HydroDec Group (HYR) Has developed technology that allows contaminated oil to be cleaned and re-used. In todays environment this kind of company cannot be overlooked. It already has a fully-functional plant in Australia and another is due to be opened in around 9 months. Tipped in Shares magazine as a 'blue sky' stock. If the company manages to capture 1/2 of the market revenue could be as high as 1 billion.

Anyone holding who's as excited as I am?

Just bought into this share....They already process and clean 3000litres a day of extremely expensive contaminated transformer oil used to insulate electricity transformers. Their new plant will be able to process 20,000 litres a day. The total global reprocessing value of transformer oil, which lasts 25 years, is roughly 2 billion a year.

This share only has one way IMHO .UP!

Edited Press Release 14th February 2005


LONDON (Dow Jones)--The Board of HydroDec Group said Monday that it has committed the sum of GBP1 million to the construction of a new, larger HydroDec plant capable of processing up to 20,000 litres (per day) of speciality oils and/or chlorinated organic wastes as was envisaged in the Company's AIM admission document dated 25 November 2004.

The Company is in the process of finalising the design specifications and anticipates that plant construction will commence in Australia within six weeks, and the overall construction period will be approximately nine months. When fully operational, the new plant will produce a near seven-fold increase in HydroDec's processing capacity.

The Board is currently considering several potential applications for the new plant and will make further announcements as necessary.


(END) Dow Jones Newswires

Good to have you onboard Dynamite. Nice to know someone else has spotted the potential of this one. Great long-term play.

I think the pace will gather as the year goes on and then everyone will be wishing they got in earlier :-)

I have put this on my watch list,i agree the company looks to have a lot of potential.
DB66

anybody got the company website and more information about technology and clients?

Notes on the HydroDec Technology:

HydroDec technology was developed over 12 years by Australias Commonwealth Scientific and Industrial Research Organization (CSIRO). The fundamental key to HydroDecs success is the HydroDec hydrogenation reactor (a patented modification of known oil refining technology). Essentially, dirty feed oil is passed through the HydroDec reactor under controlled conditions, contaminants are destroyed, and a clean feed oil is produced.

The reactor can be used as an oil re-refining system and/or a hazardous waste treatment system to destroy Persistant Organic Pollutants POPS (PCB, DDT, PCP, HCB and dioxins). When used to re-refine transformer oils, the re-refined HydroDec Superfine oil meets as new specifications. When used to destroy POPs, all POPs can be treated and virtually all the POP contaminant is destroyed.

In operation, there are no chlorinated or halogenated products or noxious by products from the process. The primary reactions occur in a closed loop. There are no combustion processes and no potential hazardous emission points from the process. Unlike incineration, the HydroDec process prevents the formation of dioxins or other hazardous by products. Being based upon standard oil refinery hydrotreatment processes and engineering, HydroDecs process parameters are proven, reliable and scalable.

HydroDec Development Corporation Pty Ltd is the holder of a world wide exclusive licence for marketing and distribution of the HydroDecTechnology.

BACKGROUND TO HYDRODEC

HydroDec was incorporated in 2000 as a wholly owned subsidiary of Virotec International Ltd upon the Directors decision to commercialise the HydroDec Technology, which is an oil re-refining process designed to remove harmful contaminants, such as PCBs.

The HydroDec Technology is based on intellectual property comprising protected patents in Australia and certain other jurisdictions, and was developed by the Commonwealth Scientific and Industrial Research Organisation of Australia. HydroDec has entered into an exclusive global licence with CSIRO for the marketing and distribution of the HydroDec Technology.

At the current time, HydroDec operates one small plant in Australia under the Joint Venture Agreement with Oil Treatment Services Pty Ltd.


ABOUT THE HYDRODEC SALE

On 25 November 2004, Virotec announced that the Company had entered into an Agreement for the sale of its HydroDec Technology.

The agreement is conditional on the purchaser, Vert-Eco Group plc ("VRT" London Stock Exchange), receiving shareholder approval for the purchase.

The key aspects of the agreement are:

Consideration of approximately $18 Million (7.0 Million) to be satisfied by:

(a) The issue of 60,000,000 shares in VRT to Virotec at 10 pence per share, (which will represent approximately 38% of the expanded capital of VRT). The shares will be issued upon completion of the Transaction

(b) The payment of $1.26 Million (0.5 Million) in cash to Virotec,and

(c) The payment of $1.26 Million (0.5Million) in cash to Virotec for the monies invested to date in HydroDec technology, which is the current book value of the asset

Following the sale, Vert-eco changed its name to HydroDec Group.

Looks v. interesting - just the sort of scientific IP based product with wide applications to a world that has to change its attitude to the ecosystem.

Why would you choose HYR over its 38% holding original parent VRT, as a matter of interest. Doesn't the wider spread of VRT's operations make a more viable investment, since HYR have only 3,000 lpd capacity for another 9 months till the 20k lpd plant is commissioned - and that only in Oz.

Any prospects known of developing operations in Europe and/or US?

Any news on the amount of royalty payable to CSIRO and in which countries their patent is recognised? What competition are they open to outside Oz?

FT - the only website is still part of VRT's < < www.virotec.com >> - doesn't say much more than Exotoxin's post above.

