Hexigone Inhibitors Ltd

Website: www.hexigone.com

The Project

Swansea University academics, Dr Paddy Dodds and Professor Geraint Williams have developed an alternative to hexavalent chromate, the commonly used corrosion inhibitor facing an EU ban in 2019. The patented technology developed by the team creates a smart release coating which outperforms coatings made with current inhibitor pigments. The new product is of significant interest to the coiled coated steel market, potentially worth £3bn per annum in Europe alone. The technology has been assigned to Swansea University spin-out, Hexigone Inhibitors Ltd, who are currently trialling these formulations with a number of well-known paint manufacturers and are working closely with their strategic partner, Tata Steel UK.

AgorIP helped the Swansea academics form the company in 2016 and the Swansea University Investment Fund (SUIF) invested £25,000 alongside the Guild of Armorers and Brassiers in 2017. Thanks to AgorIP support the Hexigone team have secured a number of innovation awards, non-dilutive grant funds and commercial contracts since then and are positioned for further investment in 2018.
Hexigone Inhibitors, with the help of the AgorIP team, are now seeking to scale up production and fully launch their innovative technology in 2019. This will involve further investment in facilities and capital equipment as the company grows from strength to strength.


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