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Monday, May 11, 2015   VOLUME 11 ISSUE 19  
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Hydrodec Makes First Commercial Oil Sale From Australian Plant

Hydrodec Group plc, the cleantech industrial oil re-refining group, has confirmed that it has made its first commercial oil sale from its Australian plant now re-located to Southern Oil’s Bomen facility in Wagga Wagga. The re-located plant is fully commissioned, and the tolling arrangement with Southern Oil has commenced. The plant will not only benefit from operating efficiencies under a single operating structure, but also offer better logistics and other location advantages.

Hydrodec also confirmed that commissioning of the rebuilt and expanded plant in Canton, Ohio remains on schedule for first oil in May, a sequential startup of all six processing trains during the month and first commercial sales expected before the month end as previously advised.

Commenting on the commercial milestone, Ian Smale, Chief Executive of Hydrodec said: “Re-starting operations in Australia through Southern Oil is a significant milestone for the Australian business and an important step forward in delivering the Hydrodec strategy. The move will create a more resilient
commercial platform for Hydrodec in Australia as well as benefit from a constructive relationship with our new operating partner. We now look forward to start up in Canton to complete the repositioning of our transformer oil business.”

In an earlier, January 19, 2015, press release, Hydrodec stated: Progress on the Canton plant rebuild and expansion project continues and remains on target to start commissioning and operations by the end of Q1 2015. The capacity of the new plant at Canton will be more than 50% greater than before the incident, safer and easier to maintain, with significant unit efficiencies and only a marginal increase in headcount.

In that same press release, Hydrodec stated: The relocation of operations to the Southern Oil re-refinery remains on track to take place during Q1 2015, which should deliver significant operational efficiencies.


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