Did I miss the critical entry point at around 15p in January, or is it still worth it at the now nearly 30p level? Hate to miss that early gain!!

Wish I hadn't come across this one to tempt me - no funds spare really. S'pose I'll have to empty my pockets to find some.

I have this feeling that next week's going to be spent glued to the screen on a number of issues - hope we get time to talk even so.

SD

A recent FT article says "the decision (to invest in the new plant)follows the success of its joint venture in New South Wales.The pioneering plant there uses its patented process to clean 3000 litres of oil a day AND IS BOOKED FOR SEVERAL YEARS"

A recent Durlacher note gave a short term target for Hydrodec as 50p and longer term 102p

Thanks, as always, Di.

Where can one get hold of broker's notes?

SD

Don't know was just looking for the same. Nothing on Durlacher website.
Di

Looking at all this it's a bit confusing as I see it VTI are the parent co now with 38% shares in Hydrodec. VRT bought HYR and changed their name from Vert Eco to Hydrodec. I think this is right. Looking at VTI I think that there is huge potential there too not just the HYR bit but all the other products they have. I am seriously thinking of buying VTI as well. More research needed. Can anyone else add any info?
Di

Di

It is confusinhg - I think you may be suffering from a touch of Vert Ego! Is that French for green with envy - TFC would know!

As I understand it . . .

Vert Eco (a shell listed on AIM in Aug '04 to acquire environmental type companies) bought via a reverse takeover Hydrodec Pty Ltd from Virotec (VTI, a water/environment chemicals diverse outfit in Oz) in return for 500k cash plus 60 million shares = 38% of enlarged Vert Eco cap, plus paid off 500k debt due from Hydrodec to Virotec. Vert Eco simultaneously placed 9 million shares for 1,035,000 cash gross.

Vert Eco changed its name to Hydrodec plc on closing the deal and listing of new shares on AIM 21st December 2004 - having now one operating subsidiary Hydrodec Pty with a single product.

So, Hydrodec plc (HYR) is interesting for its one operation and also for any further similar acquisitions it may make. With only 1m raised at placing, do they ahve enough working capital to grow as fast as they could worldwide - still just limited to Oz albeit with their second plant - must be opportunities in higher density populated areas of the world, Why not expand there too, since technology now proven??

Virotec (VTI listed in Oz and on AIM - like PGS, must visit that one too, Di - so much to buy and so little money!!!) is interesting because it owns 38% of HYR and has several other water/environment businesses up and running. Maybe other businesses are more prosaic and overall business will not have such a high rate of growth. But they do have 38% of our hero company.

Which to buy? Dilemma - which is Greek for the law according to Di - needs to be resolved.

May see you at that bash in April in London. If I go, I'll look out for you.

SD

Well SD..Thanks for the info. It is a bit confusing. I already bought HYR on Friday but I still have plenty of spare cash after taking profits on PDX and NOP.
Plan is to buy more SEO on dips, HYR on dips, GFM on dips and should I buy VTI as well as I don't have any yet. Just been looking on Afdvn postings about an institution who sold lots of HYR recently and bought the same amount in VTI instead. VTI chart looks a bit static to me though. I shall keep an eye on it.

I will definitely be at the Traders day so it will be great to meet you.
Di

Don't know about VTI chart being static - but we may be heading to the top of the 5th wave after which 3 declining waves ?? - so I think plenty of time to wait for it to peak and fall back below where it is now to buy. But since Jul'03 there has certainly been a bit of life in the old SP.

Gotta go - dinner's burning!

SD

Di & Stockdog, hello again, I've been mulling over this one for a few weeks since the bluesky article. At that time put more into topping up SEO so not a bad decision but have just released some funds and looking for the next one.
Can't make my mind up whether to buy or not, principle looks good, application of enviro could also end up being legislation driven? Question is the timescale. Article said first serious profit in 2008. I'll kick myself if I do & it's peeked for now and if I don't and it flys. Difficult one this!

Chart is very similar to SEO's recent progress (but without the 51 year history prior to that) - but with so much recent info on that subject we probably feel we know it better. And several of us are buying more at the 13/14 level - although mostly those who started at the 4p or 8p level on first buy.

Over the long-term, if this share does perform over the next year or so, the recent doubling will seem like a pimple. If it doesn't perform we will have regrets. Do we know who the main holders of stock are and if they've been selling into the rise?

Profitability being so far away and no idea what a litre of re-cycled oil earns gives little clue to the evntual profitability. Not sure where Dynamite got her 2bn annual world market from (not disagreeing, just asking). Also hints but nothing definite about what other applications the same technology has in cleaning industrial waste products - be nice to know there was breadth (PSG e.g. has as many applications as you can think of related situations) as well as depth to its eventual market - then I'd be in like a shot.

It feels sexy to me, but too little info to definitely want to get into bed (if you'll excuse me carrying the analogy to the next logical step). Maybe I'll just watch for a while - that doesn;'t sound too good either does it.

SD

SD.. The 2bn annual market came from the Shares Mag.
Di

Durlacher have done an Initial Coverage Report.

