Our mission is to be the world’s leading oil-in-water emulsion fuels company, providing best available technology, solutions, services and MSAR® synthetic fuel oil products for our major, market-leading customers.
Our strategy is to work with leading global companies in the refining, shipping and power-generation markets to develop, simultaneously, the capacity to both produce and consume MSAR® emulsion fuels on a commercial scale.
In turn we expect to earn a fair return for our shareholders that reflects the value we deliver to our customers and commercial partners.
Our underlying technology and IP is underpinned by our long term relationship with AkzoNobel, one of the world's leading specialty chemicals companies.
The global HFO market exceeds 450 million tonnes annually, of which approximately half is used in marine applications, as bunker fuel oil, one quarter is for power generation and the remainder is for industrial applications.