| Market cap (m) | £60.1 |
| Enterprise value (m) | £54.4 |
Quadrise PLC is the supplier of MSAR and bioMSAR emulsion technology, fuels, and biofuels, providing solutions to reduce energy costs, pollution, and greenhouse gas emissions for power generation, shipping, industrial, and oil industries. It has a single business segment, which is to produce emulsion fuel (or supply the associated technology to third parties) as a low-cost substitute for conventional heavy fuel oil (HFO) for use in power generation plants and industrial and marine diesel engines. Geographically, the company operates in the United Kingdom.
Quadrise said 2025 progress was slower than expected but outlined a clearer path to commercialisation. It cited the IMO decision to defer a mandatory net-zero shipping framework until October 2026. Following a November 2024 agreement with MSC and Cargill, finalising remaining trial agreements has been delayed; negotiations continue.
Quadrise and Valkor amended a 2023 site licence and supply deal, revising the payment timetable with instalments due by end-March and end-June. In Panama, testing of MSAR and bioMSAR reported improved efficiency and emissions reductions, validating performance. In Morocco, Quadrise and OCP are seeking OEM approval for a commercial trial or alternative sites. The company began the SEASTARS EU Horizon project and reported progress on new biofuels and renewable feedstocks.