Business
Marine Programme Update
Marine Programme Update.
About this update from Quadrise Plc
[{"type":"text","content":"\n \nRNS Number : 4657S Quadrise Fuels International PLC 17 March 2016 \n\n17 March 2016 \n \n \nQuadrise Fuels International plc(\"Quadrise\", \"QFI'' or the \"Company\")\n \n \nMarine Programme Update\n \n \nQuadrise Fuels International plc (AIM: QFI) is the emerging manufacturer and supplier of MSAR emulsion fuels, a low cost alternative to heavy fuel oil (one of the world's largest fuel markets, comprising over 450 million tons per annum) in the global shipping, refining and steam and power generation industries.\n \nFurther to the Company's announcement of 16 September 2015, Quadrise is pleased to provide an update regarding its Marine Programme.\n \nWith respect to the contracts executed with Maersk Line A/S and Compania Espanola de Petroleos S.A.U. (\"Cepsa\") for the Operational Trial Programme, Quadrise has now commenced the shipment of equipment to Cepsa's Refinery Gibraltar San Roque and has started civil works that are required for the installation of a Quadrise MSAR Manufacturing Unit (\"MMU\") and associated systems at the designated Marine MSAR production facility within the refinery.\n \nThese activities are an integral part of the overall project designed to meet the requirements of the joint Operational Trial Programme, with installation and commissioning of the MMU planned for 1H 2016, as previously communicated.\n \n \nFor further information, please refer to the Company's website at www.quadrisefuels.com or contact:\n \n\n\n\n\nQuadrise Fuels International Plc\n\n\n\n\n\n\n\nIan Williams, Executive Chairman\n\n\n+44 (0)20 7031 7321\n\n\n\n\nHemant Thanawala, Finance Director\n\n\n\n\n\n\n\nJason Miles, Chief Operating Officer\n \n\n\n\n\n\n\n\nNominated Adviser\n\n\n\n\n\n\n\nSmith & Williamson Corporate Finance Limited\n\n\n\n\n\n\n\nDr Azhic Basirov\n\n\n+44 (0)20 7131 4000\n\n\n\n\nBen Jeynes\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBroker\n\n\n\n\n\n\n\nPeel Hunt LLP\n\n\n\n\n\n\n\nRichard Crichton\n\n\n+44 (0)20 7418 8900\n\n\n\n\nRoss Allister \n\n\n\n\n\n\n\nAlastair Rae\n\n\n\n\n\n\n\n \n\n\n\n\nPublic & Investor Relations\n\n\n\n\n\n\n\nBell Pottinger\n\n\n\n\n\n\n\nRollo Crichton-Stuart\n\n\n+44 (0)20 3772 2569\n\n\n\n\nGreg Wood\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news serv...