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Oxford Cat. Share News (OCG)
Share News for Oxford Cat. (OCG)
| Share Price: 143.00 | Bid: 141.00 | Ask: 142.75 | Change: 0.00 (0.00%) |  | ||||||
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UPDATE 1-Oxford Catalysts sees growth in synthetic fuels market
Thu, 20th Jan 2011 08:42
* Sees commercial sales boosting 2011 results
* Says evaluating new sales opportunitie
* Warns 2010 rev could be below 2009 levels
* Shares up 3.65 pct
(Adds details)
Jan 20 (Reuters) - British clean-fuel company Oxford Catalysts Group Plc said its results for 2011 would get a boost from improving market conditions for the production of smaller scale synthetic fuels.
Given the favourable conditions, the company said it was evaluating new partnership and sales opportunities and expected to conclude negotiations on a number of these during 2011.
Oxford Catalysts currently has partnerships with Thailand's top energy firm PTT and Portugese firm SGC Energia.
'The board expects that commercial sales will start having a material impact on income during the course of 2011,' Oxford Catalysts said in a statement, but warned 2010 revenue would be slightly below 2009 levels.
Shares of the company were up 3.65 percent at 71 pence at 0817 GMT on Thursday on the London Stock Exchange.
(Reporting by Adveith Nair in Bangalore; Editing by Roshni Menon) Keywords: OXFORDCATALYSTS/
(adveith.nair@thomsonreuters.com; +91 4135 5800; Reuters Messaging: adveith.nair.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2011. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Sees commercial sales boosting 2011 results
* Says evaluating new sales opportunitie
s
* Warns 2010 rev could be below 2009 levels
* Shares up 3.65 pct
(Adds details)
Jan 20 (Reuters) - British clean-fuel company Oxford Catalysts Group Plc said its results for 2011 would get a boost from improving market conditions for the production of smaller scale synthetic fuels.
Given the favourable conditions, the company said it was evaluating new partnership and sales opportunities and expected to conclude negotiations on a number of these during 2011.
Oxford Catalysts currently has partnerships with Thailand's top energy firm PTT and Portugese firm SGC Energia.
'The board expects that commercial sales will start having a material impact on income during the course of 2011,' Oxford Catalysts said in a statement, but warned 2010 revenue would be slightly below 2009 levels.
Shares of the company were up 3.65 percent at 71 pence at 0817 GMT on Thursday on the London Stock Exchange.
(Reporting by Adveith Nair in Bangalore; Editing by Roshni Menon) Keywords: OXFORDCATALYSTS/
(adveith.nair@thomsonreuters.com; +91 4135 5800; Reuters Messaging: adveith.nair.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2011. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
RESEARCH ALERT-Oxford Catalysts : Numis starts with buy
Nov 1 (Reuters) - Oxford Catalysts: * Numis starts with buy For a summary of rating actions and price target changes on European comp[1 Nov '12]
RESEARCH ALERT-Peel Hunt raises Oxford Catalysts to buy
Sept 7 (Reuters) - Oxford Catalysts Group PLC: * Peel Hunt raises Oxford Catalysts to buy from sell * Peel Hunt raises Oxford Catalyst[7 Sep '12]
BRIEF-Oxford Catalysts into next phase of GTL engineering study
LONDON, Feb 14 (Reuters) - Oxford Catalysts Group PLC: * Successfully progressed to next phase of an engineering study for a 15,000[14 Feb '12]
BRIEF-Oxford Catalysts in talks over reactor sale
LONDON, Dec 15 (Reuters) - Oxford Catalysts Group PLC: * Is in negotiations with an energy company for the sale of a single fischer-[15 Dec '11]
BRIEF-Oxford Catalysts gets commercial order for two FT units
LONDON, July 18 (Reuters) - Oxford Catalysts Group PLC: * Commercial order for two FT units ((London Equities Newsroom; +44 20 7542 7[18 Jul '11]
UPDATE 1-Oxford Catalysts loss widens, revenue down
* Sales down 11 percent * To focus on existing partnerships in 2011 May 13 (Reuters) - British clean-fuel company Oxford Ca[13 May '11]
BRIEF-Oxford Catalysts 2010 loss widens
LONDON, May 13 (Reuters) - Oxford Catalysts Group PLC: * 2010 revenue of £7.7 million (2009: £8.7 million) * 2010 loss before income t[13 May '11]
BRIEF-RESEARCH ALERT-HSBC raises Oxford Catalysts price target
March 23 (Reuters) - Oxford Catalysts Group PLC: * HSBC raises Oxford Catalysts Group price target to 120P from 100P; rating overwei[23 Mar '11]
