Hydrodec Group plc

Hydrodec Group plc

Hydrodec was born out of an eight year industrial research and development program implemented by Australia's Commonwealth Scientific Industrial Research Organization (CSIRO) and the Australian power industry. CSIRO is Australia's government backed and leading industrial technology research and development organisation. Initial research was directed at the development of advanced refining technology for use with used electrical insulating oils. The research and development program was so successful that it produced a new refining process with application across the petrochemical and oil refining industries.

The technology was patented and in 2001, was rolled into a commercial licence held by Hydrodec Development Corporation (HDC). Hydrodec Development Corporation was formed with global rights to commercialise the technology and know how behind the technology. The company was initially established using venture capital funding from Virotec International, an Australian environmental technology company. A first demonstration refining facility commenced construction in 2002. Successful start up of the demonstration facility accelerated the growth of Hydrodec ultimately resulting in the formation of Hydrodec Group plc, a company listed on the AIM in the London Stock Exchange in late 2004.

Contact Details

Office Address

Hydrodec Group plc
80 Cannon St.
6th Fl.
London, UK EC4N 6HL
Phone: +44-20-7621-5770
Fax: +44-20-7621-5771

Executives

Chairman

John Gunn

CEO and Director

Mark McNamara

Business Reviews for Hydrodec Group plc

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