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?

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