Quadrise Plc, a leading provider of innovative energy solutions aimed at promoting a cleaner planet, has recently announced a significant collaboration agreement with Cargill NV, a major player in renewable biofuels, and MAC2 Solutions NV, a part of Group Machiels. The collaboration is centered around the production of MSAR® and bioMSAR™ fuels for Quadrise’s forthcoming marine vessel trials.
The agreement entails a strategic partnership between Quadrise, Cargill, and MAC2 to conduct trials following the installation and commissioning of Quadrise equipment at the MAC2 facility located in Antwerp, Belgium. Cargill will oversee the supply of feedstocks and bunkering operations to provide MSAR® and bioMSAR™ fuel for the trials, while MAC2 will provide essential support including jetty space, utilities, permits, and ad-hoc services. Quadrise, on the other hand, will be responsible for providing the technology and equipment required for MSAR® and bioMSAR™ fuel production.
This collaboration follows Quadrise’s AGM Statement in November 2023 and marks the first of several agreements necessary to supply MSAR® and bioMSAR™ for the MSC Leandra’s Proof of Concept (POC) and Letter of No Objection (LONO) trials scheduled to commence in the second quarter of 2024.
Pending the finalization of remaining agreements, including a toll manufacturing agreement between Cargill and Quadrise, equipment delivery to the MAC2 site is anticipated to enable trial commencement in the second quarter of this year, subject to receiving necessary permits from MAC2. The trials will involve POC tests using MSAR® and bioMSAR™ followed by extensive operation hours on bioMSAR™ to obtain LONO from the original equipment manufacturer. Quadrise estimates the bioMSAR™ LONO trial to span approximately 6-8 months after the completion of POC trials, which are projected to last around 2 months.
Successful completion of the LONO trial and the establishment of a long-term fuel supply agreement will pave the way for commercial MSAR® and bioMSAR™ bunker supply operations in the marine sector through Cargill and the MAC2 facilities in Port of Antwerp-Bruges.
Jason Miles, Chief Executive Officer of Quadrise, expressed his excitement regarding the collaboration, stating, “We are delighted to have signed this agreement with Cargill and MAC2 to progress our plans for supplying MSAR® and bioMSAR™ to the marine sector from Antwerp-Bruges.”
Quadrise, known for its MSAR® and bioMSAR™ emulsion technology, fuels, and biofuels, aims to provide innovative solutions to reduce energy costs and greenhouse gas emissions across various industries including global power generation, shipping, industrial, and refining sectors.
This collaboration underscores the commitment of all parties involved towards advancing sustainable energy solutions and marks a significant step towards achieving cleaner and more efficient maritime operations.
Source Quadrise