Quadrise Fuels International said installations for fuel production are 'essentially' complete with regards to its planned combusation boiler trial project in the Kingdom of Saudi Arabia.
A third party engineering study for the boiler consumption phase has been deliverd to the client, it added.
'Given the scale of the boiler trial, there is an extensive fuel production phase and this remains on track to commence in Q1 2018, with associated bulk MSAR storage and shipping to the trial boiler to enable the combustion phase to be completed during the second half of 2018,' commented Quadrise.
'The trial will commence once all the agreements are finalised, which is now anticipated to be early in calendar year 2018.'
At 9:43am: (LON:QFI) Quadrise Fuels International PLC share price was -0.12p at 13.63p