Quadrise Fuels International PLC Update re Greenfield MSAR Trial (1818J)
December 18 2020 - 5:46AM
UK Regulatory
TIDMQFI
RNS Number : 1818J
Quadrise Fuels International PLC
18 December 2020
18 December 2020
Quadrise Fuels International plc
("Quadrise", "QFI", the "Company" and together with its
subsidiaries the "Group")
Update re Greenfield MSAR(R) Commercial Trial Agreement
Quadrise Fuels International, the supplier of MSAR(R) emulsion
technology and fuels, a low-cost, cleaner alternative to heavy fuel
oil, notes the announcement by TomCo Energy plc today in relation
to Greenfield Energy LLC and a delay in the start-up of Petroteq
Energy Inc's existing oil sands plant in Utah ("POSP") such that
the POSP restart is now expected to occur in January 2021. Quadrise
looks forward to receiving samples from POSP following its restart.
Once received, the POSP samples will enable the Company to complete
the necessary lab and pilot testing at the Quadrise Research
Facility.
Enquiries:
Quadrise Fuels International plc +44 (0)20 7031 7321
Mike Kirk, Chairman
Jason Miles, Chief Executive Officer
Cenkos Securities plc +44 (0)20 7397 8900
Nominated Adviser
Ben Jeynes
Katy Birkin
Peel Hunt LLP +44 (0)20 7418 8900
Joint Broker
Richard Crichton
David McKeown
Shore Capital Stockbrokers Limited +44 (0)20 7408 4090
Joint Broker
Toby Gibbs
Fiona Conroy
FTI Consulting +44 (0)20 3727 1000
Public and Investor Relations
Ben Brewerton
Notes to Editors
QFI is the supplier of MSAR(R) and bioMSAR(R) emulsion
technology and fuels, a low-cost environmentally beneficial
alternative to heavy fuel oil for the global power generation,
shipping, industrial and refining industries.
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END
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