15th Aug 2008 13:08
15 August 2008
Quadrise Fuels International plc ("the Company")
The Company has today posted to its shareholders the notice of its annual general meeting, which is to be held on 12 September, and a copy of the notice is available on the Company's website.
The notice includes the information that Anthony Lowrie, the director due to retire by rotation at the meeting, will not be seeking re-election. The board of the Company thanks Mr Lowrie for his positive contribution to the the affairs of the Company.
ends
For additional information, please contact:
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Quadrise Fuels International
Bill Howe
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+44 (0) 772 537 2841
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Smith & Williamson Corporate Finance Limited
Azhic Basirov
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+44 (0)20 7131 4000
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Capital MS&L
Penny Freer
James Madsen
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+44 (0) 20 7307 5330
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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.
Related Shares:
QFI.L