Quadrise rises after announcing Nexidea tie-up
Quadrise Fuels International, a manufacturer and supplier of MSAR emulsion fuels, a low cost alternative to heavy fuel oil, has announced a tie up with consulting firm Nexidea.
Quadrise Fuels International, a manufacturer and supplier of MSAR emulsion fuels, a low cost alternative to heavy fuel oil, has announced a tie up with consulting firm Nexidea.
Nexidea specialises in the technical, commercial, and economic aspects of the downstream oil and power generation industries, or, in other words: refining, distribution and marketing.
Quadrise is hoping to leverage Nexidea's position as an adviser to several major corporations operating in Central and South America on refinery design.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The firms have selected two initial prospects to be progressed jointly which have the potential to use Quadrise's emulsion fuel product.
Commenting on these developments, Ian Williams, Chairman of Quadrise Fuels, said: "Nexidea have a wealth of relationships and a thorough understanding of emulsion fuel prospects in the region. We are delighted to be working with them on these promising opportunities."
By 9:54 Quadrise's stock had risen 12%.
BS
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Six investment funds for beginners
Beginner investors can use funds to start building their portfolio, making it easy to access global trends while managing their risk level. Here’s six funds that beginner investors can consider.
-
Farming isn't for the faint-hearted – and isn't profitable
Opinion Farming may look appealing, but turning a profit is extremely hard. No wonder many farmers are attracted to the Sustainable Farming Incentive, says Max King