Quadrise Fuels International (LSE:QED) has signed an addendum to its Site License and Supply Agreement with Valkor Technologies in Utah, USA. The revision re-phases a $1 million payment to Quadrise and adjusts the delivery schedule for Multifuel Manufacturing Units to match Valkor’s updated oil production plans. The collaboration is designed to leverage Quadrise’s technology to produce low-sulfur fuels and biofuels, expanding Valkor’s reach in the heavy sweet oils market.
Financially, Quadrise faces challenges due to weak performance and valuation pressures, though positive technical indicators and strategic corporate developments offer some balance. The company’s focus on partnerships and sustainable fuel innovation presents future growth potential, yet current financial constraints and limited revenue generation remain significant risks.
About Quadrise Fuels International
Quadrise Fuels International provides MSAR® and bioMSAR™ emulsion technologies, along with fuels and biofuels, aimed at reducing energy costs, pollution, and greenhouse gas emissions. Its solutions serve global power generation, shipping, industrial, and oil sectors, promoting more efficient and sustainable fuel use.
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