Quadrise and Licella Advance Bio-Oil Production Technology Partnership
Quadrise Petroleum Limited has announced an amended Joint Development Agreement (JDA) with Licella Pty Ltd, an Australian-based technology company.
The agreement is for the development and commercialization of Licella's microalgae-based bio-oil production technology. Quadrise will contribute its expertise in gasification to support the project.
This amended JDA marks a significant step forward for both companies as they work together to bring this innovative technology to market.