Quadrise PLC has announced a joint development agreement with BTG Bioliquids BV to use fast pyrolysis bio-oil technolgy as a cost-effective and renewable fuel source in its bioMSAR solution, reports LSE.
Biofuels deal
Quadrise is a London-based innovator and licensor of residual oil technology, which produces a synthetic heavy fuel oil called MSAR. BTG Bioliquids is an Enschede, Netherlands-based fast pyrolysis technology provider.
Under the agreement, Quadrise and BTG Bioliquids will collaborate on a research programme to generate bioMSAR emulsions using BTG Bioliquids’s FPBO technology. Successful formulations will be generated at Quadrise’s research facility and will be progressed to diesel engine tests over the next 12 months.
Quadrise said there is a potential for third-party testing for marine use to take place, which would accelerate the development of bioMSAR Zero.
FPBO is a homogenous energy carrier made from agricultural and forestry residues and is used as a substitute for fossil fuels.
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Source: LSE
