Hydrodec Group posts Canton re-refinery update

Hydrodec Group plc, the cleantech industrial oil re-refining group, has announced that the transformer oil produced from its Canton re-refinery has achieved '500 hr' oil status, certifying the oil to be high quality transformer oil and a prerequisite to accessing the larger power transformer market. With all six trains at Canton now in service, the company is also pleased to confirm the achievement of an all-time daily production record from the Canton plant of over 94 000 l, with all six trains operative at the end of December 2015. The Canton plant produced 10.5 million l of processed oil in 2015 in line with previously stated projections.

Chris Ellis, Acting Chief Executive, commented: "Achieving '500 hr' oil status and these levels of production at the Canton plant are significant milestones and provide a solid base from which to deliver our 2016 production and sales targets for transformer oil into the US market. This is the first step in management's focus across the Group on execution, delivering improved operational performance and efficiencies and driving the company to a profitable 2016."

Adapted from press release by Rosalie Starling

Read the article online at: https://www.hydrocarbonengineering.com/refining/07012016/hydrodec-group-canton-update-2078/