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.
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.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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
-
Lifetime ISA reform: Retirement option could be scrapped in overhaulA consultation on a product replacing the Lifetime ISA is set to be launched this year, and the option to use it to save for retirement is expected to be axed in the shake-up
-
HMRC stamp duty crackdown sees probes of property deals jump 88% – what to watch out forFrom bogus stamp duty refund claims to misleading the taxman about who owns a property, HMRC is increasing its scrutiny of stamp duty land tax reporting. Here’s how.
