News blog

Hardide

  • BY: Andrew Hore |
  • POSTED: 20/02/2017 |

Advanced coatings provider Hardide says that demand for its coatings from the oil and gas sector is starting to recover. 

The higher oil price has helped to improve activity and more drilling rigs have been brought back into production in the US. The US facility is producing consistent coatings.

There is regular demand from the manufacturer of baggage scanners, while there are a number of test programmes happening in the aerospace sector. There could be news in the coming months about potential components to be supplied to Airbus.

The interim figures will be published on 16 May.

The Hardide share price is recovering and, at 0.98p, is near to recent highs but still much lower than the level it was nearly three years ago. 

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