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?

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!