Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Edison Investment Research

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Hydrodec Group PLC updates on activity at Canton

Monday, 16 Dec 2013 02:00am EST 

Hydrodec Group PLC:Says following a site visit and report to the Board from the Chief Executive, the company can report that its Canton, Ohio re-refining facility is safe, and has restored operational capability in order to receive and dispatch oil to support and retain the existing supply chain.Says the company has been working closely with all relevant authorities and stakeholders to assess properly the cause and extent of damage to the plant.Says current activity both at the site and at Hydrodec's headquarters is focused on recovery and/or repair of damaged production units or their replacement.Says the Board is able to reconfirm the commitment from the company to implement a 50 per cent uplift in pre-incident capacity at Canton by the end of 2014 as originally planned.Says the Board has reviewed and is comfortable with its insurance cover relating to damage and business interruption and senior management continue to work closely with both Hydrodec's insurance broker and insurance provider regarding the investigation and claim process. 

Company Quote

0.0 +0.00%
3:02am EST