The say Key to HydroDec is the 9 month payback for the enlarged 20,000 litre per day facilities. Therefore, we believe HydroDec will be able to fund its own expansion. We believe the future will see major customers taking licenses to the technology and paying HydroDec a per usage royalty fee.

In short term they set a target price of 50p and an indicative net present value of 156.7m against a current EV of just 33.4m at a price of 23.5p.

So is it a scrreaming buy or not, what happens if any glitches with the new plant??

leslielipert - can you let us know where we can read the Durlacher note - it's still a mystery to me who they are issued to and where one can readily acquire them or even know they exist.

thanks

andysmith - remember the principle, do your own screaming! nearly dived in today, but couldn't resist some more DEMG at what I hope will be the bottom of their recent decline.

SD

This one is screaming at me to buy it but so are many others and I only have so many funds. May have to take profits from elsewhere!!

Andy and SD... HYR has already screamed at me so I bought last week. It is one to hold for a while me thinks.
Di

Di

You'll just have to hold it for us too for a while. Thinking of writing a book on the psychology of what to buy called "The Divided Scream" - catchy, don't you think.

If DOO keeps on going I may have profits to reinvest sooner than I think.

Have now booked in to Trade Day - see you there I hope.

SD

Look forward to it SD
Di

I have had difficulty deciding whether to buy VTI or HYR. Last week I bought HYR but seeing the news on VTI, the orginal owner of Hydrodec and 38% shareholder of HYR, I bought into VTI today as well. Both these companies have a very good future.
Di

Very wise hedge Di - I am sure they are both interesting - hope to join you there soon. I did something similar with BFC and DOO - of course they're not related (yet!)

SD

found a fantastic water cleaning system, very competitive market and no copy protection. am interested in finding out more about the oil filter. what other technology is out there to achieve this? can anybody help?

Di, If you see this before you look at VTI thread, ditto. Need your thoughts, please.

SD

I know Shares mag has tipped this one recently, just wondered if they've had anything to say about VTI in the past?

HYR appears to have bottomed out at 16p last week and has now risen around 10% per day for the past 3 days. This is such a brilliant company that they deserve to have a much higher price. Someone knows something though...the buys are big and so some are coming up as sells because the price has moved up by the time they appear.

lovely two day chart

Chart does'nt look too good,but the sp has gone up a bit in the last two days on no news.I don't think they are worth much until they build more plants.The share has only been around for a few months.However,Fidelity is in,if I'm correct.
A great GREEN share,but the sp has doubled since January so the shorters are around the corner even if the possibilities are great....!!!!It is very difficult at the moment with the small caps and there seems to be an allergy to anything that smacks of engineering.Big brother Virotec seems more resilient.Hard to know what to do with such a young stock.

must be due some news of the new plant,sept i believe,should regain respect, hyr pr is rarther dismal, maybe a website soon

Some news previous but not posted here:

RNS Number:5517V
HydroDec Group plc
13 December 2005
Hydrodec Group plc ("the Company" or "Hydrodec")

The Company provides the following update to the market:

Construction of the previously announced 20,000 litre a day plant continues on
budget and on schedule and will be operational in the first quarter 2006. The
company is targeting a number of power companies in Australia to ensure that
once the plant is operational, Hydrodec will be able to utilise at least half of
its capacity by the end of the third quarter in 2006 and full capacity in 2007.

The Company has also committed to the construction of a new facility, at its
Young site in Australia, that will enable it to treat PCB and non-PCB
contaminated hardware, such as transformers, from the power industry. This
plant is expected to be operational by the end of the second quarter in 2006,
with an initial contract of ca. #100,000 already in place.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

The Guardian 21st Feb 06

Hydrodec Group, which has developed a process to treat contaminated oil, improved 1p to 30.75p amid talk of a refining joint venture in the US.
http://business.guardian.co.uk/story/0,,1714199,00.html

And finally a new contract for Hydrodec ..I haven't seen an RNS about it yet though..

http://tinyurl.com/jek74

Looking very good now :-)

No spare funds!!!!! g'luck with this one, Di.

im in this one from march 05 30p on a small profit now,went up yesterday on some big buy oVer million each,there new factory opening Very soon . would this be a bagger by christmas.

Thanks SD...I just wish I had bought some more last year when it dipped. never mind mustn't be greedy.
Di

Hyr's new plant comes on line in sept. This will increase capacity by 5x I can onlky see this share going up as potential demand for their technology in our polluted world is huge. DYOR etc
Di

HydroDec Group plc
15 March 2006



Hydrodec Group PLC ('the Company')


The Company has been notified that, following acquisitions, Fidelity
International Limited ('FIL') and its direct and indirect subsidiaries now hold
16,667,486 ordinary shares of 0.5p each in the capital of the Company,
representing approximately 9.33% of the Company's issued share capital. The
interests are non-beneficial and include interests held by unit trust schemes in
the UK and, by virtue of his shareholding in FIL, Mr Edward C. Johnson 3d.

Another good rise today from hyr...going from strength to strength recently...I'm 35% in profit at the mo and more to come I think :-)

So where would you guys expect these to be in 3, 6 & 9 months time then?

3 to six months 60ps providing new plant is opperational after that ?

I'm getting a bit nervous here. Has anyone heard anything? I hate it when shares go in the wrong direction!

