When Swansea-based Hydra Technologies Limited was looking for a funding partner to help it bring a new, waterless engine cooling technology to the UK market, it turned to UK Steel Enterprise for help.
UKSE backed the project with £500,000 of loan and equity funding.
In conjunction with a US partner, Hydratech has developed the Economax Engine Cooling System which incorporates the Cool-180 range, and this is being marketed under the trading name of Evans Cooling Systems UK, within the Hydra Technologies Limited Group.
Hydratech Managing Director Steve Hickson explains why the product is becoming so popular. “Traditional engine coolant is half water, half anti-freeze and is also toxic. Water has many limitations. It has a relatively low boiling point, a propensity to corrode, and traditional anti-freeze is a risk to humans and animals.