Creating value from the bottom of the crude oil barrel has typically been achieved through large, complex, capital intensive solutions.
Quadrise has developed an innovative and disruptive technology solution, Multiphase Superfine Atomised Residue (“MSAR®”), which through the application of existing technology, novel chemistry and unparalleled application experience, has created an enhanced emulsified synthetic heavy fuel oil (“HFO”) for marine bunker, power and industrial applications. Novel chemistry and IP is supplied by our technology partner, Nouryon.
Key members of the experienced Quadrise team were instrumental in the commercialisation of Orimulsion®, an oil-in-water emulsion fuel manufactured in Venezuela using indigenous bitumen. This established a proven market for emulsion fuels for power generation applications, with over 60 million tons consumed worldwide.
MSAR® technology enables refiners to generate higher value from the bottom of the barrel through the use of proprietary, non-polluting, modular blending systems that can be installed in under 12 months. It enables viscous refinery residues to be mixed with small amounts of specialist chemicals and water to create an emulsified HFO – freeing up valuable distillates, that are otherwise downgraded by their use as diluents to produce conventional HFO from residues, significantly improving refinery yields.
Quadrise is a technology licensor and integrator, responsible for developing bespoke MSAR® solutions for refinery residual oils at its RDI facility in the UK, and project managing MSAR® conversion projects at major refineries, marine vessels and power plants from feasibility studies through to commercial fuel production and consumption.
Quadrise has a unique management team with the necessary depth and breadth of skills needed to commercialise MSAR® technology.
The management team has, collectively, over 70 years’ experience in commercial emulsion fuels supply having been instrumental in the Orimulsion business with BP and PDVSA, where over 60 million tons were sold globally. The team has been expanded to include experts from refining, power, trading and engineering backgrounds. This experience has enabled Quadrise to hone the current MSAR® technology.
The executive directors also bring significant financial and capital markets experience to Quadrise that is essential to the successful execution of our strategy.
Quadrise is experienced in managing each phase of an MSAR® project; from initial scoping, to commercial installation, operations, optimisation and quality control. This requires a unique understanding of refinery process operations, logistics and end-use applications by marine, power and industrial consumers.