Profit taking I should think...nothing more. Don't forget the big boys are in HYR now and good news today :

HydroDec Group plc
21 March 2006



Embargoed until 07:30 Tuesday 21 March 2006

HYDRODEC GROUP PLC

GROWING MARKET ACCEPTANCE OF HYDRODEC REFINING

Hydrodec Group plc ('Hydrodec') is pleased to announce a number of recent orders
which demonstrates the growing acceptance of Hydrodec refining technology.

Hydrodec has recently added to its expanding customer base for used oil refining
and Superfine brand transformer oil sales. Recent purchase orders include:

* Treatment and refining of 230,000 litres of low level PCB contaminated
transformer for a South Australian Utility with agreement to re purchase
the refined product as new transformer oil.
* Agreement to supply more than 200,000 litres of oil for refining from SP
AusNet of Victoria.
* Sale of 20,000 litres of Superfine transformer oil for use in
transformer maintenance to a New South Wales Utility, a new Hydrodec
customer.
* Sale of 37,000 litres of Superfine transformer oil to a service company
in Southern Australia for use in high voltage transformer retrofill
work.
* Smaller sales of Superfine to industrial users.

Hydrodec has also used its Superfine transformer oil in the recently purchased
new transformer supplying power to the refining plant at its Young New South
Wales production site.

Chairman John Gunn commented: 'Hydrodec's Superfine brand transformer oil has
gained technical acceptance with an increasing number of the utilities in the
market place, underpinning the Hydrodec model through product oil sales, oil
feedstock sourcing and PCB contaminated oil treatment contracts. Growth in the
customer base of Hydrodec is being assisted by increasing market acknowledgement
of the sustainability benefits, strategic security of supply and economic
competitiveness of Hydrodec's technology and products'.

-Ends-

For further information please contact:-

John Gunn, Chairman, HydroDec Group plc Tel: 020 7236 6236
Nick Fox, M: Communications Tel: 020 7153 1530


About Hydrodec:

Hydrodec was established to commercialise the Hydrodec technology which is an
oil re-refining process designed to remove harmful contaminants such as PCBs.
The Hydrodec technology is based on intellectual property comprising a protected
patent in Australia and certain other jurisdictions developed by the
Commonwealth Scientific and Industrial Research Organisation ('CSIRO') of
Australia. Hydrodec has entered into an exclusive global license with CSIRO for
the marketing and distribution of the Hydrodec technology.

Last year, it committed the sum of 1 million (one million pounds) to the
construction of a new, larger Hydrodec plant capable of processing up to 20,000
litres per day of speciality oils and/or chlorinated organic wastes. The Company
anticipates that the plant will be in operation by Spring 2006. When fully
operational, the new plant will produce a near seven-fold increase in Hydrodec's
processing capacity.

Since June 2004 a 3,000 litre per day Hydrodec plant has been operating in
Australia principally re-refining PCB contaminated transformer oils for
Australian power utilities. The technology has also been used to treat a
variety of other chlorinated organic wastes, commonly referred to as 'Persistent
Organics Pollutant' ('POPs').

Kinda stalled lately. I'd like to see a decent spike soon. Give the MM's something to worry about!

I'm still waiting for that spike! Anyone seen it? It must be around here somewhere!?!

I like the look of this one..good 12/18 month prospect imho

Intend to go in on this v. soon

Bought in today.. small time with a bit of spare cash, will top up when I can. With good news I can see these doubling at least in 6/12mths..(imho &dyor). onwards & upwards!

Welcome aboard Skyhigh...I've had these for over a year...I think HYR is going to be another KMR or GFM both of which took a long time to take off and I was in preopening of their facilities. Now reeping large profits after alot of patience. HYR just needs the same IMHO
Di

Looking good....

HydroDec Group PLC said it has completed delivery of a new 20,000 litre per day refining plant to its production site in Young NSW, Australia.

The connection of the new plant to the site infrastructure and the commissioning of additional auxiliary facilities are complete, it added.

HydroDec, which specialises in the removal of harmful contaminants such as PCBs in oils, said tuning of the plant in production mode and full production trials will start this week and it is anticipated that performance testing will be completed within weeks

Yes Good News Skyhigh...what this share needs is more investors/institutions to take notice of it. The product is a superb one and once full production at the increased capacity or more publicity comres HYR's way it is really gonna fly IMHO...I really cannot see this price for long this year. DYOR
Di :-)

Hi Guy's,

Quiet here! Just a quick note to let you know RHPS, (Red Hot Penny Shares), this month as a buy recommedation with a 12 month target price of 80p.

Rwakely...I'm not surprised...once the new plant comes online in september they will be able to cope with capacity 5x what they can now. It maybe queit here but I for one am sitting here waiting regardless...HYR has big things to come and lots of big new contracts I expect.
Di

rwakeley... thanks for this...I'm still in HYR and it's looking good!
(hope the rhps tip is not the kiss of death ! the're not very good ay tipping lately)

anyone heard anything lately? The website doesn't seem to mention any new news!

nope ! heard nothing! didn't think anything was coming along 'till Sept/Oct..

Pretty bleedin quiet on the SP lately. No trades happening at all. Somebody should buy 1 share just to make people think "what?".

