We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Quadrise Fuels International Plc | LSE:QFI | London | Ordinary Share | GB00B11DDB67 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.5175 | 1.49 | 1.545 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMQFI
RNS Number : 2974K
Quadrise Fuels International PLC
01 September 2021
1 September 2021
Quadrise Fuels International plc
("Quadrise", "QFI", the "Company" and together with its subsidiaries the "Group")
Publication of bioMSAR(TM) Test Results
Quadrise , the supplier of MSAR(R) and bioMSAR (TM) emulsion technology and fuels, which are low-cost, cleaner alternatives to heavy fuel oil and biofuels, is pleased to report that test results of bioMSAR(TM) on a medium speed 4-stroke Wärtsilä diesel engine at the VTT facility in Finland, confirming the results announced by the Company on 11 August 2021 when compared to conventional liquid fuels, are now available at: https://www.quadrisefuels.com/biomsar/references/ .
bioMSAR(TM) Test Highlights:
-- Engine efficiency was higher (up to 7%) than with marine diesel, increasing with engine load.
-- Average calculated CO(2) emissions were 26% lower than diesel on a life-cycle ("well-to-wake") basis, due to a combination of the 40% renewable glycerine content of bioMSAR(TM) and the higher engine efficiency.
-- NOx emissions were lower than for prior HFO and MSAR(R) tests, and comparable to diesel, with further NOx optimisation possible.
-- Smoke and particulate levels were very low, as were unburned hydrocarbons emissions, due to efficient fuel combustion.
-- The existing diesel engine fuel pumps and injectors worked well with bioMSAR(TM).
The bioMSAR(TM) test utilised 5 tons of bioMSAR(TM) manufactured at the Quadrise Research Facility, formulated with the intention of achieving a 20% CO(2) reduction and the results presented are in comparison to diesel at 75% load, which is a typical operating regime for a marine 4-stroke diesel (testing range of 50% to 90% load).
Further bioMSAR(TM) Testing at Aquafuel
As previously announced by the Company on 11 August 2021, further tests of bioMSAR(TM) are being conducted on our Cummins 4-stroke, high-speed diesel engine generating set to allow accurate performance monitoring, optimisation and measurements to be made. We expect the results of this testing at Aquafuel to be available by the end of September.
For further information, please contact:
Quadrise Fuels International Plc Mike Kirk, Chairman +44 (0)20 7031 7321 Jason Miles, Chief Executive Officer ir@quadrisefuels.com Nominated Adviser Cenkos Securities plc Ben Jeynes Katy Birkin +44 (0)20 7397 8900 Joint Brokers Peel Hunt LLP Richard Crichton +44 (0)20 7418 8900 David McKeown Shore Capital Stockbrokers Limited Toby Gibbs Fiona Conroy +44 (0)20 7408 4090 Public & Investor Relations FTI Consulting Ben Brewerton +44 (0)20 3727 1000 Ntobeko Chidavaenzi
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCDFLFXFVLZBBB
(END) Dow Jones Newswires
September 01, 2021 02:00 ET (06:00 GMT)
1 Year Quadrise Fuels Chart |
1 Month Quadrise Fuels Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions