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The latest update is out from Quadrise Fuels International ( (GB:QED) ).
Quadrise has entered into a Joint Development Agreement with Licella Holdings to explore the use of Licella’s Cat-HTR™ bio-intermediate as a renewable feedstock for bioMSAR™ and bioMSAR Zero™ fuels. This collaboration aims to develop cost-effective, low-emission marine fuels, with initial lab testing expected to progress to commercial vessel testing by 2026, potentially enhancing Quadrise’s market position in sustainable energy solutions.
More about Quadrise Fuels International
Quadrise is a provider of MSAR® and bioMSAR™ emulsion technology, fuels, and biofuels, offering innovative solutions aimed at reducing energy costs, pollution, and greenhouse gas emissions for the global power generation, shipping, industrial, and oil industries.
YTD Price Performance: -45.81%
Average Trading Volume: 10,446,074
Technical Sentiment Signal: Sell
Current Market Cap: £76.92M
See more insights into QED stock on TipRanks’ Stock Analysis page.