Yes, Grim isn't it ! I guess sooner or later something will happen.

I've just emailed the HYR for some news. I'll post whatever they send me. Providing the new mail sound on their PC was loud enough to wake them up that is!

I said nothing is happening but somebody has just sold 50,000 of the beggers. By my calculations thats nearly 14k's worth. Not major I know, but at least somethings happened today!

This from yesterday's Guardian....Good news on the way apparently

"Dealers said Hydrodec, the oil refining group run by John Gunn, is expected to release an update next week giving some positive news. The shares stand at 28.25p."

Let's hope it's awesomely excellent good news that huge.. otherwise I can only see this going down further... most companies that I have that have issued good news recently have gone down... be nice to have something that goes up !

Good news released this morning....
should have a very positive impact on the SP ?


HydroDec Group plc
08 August 2006




HYDRODEC GROUP PLC


TRANSFORMER OIL SALES AND FEEDSTOCK AGREEMENTS - AUSTRALIA


Hydrodec Group plc ('Hydrodec') is pleased to announce it has secured written
acceptance from a leading Australian transformer manufacturer, and conditional
acceptance from at least one additional transformer manufacturer, along with
major transformer purchasers, for bulk use of its SuperfineTM transformer oil in
new transformers. Bulk supply of Superfine transformer oil to manufacturers
will commence in the immediate future. New bulk supply arrangements have been
underpinned by additional feedstock supply commitments from major utility
companies.


Following commissioning of the new 20,000 litre per day refining facility in NSW
Australia, progressively increasing orders are now expected to ensure market
uptake of at least 50% of the productive capacity of the new refining plant
later in Q3 2006. Achieving 50% sold capacity on the new plant is expected to
generate annualised revenues of up to or greater than 1,800,000 ($AU4,400,000).


Commencement of bulk shipment of product to transformer manufacturers is
scheduled for late August 2006. Increased feedstock supply arrangements
commenced in July 2006.


The above transformer manufacturer commitments evidence the broad acceptance
that Superfine oil has achieved for use in new transformer equipment. Industry
acceptance has followed extensive testing and quality evaluation of Superfine by
utility users of transformer oils, transformer manufacturers and independent
testing laboratories. The completion of quality evaluations by all parties has
resulted in written endorsement of Superfine as compliant with all technical
standards for new mineral transformer oils, by utilities and manufacturers
alike.


New sales supplement ongoing sales to power companies who are using Superfine in
both power transformer and general infrastructure maintenance activities.
Increasing oil sales to utilities is underpinning gradually increasing demand
from some utilities for Hydrodec's field services including voltage transformer
retrofill and on site oil management.


Hydrodec Chairman John Gunn said: 'These major new sales ensure the Australian
operations will move into profitability during Q3 2006. We further expect that
demand for Superfine transformer oil production from the Australian plant will
escalate through late 2006 and into 2007 to achieve sold capacity in excess of
80% of design capacity.


We are now well positioned to utilise the emerging financial strength of the
company along with the internal experience, skills, technical knowledge and
product performance data developed during the past 18 months to accelerate
targeted growth into other international markets'.

Still waiting for a response from HYR. Has anyone heard anything new? We've stalled again.

Don't think there's anything new here but it's encouraging to see articles like this published.... This must start to go up when the the general share buying season gets under way ?

Hydrodec hails transformer deal
Companies: HYR
24/08/2006
Profitability is now in sight claims 'green' oil technology hopeful Hydrodec following a bulk order for its 'Superfine' transformer oil.

AIM-quoted Hydrodec, set up to commercialise Australian technology to remove harmful contaminants in oil refining, says written acceptance from a major transformer manufacturer Down Under and conditional acceptance from another for bulk use of Superfine could ensure a firm market for at least half the capacity of Hydrodec's newly-commissioned refining plant in New South Wales. That, says the company, should generate annual revenues of 1.8 million, underpinned by feedstock supply commitments from major utilities.

John Gunn, the former City tycoon-turned young company backer who chairs Hydrodec, says the company, which lost nearly 6 million last year, will now be 'cash-flow positive next month and profitable in the fourth quarter'. The New South Wales plant is 'on time, and under budget' and should reach 80 per cent capacity by the end of the year and hit its full 20,000-litres-a-day potential by the first quarter of 2007.

He says the contracts 'go on', without a set termination date, and argues that Superfine faces a 'virtuous circle'. It is 'very "green" and self-sustaining': once used or filtered, it can be re-used and re-refined and 'we will refresh it and give it back over the long term.

'We have done the tests', explains Gunn, 'and the product comes up better than new after this process, with even less sulphur second time round'. With a management team boasting senior experience at chemical giants Dow , Du Pont and ICI, he says Hydrodec now intends to build a new plant and is weighing whether to site it in the USA, Japan, Turkey or Germany.

Gunn insists Hydrodec, which ended last year with 3.3 million cash and put a value of 7.3 million on its patented technology, is not looking for joint venture partners. 'We will need no new money until we have to build the new plant', he asserts.

At 28.75p, Hydrodec is a long-term gamble, which could pay off handsomely if present hopes are realised.

Growth Company Investors award-winning team offer outstanding share recommendation performance. Get immediate access to all these recommendations click

Could pay off and will pay off if HYR can continue to grow the business and bring in new orders.

