Report
Hugo Lisboa

Accsys Technologies plc : Hull plant delayed to July 2022 – revised FY 2022 and FY 2023 estimates

>Hull plant delayed until FY23 - Following an analysis to estimate the costs and timelines of the construction of the Hull plant after Engie Fabricom cancelled the plant construction and engineering contract, Accsys estimates that the Hull plant is only anticipated to be commercially operational by July 2022, a significant delay to the original completion deadline in Q1 of 2021. The remaining stages of the project are being managed by Accsys itself, without any leadin...
Underlying
Accsys Technologies

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Hugo Lisboa

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