Result of AGM and Director Ch

RNS Number : 4149D

Quadrise Fuels International PLC

15 September 2008

 



15 September 2008

Quadrise Fuels International plc

Quadrise Fuels International plc ('QFI' or 'the Company'), the producer of emulsion fuel as a low cost substitute for heavy fuel oil for use in power generation plants and industrial diesel engines, advises that at its Annual General Meeting held on Friday, 12 September 2008, all resolutions were duly passed.

As announced on 15 August 2008, Anthony Lowrie did not offer himself for re-election as a director of the Company and, therefore, ceased to be a director of QFI with effect from 12 September 2008.

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For additional information, please contact:

Quadrise Fuels International                                                                                  [phone]

Bill Howe                    

Smith & Williamson Corporate Finance Limited                                                    [phone]

Azhic Basirov / Siobhan Sergeant

Capital MS&L                                                                                                         [phone]

Penny Freer

James Madsen

www.quadrisefuels.com/

Notes to Editors

Quadrise Fuels International plc ('QFI') produces an emulsion fuel as a low cost substitute for conventional heavy fuel oil ('HFO') for use in power generation plants and industrial diesel engines.

In manufacturing its fuels, QFI uses the least valuable elements of the oil barrel, thus providing a lower cost liquid fuel product which is also competitive with natural gas.

The emulsion fuel product, termed MSAR® (Multiphase Superfine Atomised Residue), has superior combustion characteristics to conventional heavy fuel oil, achieving complete carbon burn-out and producing lower NOx emissions.

Oil refiners applying the technology enjoy enhanced value realisation for their least valuable residues and the potential to avoid very heavy capital expenditure on heavy oil upgrading facilities. 

 

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