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Hydrocarbon Dynamics ( (AU:HCD) ) has shared an announcement.
Hydrocarbon Dynamics has reported a series of successful transactions and ongoing trials for its HCD Multi-Flow product, including repeat orders in Australia and Dubai, and expanded trials in the USA. The company is exploring new opportunities in Indonesia and Pakistan, and has announced a fully underwritten rights issue. These developments indicate a strengthening of the company’s market position and potential for growth in the upstream energy sector, with implications for increased sales and expanded market reach.
More about Hydrocarbon Dynamics
Hydrocarbon Dynamics operates in the energy sector, focusing on providing solutions for paraffin control and flow assurance in oil and gas operations. Their primary product, HCD Multi-Flow, is used for treating paraffin-related issues in oil wells and pipelines, with a market focus on regions such as Australia, Dubai, the USA, Canada, and Malaysia.
Current Market Cap: A$4.31M
For a thorough assessment of HCD stock, go to TipRanks’ Stock Analysis page.