HydroDec progresses with refinancing, agrees possible joint venture
1st Oct 2020 12:39
(Sharecast News) - Oil re-refining company HydroDec Group updated the market on its trading on Thursday, reporting progress on its refinancing package.
Read moreHydrodec still working on funding deal amid tough market conditions
19th May 2020 15:47
(Sharecast News) - Industrial oil re-refining company Hydrodec Group updated the market on its ongoing trading on Tuesday, reporting that the current conditions were "unprecedented", and provided additional challenges to those it had already outlined in February.
Read moreHydroDec facility still operating as Ohio locks down
24th Mar 2020 15:42
(Sharecast News) - Oil re-refining company HydroDec Group told shareholders on Tuesday that, following a legal 'stay at home' order issued in the state of Ohio, its facility in was still operating as it was currently considered to be covered by the exclusions defined by 'essential infrastructure' under the terms of the state government's order.
Read moreHydroDec shares plunge as it reports on 'challenging' year
14th Feb 2020 09:01
(Sharecast News) - Industrial oil re-refining company HydroDec Group updated the market on its trading for 2019 on Friday, reporting a fall in revenue to approximately $11.6m, from $14.9m, which the board said was impacted by working capital constraints.
Read moreHydroDec continues to mull financing options
24th Dec 2019 11:07
(Sharecast News) - HydroDec updated the market on its financing on Tuesday, reporting that since its interim results, its board had continued to explore various options as part of its turnaround programme.
Read moreHydroDec revenues improve despite feedstock constraints
29th Mar 2019 15:57
(Sharecast News) - Industrial oil re-refining group outfit HydroDec saw revenues increase in 2018 despite sales of its premium quality transformer and base oils slipping as a result of feedstock constraints.
Read moreHydrodec takes operational control of North American ops
28th Dec 2018 08:50
(Sharecast News) - Cleantech industrial oil re-refining group Hydrodec said on Friday that it has taken operational control of its North American operations.
Read moreHydrodec plans £10m placing to boost US operations
8th Oct 2018 16:30
(Sharecast News) - Hydrodec's shares plummeted by 40% on Monday as the company announced its intention to raise £10m to fund its new business plans following a strategic review.
Read moreHydroDec's gross profit increase offset by ailing Australian operations
10th Sep 2018 10:18
(Sharecast News) - Specialist re-refiner of industrial oils HydroDec on Monday reported an increase in first-half losses after deciding to scrap its costly Australian operations.
Read moreHydrodec granted European patent
22nd Aug 2018 14:47
(Sharecast News) - Industrial oil re-refining company Hydrodec Group announced on Wednesday that the European Patent Office has granted it a patent.
Read moreHydrodec sales hit record in October
12th Dec 2016 12:14
(ShareCast News) - Hydrodec, an AIM listed clean-tech oil re-refining group, has delivered record sales of re-refined oil from Canton in October for over 2.8m litres, exceeding daily production records on two separate days in the month. The group reported positive earnings before interest, tax, depr
Read moreG&S Technologies increases stake in Hydrodec's US operation for $1.7m
17th Oct 2016 10:58
(ShareCast News) - Transformer recovery company G&S Technologies Group bought a further stake in Hydrodec's US operation, which provides waste oil and workshop waste services, for $1.7m. G&S is to pay $1.37m of feedstock in raw material and $330,000 in cash for an additional 12.45% stake in Hydrodec
Read moreHydrodec's first half revenue rises due to new US plant
16th Sep 2016 15:22
(ShareCast News) - Clean-tech industrial oil re-refining company Hydrodec's half year revenues rose, boosted by a new plant opening in the US. For the six months ended 30 June, revenues from the continuing core re-refining business increased by 148% to $8.1m, compared to the same period last year
Read moreHydrodec becomes first re-refining oil producer to receive carbon credits
8th Sep 2016 14:54
(ShareCast News) - Hydrodec, a specialist re-refiner of industrial oils, has received approval from the American Carbon Registry (ACR) to receive carbon credits for its oil. Typically, carbon credits permits assigned to a firm allow it to produce a certain amount of emissions which can then be trade
Read moreHydrodec Group clinches transformative five-year contract with Essential Energy
18th Aug 2016 16:44
(ShareCast News) - Hydrodec's Australian unit clinched a five-year exclusive contract to supply a major utility group Down Under with new inhibted transformer and switchgear oil. The start date for the contract with Essential Energy was September 2016. Under the terms agreed Hydrodex would collect
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