Accsys Technologies plc : Accsys discontinues Hull plant….as expected
>No strategic partner found at the right terms - Accsys has announced that the company will discontinue the Tricoya plant in Hull in the UK. This implies that the financial advisor and the company, who have been reviewing options for over a year, have not been able to find a strategic partner at the right terms. The company was looking for a financially strong partner that could (partially) fund the completion of the plant and add other benefits, preferably on the sup...Accsys Technologies is a holding company. Through its subsidiaries, Co. is a chemical technology group focused on the development and commercialization of a range of transformational technologies based upon the acetylation of solid wood and wood elements (wood chips, fibres and particles) for use as construction materials. Co.'s business consists of the following: commercial scale Accoya® wood production and sales facility in Arnhem; building and operating of Tricoya® wood chip acetylation plant in Hull; Accoya and Tricoya technology licensing and business development; and technology and product development.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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