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AKZA Akzo Nobel NV

55.84
-0.32 (-0.57%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Akzo Nobel NV EU:AKZA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.32 -0.57% 55.84 55.50 56.50 56.06 55.28 55.78 745,479 16:40:00

Quadrise Fuels International Awarded Three-Year Contract

08/10/2019 9:30am

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By Anthony O. Goriainoff

 

Quadrise Fuels International PLC (QFI.LN) on Tuesday said its subsidiary Quadrise International Ltd. has agreed a three-year contract with Nouryon Surface Chemistry AB.

The oil-technology company said the contract will run until October 2022 and it is for the exclusive global collaboration and supply of goods and services for future MSAR--oil-in-water emulsion systems--projects.

The contract replaces two separate contracts with Akzo Nobel NV (AKZOY), which had been previously extended to November 2019.

"Our long-term relationship with Nouryon continues to underpin our ability to move the company towards long-term commercial revenues, as we progress our business-development activities towards large-scale trials followed by commercial roll-out," Executive Chairman Mike Kirk said.

The company didn't give any contract figures.

Shares at 0750 GMT were down 0.03 pence, or 0.6%, at 4 pence.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

October 08, 2019 04:15 ET (08:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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