Quadrise making progress on R&D efforts in Net Zero biofuel bid
–News Direct–
Quadrise PLC (AIM:QED) CEO Jason Miles provides Thomas Warner with an update on the company's biofuel research and development.
Quadrise is commercialising a biofuel, bioMSAR, with 40% glycerin, aiming for a 30% reduction in CO2 emissions and improved efficiency in marine vessels. Miles highlights recent testing with alternatives to glycerin, such as crude sugar oils and methyl esters, showing promising results in reducing emissions and enhancing efficiency.
He explains that Quadrise aims to create a fully Net Zero biofuel by replacing hydrocarbons with sustainable components, focusing on solutions for the shipping industry, which contributes 3% of global CO2 emissions.
With increasing pressure on the shipping sector to reduce emissions, QuadRise's biofuel p...