Our underlying technology and IP are underpinned by our long term relationship with Nouryon (formerly AkzoNobel), one of the world's leading specialty chemicals companies.


Our mission is to be the world's leading oil-in-water emulsion fuels company, providing best available technology, services and MSAR® synthetic fuel oil products for our customers and partners.

Our strategy is to work with leading companies in the refining, shipping, power generation and trading markets to develop, simultaneously, the capacity to produce, trade and consume MSAR® fuel on a commercial scale.

By commercialising MSAR® we expect to earn a fair return for our shareholders that reflects the value we deliver to our customers and partners.

We currently supply two lower-cost synthetic fuel solutions:

  • Marine MSAR® - developed by Quadrise and extensively tested with major shipping and diesel OEM companies for use in 2-stroke and 4-stroke diesel engines.
  • Power MSAR® - for use in stationary applications such as boilers and kilns, with extensive experience through the commercial use of 60 million tons of Orimulsion. 

Our products are designed to be highly stable, fungible from various sources (avoiding normal fuel oil blending issues) and as environmentally benign as possible.