Oxford Catalyst claims things have never been better

Oxford Catalysts, which develops technology for the production of synthetic fuels, claims market conditions for distributed scale synthetic fuels production are better than at any other time in the firm's experience.

The statement has seen the stock gain 5% in morning trading.

The company says it is continuing to look at possible partnerships with major corporations for its technology.

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It has already sold five so called "Fischer-Tropsch reactors" which convert natural gas, coal or bio-mass into high-performance liquid fuels.

Those orders are described as a "precursor to widespread adoption".

The company's Chief Executive, Roy Lipski, claimed "the group's had another successful year and continues to make good progress towards commercialisation with existing, new and potential partners."

BS