chad
- 03 Feb 2005 21:10
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?
ethel
- 23 May 2005 22:07
- 33 of 112
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.
onone
- 06 Jul 2005 21:55
- 34 of 112
must be due some news of the new plant,sept i believe,should regain respect, hyr pr is rarther dismal, maybe a website soon
stockdog
- 02 Mar 2006 09:30
- 38 of 112
No spare funds!!!!! g'luck with this one, Di.
cellby
- 02 Mar 2006 09:46
- 39 of 112
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.
rhino213
- 16 Mar 2006 12:45
- 44 of 112
So where would you guys expect these to be in 3, 6 & 9 months time then?
onone
- 18 Mar 2006 17:45
- 45 of 112
3 to six months 60ps providing new plant is opperational after that ?
rhino213
- 21 Mar 2006 14:26
- 46 of 112
I'm getting a bit nervous here. Has anyone heard anything? I hate it when shares go in the wrong direction!
Dynamite
- 21 Mar 2006 15:56
- 47 of 112
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').
rhino213
- 29 Mar 2006 20:10
- 48 of 112
Kinda stalled lately. I'd like to see a decent spike soon. Give the MM's something to worry about!
rhino213
- 06 Apr 2006 19:48
- 49 of 112
I'm still waiting for that spike! Anyone seen it? It must be around here somewhere!?!
skyhigh
- 06 Apr 2006 23:09
- 50 of 112
I like the look of this one..good 12/18 month prospect imho
Intend to go in on this v. soon
skyhigh
- 07 Apr 2006 12:10
- 51 of 112
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!