More good news released this morning....

HydroDec Group plc
18 April 2007

HYDRODEC GROUP PLC


SIGNIFICANT NEW APPROVALS FOR HYDRODEC'S SUPERFINE TRANSFORMER OIL

Hydrodec Group plc ('Hydrodec') announces that two Australian power utilities,
the two largest electricity distribution companies in Victoria, have approved
Superfine transformer oil for use in their new transformers. This, together with
the previously announced approval from a major South Australian distribution
utility, means use of Hydrodec's Superfine has been approved by three companies
that operate a large proportion of the electricity distribution system across
Southern Australia.

The combined approvals, when implemented, will represent in excess of 15% of
Hydrodec's Australian production capacity. Sales generated by these approvals
will occur through transformer manufacturers. The increasing take up in
Australia of Hydrodec's Superfine is based upon the superior quality of the oil,
confirmed by independent benchmark testing completed by customers. Testing
against other leading transformer oils shows Superfine oil has superior
oxidation stability, excellent corrosive sulphur characteristics and handling
characteristics that offer reduced operational costs to utilities.

Chairman John Gunn commented 'Superfine continues to gain acceptance as a
superior product within the Australian transformer oil market. The two new
approvals for Superfine use come from Hong Kong owned utilities, and illustrate
the international reach that the technology has. Due to the Hydrodec refining
process, Superfine oil provides security of supply, predictable forward pricing
and carbon savings to the power industry. Combined with the quality of the oil,
Superfine provides commercial, cost and environmental benefits that the market
is rapidly adopting. Negotiations continue with other utilities throughout
Australia and I expect that further sales approvals will be announced shortly.'

SP has risen a little...be interesting to see if the sp stays up and gets firmer or if it slips back as in the past !

Brilliant...HYR really does seem to have a great future and I am happy to have topped up two days ago when it started to move upwards again. I do think that the sort of contracts HYR are getting will create a snowball effect as they are high profile contracts.
Onwards and upwards ;-)
Di

typical.. sp is dropping back as usual...just hope that the newsflow comes so quick and often that it fuels sp on to sustainable highs...!

as usual ! sp slips back..

Apparently tipped in IC today...HYR is a long term hold of mine and I'm looking to double my money eventually.
Di
dyor etc

Same here...

More good news...

HydroDec Group plc
17 May 2007



17 May 2007


HYDRODEC GROUP PLC ('Hydrodec' or 'the Company')


HYDRODEC DETERMINES LOCATION FOR SECOND US PLANT


Hydrodec is pleased to announce that it has located two sites in the city of
Laurel, Mississippi as likely locations for its second USA transformer oil
treatment site. Negotiations are continuing for the incentives that will be
made available to the Company so that it can sign a definitive agreement to be
located in Laurel. It is likely that this period of negotiation will take
approximately 3 months when a final announcement will be made.



Furthermore, the Company is pleased to confirm the announcement by Canton (Ohio)
Regional Chamber of Commerce describing the location of Hydrodec's first US
facility within the Stein Industrial Park in Canton. Hydrodec will benefit from
a range of incentives and grants provided by the state of Ohio and Canton to a
value in excess of $1.5million. It is planned that the plants in the USA will
each have a production capacity in excess of 80,000 litres of Superfine
transformer oil per day and once they are both operating it will represent an
eight fold increase in Hydrodec's existing Superfine production capacity.



John Gunn, Chairman, commented, 'We have been delighted to confirm our
assumptions that the market in the United States was very open to accepting our
superfine product. We have identified a considerable number of utilities and
transformer manufacturers who have expressed sufficient interest for us to
conclude that a second location in the south of the country will be required.
The Company will continue to investigate the market to ascertain its full
potential for this product.'

funny how the sp always slips back again after good news !

img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=HYR&Size=700&Skin=BlackBlue&Type=2&Scale=0&Span=YEAR1&MA=&EMA=&OVER=&IND=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0">

Worked 2nd time around.
Funny how this share always slips back sooner or later after good news... Need a big sensational bit of good news to propel this one skyhigh!

HydroDec Group plc
11 January 2008



HYDRODEC GROUP PLC

FIRST SUPERFINE OIL SHIPMENT TO TURKEY



Hydrodec Group plc ('Hydrodec' or 'the Company') today announces the first
shipment of its Superfine transformer oil to Ceyhan Petrokimya Sanayi ve Ticaret
Ltd Sti ('CPST') in Turkey. The 144,000 litre order will leave the Young, New
South Wales plant for Turkey next week. It is anticipated this is the first of
many such Superfine shipments to CPST. The agreement with CPST is for a minimum
supply of 2,400,000 litres of Superfine transformer oil during the first year of
the agreement.

Chairman John Gunn commented 'This is the first major export order for Superfine
and gives Hydrodec significant exposure to the Turkish transformer oil market.
It also gives our product great international credibility during this crucial
time of our expansion into the US and other countries. I anticipate it will be
the first of many international orders for Superfine.'

tipped by zak mir today

Lastly it is Hydrodec (HYR) which makes the grade in terms of its ascending July 2006 ascending price channel, and the rebound from below the black 200 day moving average post October. The best way of handling the situation now is to keep an eye on former October 2006 resistance at 38p. Above this and even down to the 10 day moving average at 36p on an end of day close basis the upside here could be as great as the top of the 2 year price channel at 53p.

