Quadrise Fuels International has signed an agreement with ENH Engineering A/S (ENH) for the supply of proprietary emulsion manufacturing plant designed for the processing of refinery heavy residues and production of MSAR fuel emulsions. ENH is a leading supplier of high quality bitumen emulsion manufacturing plant to the international refining and asphalt industry.
The Cooperation and Exclusive Purchase and Supply Agreement and the Joint Development Agreement executed with AkzoNobel in November 2013, and announced by Quadrise on 20 November 2013 (the "AkzoNobel Agreements"), now enable the Company to select and deal directly with plant manufacturers for the purchase of MSAR Manufacturing Units (MMUs).
Since the execution of the AkzoNobel Agreements, Quadrise has also been able to cooperate and conduct joint research and development on process plant improvements in association with leading manufacturers to optimize fuel production economics and efficiency.
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Quadrise Fuels International
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