Oxfordshire-based company, Hardide, have raised £1.6 million to manufacture a unique hard coating that has been designed to increase the life of steel and cemented carbide parts.
Properties of the coating include ultra hardness, low friction and chemical resistance. Coatings are applied by chemical vapour deposition (CVD) and can be applied to the insides of complex parts such as moulds which may not be able to be coated by other processes.
Hardide coatings have applications in the oil and gas industries, metalworking, tool manufacturing and automotive components. It is claimed that the coating can double the life of drilling tools on oil rigs, resulting in massive potential savings.
For more information on chemical vapour deposition, click here.