Cleantech industrial oil refining company, Hydrodec Group, said it had been granted a patent in Europe for its refining technology.
The patent, granted by the European Patent Office, strengthened the company’s intellectual property position in the global market and would lead to validation in the UK, Germany and Denmark, the company said.
The milestone added to a recent US Patent grant.
A representative of Hydrodec said: “The patent protects the operating and design intellectual property improvements made to original re-refining technology developed over ten years of commercial operation.
“The grant of the European Patent reinforces the ongoing commercial protection of Hydrodec’s proprietary technology leadership in the production of sustainable and high quality oil products at market competitive prices.”
At 2:17pm, the Hydrodec Group PLC share price was 0p at 1.08p.