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LocalGov co uk - Your authority on UK local government - Nearly £60m low carbon growth programme approved for Swansea
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Wales commits £3m for new power supply for Baglan Energy Park
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The major projects Neath Port Talbot Council plans to invest in during 2021-22
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Laurence Kilgannon
A Port Talbot-based manufacturing start-up has received an investment of almost £900,000 to expand global sales of its smart corrosion inhibitors.
Founded by Patrick Dodds, Hexigone has discovered a way to protect metals for up to ten times longer, through their innovative, smart inhibitors – raising £894,000 of financial support to ramp-up commercial activity across the globe from its site at Baglan Energy Park.
The £894,000 investment comes from new investors including the British Business Bank Future Fund and Enterprise Investment Scheme as well as continued support from existing investors Development Bank of Wales, Armourers & Brasiers, Sunnybarn Investments and Hexigone chairman, Owen Sennitt.