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9th April 2019

Welsh start-up Hexigone secures £1m from Development Bank of Wales

A start-up company that has discovered a safer, smarter way to tackle corrosion has secured a cash injection of £1m; which will support ambitious plans to become the industry standard in anti-corrosion technology.

Corrosion costs the world economy 2.5 trillion dollars every year, and last month, the EU banned its most effective inhibitor, hexavalent chromate, because of health concerns. Hexigone Inhibitors plugs the gap by offering a new additive for metal coatings that is safer and can be up to ten times more effective than chrome-free alternatives…protecting buildings, cars and aeroplanes for longer.

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