price: £0.04

Market: LSE
Market Cap: £40.03 m

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