Quadrise PLC 2014 AR2
The report highlights Quadrise Fuels International plc's progress during the fiscal year ended June 30, 2014, particularly the successful 'Proof of Concept' confirmation from seaborne trials with Mærsk. The company executed new exclusive agreements with AkzoNobel, replacing the 2004 Alliance Agreement, and advanced its MSAR fuel projects in Saudi Arabia and Colombia. Financially, Quadrise raised £10.7 million through a share placing in March 2014, ending the year debt-free with £11.1 million in cash reserves. The company continues to focus on commercializing its modular oil-in-water emulsion fuel technology as a low-cost, lower-emission alternative to heavy fuel oil.
Company: Quadrise PLC
Sector: Professional & technical services
Country: United Kingdom
Year: 2014
Type: AR2
Pages: 74
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Quadrise PLC
Annual Report And Financial Statements
The report highlights Quadrise Fuels International plc's progress during the fiscal year ended June 30, 2014, particularly the successful 'Proof of Concept' confirmation from seaborne trials with Mærsk. The company executed new exclusive agreements with AkzoNobel, replacing the 2004 Alliance Agreement, and advanced its MSAR fuel projects in Saudi Arabia and Colombia. Financially, Quadrise raised £10.7 million through a share placing in March 2014, ending the year debt-free with £11.1 million in cash reserves. The company continues to focus on commercializing its modular oil-in-water emulsion fuel technology as a low-cost, lower-emission alternative to heavy fuel oil.
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Document Details
Report Year
2014
Reporting Period
Jul 1, 2013 - Jun 30, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees