HydroDec Group plc provided trading updated for the year ended December 31, 2013. Revenues expected to increase by approximately 52% to $39.7 million compared to $26.1 million in 2012, driven by a 9% increase from the core re-refining business ($28.5 million) and the acquisition of the OSS business in September. Underlying operating EBITDA performance for the year is likely to be significantly improved on previous year.

The company reported production results for the year ended December 31, 2013. The company increased sales volumes of premium quality Hydrodec SUPERFINE transformer oil and base oil, up 12% at 25.2 million litres compared to 22.5 million litres in 2012; total oil sales, including OSS, of 37.0 million litres, an increase of 65%.