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RNS Number : 4170O Quadrise PLC 12 January 2026
12 January 2026
Quadrise plc
("Quadrise", "QED" or the "Company")
Extension of Exclusive Agreement with Nouryon
Quadrise plc (AIM: QED), the technology company focused on the decarbonisation
of shipping and heavy industry through deployment of low emission fuels and
biofuels, is pleased to announce the extension of the Exclusive Global
Collaboration and Emulsifiers Sales Agreement ("Agreement") with Nouryon, a
global specialty chemicals leader, for the exclusive supply of goods, services
and IP for future MSAR® and bioMSAR™ projects.
The Agreement, the terms of which were announced on 8 October 2019, was
renewed on 9 January 2026 to cover the period up to and including 31 October
2026.
Commenting on the Agreement, Jason Miles, CTO of Quadrise, said:
"We are pleased to renew our exclusive partnership with Nouryon, which
continues to underpin the development and commercialisation of our MSAR® and
bioMSAR™ fuels. This agreement reflects our shared commitment to delivering
innovative, sustainable solutions for the marine, energy and industrial
sectors."
Background to the Nouryon Agreement:
The Agreement between Quadrise International Limited ("QIL"), a subsidiary of
the Company, and Nouryon Surface Chemistry AB ("NSC") continues the commercial
relationship between the parties relating to the purchase and supply of goods
and associated technical services to MSAR® and bioMSAR™ projects in
development. QIL purchases, and will continue to purchase, speciality
chemicals used as emulsifiers exclusively from NSC, which NSC supplies
exclusively to QIL for oil-in-water emulsion fuel and biofuel applications.
Intellectual Property arising from any future joint development activity, or
relating to past work such as MSAR® and bioMSAR™ development, is jointly
owned between the parties in agreed territories. The Agreement is exclusive in
the field of oil-in-water emulsion fuels and biofuels research and development
unless otherwise agreed jointly.
For further information please contact:
Quadrise Plc +44 (0)20 7031 7321
Andy Morrison, Chairman
Peter Borup, Chief Executive Officer
Nominated Adviser
Cavendish Capital Markets Limited +44 (0)20 7220 0500
Ben Jeynes
George Lawson
Joint Brokers
Shore Capital Stockbrokers Limited +44 (0)20 7408 4090
Toby Gibbs / Harry Davies-Ball (Corporate Advisory)
Fiona Conroy (Corporate Broking)
VSA Capital Limited +44 (0)20 3005 5000
Andrew Raca (Corporate Finance)
Andrew Monk (Corporate Broking)
Public & Investor Relations
Tavistock Communications (Financial PR & IR) +44 (0) 20 7920 3150
Simon Hudson
Nick Elwes
Saskia Sizen
BLUE Communications Limited (Marine & Trade PR)
Rhys Thomas +44 (0)7595 227750
Sam Deacon +44 (0)7527 558846
About Quadrise
Quadrise is the supplier of MSAR® and bioMSAR™ emulsion technology, fuels
and biofuels, providing innovative solutions to lower energy costs, pollution
and greenhouse gas emissions today for the global power generation, shipping,
industrial and oil industries.
Learn more at: www.quadrise.com (http://www.quadrise.com/)
Follow us on social media:
LinkedIn: @Quadrise Plc
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