Anyone looking at this? I think most of the 'Sales' are Buys.

Am I still the only one looking at this? Results on the 19th will,I hope,show a return to proffitability IMHO

Came across this video interview when researching about Hydrodec (HYR)
Presenting: Ian Smale, Chief Executive & Chris Ellis, Chief Financial Officer.

http://www.brrmedia.co.uk/event/103859/ian-smale-chief-executive--chris-ellis-chief-financial-officer

I sold out of these in April but I like the look of the new chairman and board and the fact that they have bought lots of shares with their own money. I'm back in!

Hydrodec Management and staff
To end the world's dependence upon finite oil supplies and use existing resources more efficiently seems like a lofty idea, but this was the genesis of Hydrodec. Hydrodec secures and re-manufactures specialty mineral oil products and provides environmentally sustainable petrochemical materials management.

Click the link below to watch

http://www.brrmedia.co.uk/event/105792/hydrodec-management-and-staff

Audio interview with Ian Smale, Chief Executive
Ian Smale, CEO, talk about how the proof of concept in oil research program opens the possibility of an industry-leading approach to general oil re-refining with high recovery rates, competitive operating costs, high quality products and the potential for carbon neutral oil. Ian also talks about its new debt financing and why it is attractive to Hydrodec.
Click the link to listen;
http://www.brrmedia.co.uk/event/107458/ian-smale-chief-executive

My enthusiasm has died a death as prffitability still seems out of reach. I'm out.

er, looks like they make these regularly ... interview on London South East really hope they are back on track and out of the valley of death. Certainly sounds encouraging but I might be a lone wolf in this thread

Audio Webcast: Hydrodec Group HYR - Acquisition of the business and assets of OSS Group Limited

Click here to listen

LISTEN: CEO interview Hydrodec Group (HYR) - Proposed Placing, Open Offer, Repayment of Debt

http://www.brrmedia.co.uk/event/117342/ian-smale-chief-executive

LISTEN: Hydrodec - Successful fund raise and collaboration with Essar Oil in the UK

Click the link to listen to HYR interview

Hydrodec - Australian agreement completes business restructuring at Hydrodec

WATCH

All sounds pretty good, except two things....why are they putting effort into Australia when they are a UK-listed Co. - or is this really an Australian Co that found the home-regulations too onerous, perhaps?
Second, why put effort into USA - well known as the graveyard of UK companies . . . do they think this is effort well placed, esp. when combined with Australia and UK effort..? I just wonder that co's should concentrate on one thing/one place and sort that out.
Then, move further afield . . . . but not until they've solved all manner of tech/political issues . . . . and while other territories won't necessarily be exactly the same, the on-going cash-generation does help, since the Execs can concentrate on one area at a time, in the expectation the other Plant is working satisfactorily.

The current sp is significantly up on the very-recent placing ( at 11.25p ), so I maybe wait until it drops back . . . no point in paying too much and I suspect there may be some Sellers out there, wanting their gains realised.

Anyone else who's bought at current levels . . . . say otherwise...?

LISTEN: Ian Smale, CEO of Hydrodec, talks about the fiery operational incident at Canton on 1st December

Click here to listen

LISTEN: Hydrodec Group (HYR) - Update on activity at Canton re-fining facility

Click here

WATCH: Hydrodec (HYR) - Trading update

CLICK HERE TO WATCH VIDEO INTERVIEW

LISTEN: Ian Smale, CEO of Hydrodec, discusses the recent American Carbon Registry approval

Click here to listen

WATCH: Ian Smale, Chief Executive of Hydrodec, discusses the insurance payment relating to the incident in Canton in Dec 2013

Click here to watch

LISTEN: Hydrodec Group (HYR) - Provisional patent application

Click here to listen

SMALL CAP SHARE IDEAS: Hydrodec transforming into profitable business as carbon recovery takes off

By Ian Lyall, Proactive Investors

Published: 13:51, 14 April 2014 | Updated: 17:25, 14 April 2014


Followers of the Hydrodec story since its listing on AIM a decade ago will have noticed a significant increase in the pace of progress since the appointment of Ian Smale in January 2012.

For those unfamiliar with the business, it has a ground-breaking refining technology that turns used oil found in transformers into a product of outstanding purity.


The struggle has been to translate this promise into tangible investor returns – or, at the very least, cash flow and profits.





Holy grail: Hydrodec hopes to one day produce high grade car engine oil



Under Smale and his team this corner seems to have been rounded.


Hyderodec is on the cusp of profitability and thanks to a £24million placing and open offer, it is also debt-free, removing a huge millstone from around the neck of the business. It even has 'cash to fund our immediate growth', reveals Smale.


Meanwhile, the £4.65million acquisition of OSS Group takes the group from a specialist transformer oil refiner into the much broader used oil market.


Getting its hands on feedstock for its US operation, where it owns the Canton refinery, was behind its strategic partnership in the US with G&S Technologies last year.


The New Jersey-based electricity transformer recovery group has a 50-year track record of working with the industrial and utility sector stateside.


