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?

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.

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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