Quadrise Fuels International PLC (LON:QFI) Chairman Mike Kirk talks to Proactive London, and highlights the company's current positive progress in Morocco. It looks like the company will be very busy too for the first half of 2021 with a client’s trial of MSAR technology in Morocco continuing to advance into Phase 2, as well as operations progressing apace in Utah.
Mike talks investors through the company's current Covid-resilience strategy citing that star asset in their portfolio, MSAR fuel, which is an emulsified fuel that can be a substitute for heavy fuel oil and diesels.
Planning and preparation for a larger industrial-scale trial is underway, the aim being to fast-track the commercial scale trial and de-risk commercial roll-out.
Details here too on Quadrise's major new transaction with one of the world's biggest shipping companies.