Quadrise Fuels Extends Contracts with AkzoNobel
September 14 2016 - 2:57AM
Dow Jones News
LONDON--Quadrise Fuels International PLC (QFI.LN) said Wednesday
it has extended two contracts with AkzoNobel group companies for
the exclusive purchase and supply of goods and services, and for
the continued exclusive joint development of emulsion fuels.
These contracts, originally signed in November 2013, replaced
the original Alliance Agreement between Quadrise and AkzoNobel that
was entered into in 2004.
Quadrise Fuels is a supplier of emulsion technology and fuel,
enabling a low cost alternative to heavy fuel oil for the global
shipping, refining and power generation industries.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
September 14, 2016 02:42 ET (06:42 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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