Quadrise Plc (QED) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen. Welcome to the Quadrise interim results investor presentation. Throughout today's recorded presentation, investors will be in listening mode. Questions are encouraged. They can be submitted at any time just using the Q&A tab situated on the right-hand corner of your screen. Before we begin, we'd like to submit the following poll. I'm sure the company would be most grateful for your participation. I'd now like to hand over to the team from Quadrise. Peter, good afternoon. Thank you very much, and thank you very much for joining us for the interim reporting for Quadrise. As always, we start with a disclaimer. I will leave that to you. and jump straight into the presentation. So the strategic challenges of Corevise are clear and well-known, so our focus is entirely on getting the MSC Cargill trial up and running. We have also since we last time met been having a meeting with OCP face-to-face that suggests we might be running a second trial with them leading into a commercial off-take agreement. But perhaps even more importantly, we have been upping and accelerating our efforts to build support from refineries, so we have feedstock supply available or at least plausible for when we need to scale up after these trials. I have mentioned at previous occasions, latest at the AGM, that we are looking at whether we can identify other shipping clients who would be willing to do commercial trials, perhaps in other segments. And this is an ongoing effort where we've been speaking with a good number of people that we believe are willing to be upfront users or first movers rather than the traditional shipping approach where you are first adapters rather. And I think we know pretty much who this is. So we've had meaningful discussions. We are ta...