The fly in the ointment was the fire at Canton late last year, which has wiped out production.



Smale says the group is well insured, not just for replacing and repairing the plant, but for costs of this interruption to business, and he is confident Hydrodec will emerge from the setback financially unimpaired.


The award of an interim $2million payment in February would appear to validate this assertion.


The firm’s technology, born from work carried out by Australia’s Commonwealth Scientific and Industrial Research Organisation, delivers 99 per cent recoveries from transformer oil, creating a product that can’t be distinguished from new oil.


'In fact, it meets all the international standards for new oil,' Smale says. This fact will provide a significant boost when it comes to pricing the recycled substance.


The process has also been approved by the American Carbon Registry as carbon saving and capable of generating carbon credits that can be sold on the voluntary market; however, it is still too early to say just how much they might be worth.


Approval of qualification for carbon credits would achieve a personal landmark for Smale, who spent 30 years at the oil giant BP.


'One of the incentives to join the company after so long with BP was being able to say we are the first oil company on the planet selling oil with a carbon credit. We are very close to that,' explains the Hydrodec CEO.


As the company heads towards profitability, the OSS acquisition takes Hydrodec on to a different level where it will look to deploy the technology on all manner of used oil.



HHYDRODEC AT A GLANCE



AIM ticker: HYR

Value: £90million


Current price: 12p


Year high: 15.27p


Low: 8p
.
Okay, the recoveries are unlikely to be as impressive as the ones seen for transformer oil, but Hydrodec has already proved it can produce a 'very good' Group Two oil at better rates of efficiency and quality than the current recycling projects.


These range from processed fuel oil, which is sold as an accelerant for coal fired power stations, ceramics and cement plants, to lubricants found in hydraulics.


The Holy Grail for Hydrodec would be creating a Group Three oil of a standard used in Castrol and Mobil products sold on most petrol forecourts.


It would also be the first Group Three oil produced outside of the Middle East or Asia.
Hydrodec’s tie up with the Indian conglomerate Essar, which owns the former Shell refinery in Stanlow, Cheshire, could be the key to cracking this market, Smale reveals.


'It is a huge site with a lot of space for additional development,' says the Hydrodec boss.


'It has the infrastructure we would need, such as tankage, loading and unloading, lubricant testing labs and hydrogen, which is core to our process.


'Most significantly, it has 100 years of operating experience with an area of real expertise.


'What it brings is the opportunity to accelerate deployment.'


Before the incident at Canton the company’s broker Peel Hunt reckoned the group would post sales of $84.4million this year, delivering EBITDA of $7.4million, rising to $127million and $19.3million respectively in 2015.


'We are taking the technology and the existing business in transformer oil and expanding into a much more sustainable proposition in all used oil,' says Smale.


'We should have a far more financially robust and bigger business as a result.'

Hydrodec Group (HYR) - Lubricant oils provisional patent application

Click here

HydroDec directors add 4.36m shares, stock value jumps

Tue, 10 June 2014


A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday.

The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier.

The largest deal was made by Andrew Black, a non-executive director, who acquired 1.91m shares, taking his stake to 178.05m, equal to an interest of 23.85%.

Chief Executive Ian Smale added 454,545, more than doubling his stake to 928,014, while Chief Financial Officer acquired the same amount, taking his holding to 1.35m.

The news prompted the value of the shares to jump around 8%.


Top Director Buys

HydroDec Group (HYR)

Director Deals - Hydrodec boosted by management purchases

By Giles Gwinnett

June 14 2014, 10:02am
Chief executive Ian Smale and chairman and former Tory sports minister Lord Moynihan spent £50,000 each to boost their respective stakes in the business



Shares in oil recycling specialist Hydrodec (LON:HYR) have been given a lift by the share purchases made by management.

Led by Andrew ‘Bert’ Black, the gambling entrepreneur who owns 23% of the company, five directors waded in to purchase stock.

They each paid 11p a share, with Black acquiring £210,000-worth.

Chief executive Ian Smale and chairman and former Tory sports minister Lord Moynihan spent £50,000 each to boost their respective stakes in the business.

In the last five trading days, the share price has risen almost 15%.

Hydrodec has a ground-breaking refining technology that turns used oil found in transformers into a product of outstanding purity.

The struggle has been to transform this promise into tangible investor returns – or, at the very least, cash flow and profits.

Under Smale and his team this corner seems to have been rounded.

The company is on the cusp of profitability and thanks to a £24mln placing and open offer, it is also debt-free, removing a huge millstone from around the neck of the business.

Meanwhile, the £4.65mln acquisition of OSS Group has taken the group from a specialist transformer oil refiner into the much broader used oil market.

10/06/2014 BUY Gillian Leates NED 90,909
10/06/2014 BUY Mark McNamara RES 90,909
10/06/2014 BUY Andrew Black NED 1,909,091
10/06/2014 BUY Ian Smale CEO 454,545
10/06/2014 BUY Alan Carruthers NED 454,545

Hydrodec Group - Trading update

Click here

Hydrodec - First oil sales from Bomen, Australia; Canton on schedule for first oil

click here

Find the last production update by the CEO: click here

Hydrodec Group plc - Interim Results 2015 - listen here.