MW Polymers secures £200k grant from Innovate UK to develop new product with Aston University
Derbyshire, UK – 17 December 2018 – MW Polymers, a leading manufacturer of sealants, adhesives and coatings for pipeline industries, has today announced it has won an innovation grant of over £200k. The funding is provided by Government body Innovate UK and will support a collaborative Knowledge Transfer Partnership (KTP) project between MW Polymers and Aston University.
The aim of a KTP project is to exchange knowledge three-ways between the business, the University and the graduate. This supports areas of potential growth for the business, develops stronger industry ties for the University and allows the graduate to further their work in a specialist field.
Mike Wild, Founder and Managing Director of MW Polymers, said: “Securing funding from Innovate UK is a great result. It will enable us to work with the brightest minds in the field of advanced materials. By the end of the project, we’re confident we will have an innovative product suitable for industry.”
The project will commence at the beginning of January 2019 and will see the appointment of a new Polymer Scientist to the MW Polymers team. They will be responsible for developing a new polymeric material with the support of MW Polymers and the Aston Institute of Materials Research (AIMR), which is led by Professor Paul Topham.
Speaking on the project, Professor Topham said: “This is an exciting project for Aston University to be part of. Aside from developing a new advanced material, we will have the opportunity to build stronger industry links through MW Polymers, which will benefit our students. In addition, it will enable Aston University to maintain its position as a leader in advanced materials research.”
By the end of the two-year project, it is envisaged the company will have gained invaluable insight into advanced materials, built stronger ties with Aston University and Innovate UK and will have a commercially viable product ready for market. This will help MW Polymers to achieve its strategic growth plans and will strengthen its reputation as an innovator within the UK gas industry.
Notes to the editor:
This partnership received financial support from the Knowledge Transfer Partnerships (KTP) programme. KTP aims to help businesses to improve their competitiveness and productivity through the better use of knowledge, technology and skills that reside within the UK knowledge base. This successful Knowledge Transfer Partnership project, funded by UK Research and Innovation through Innovate UK, is part of the government’s Industrial Strategy.
About MW Polymers
MW Polymers is a family-run, specialist manufacturer of industrial sealants, adhesives and coatings. It was founded over 40 years ago by chartered engineer Mike Wild and is based in Little Eaton, Derbyshire. The company has gained a reputation for being a reliable and trusted supplier within the gas industry.
About Aston University
Founded in 1895 and a University since 1966, Aston is a long-established university led by its three main beneficiaries – students, business and the professions, and our region and society. Aston University is located in Birmingham and at the heart of a vibrant city and the campus houses all the university’s academic, social and accommodation facilities for our students. Professor Alec Cameron is the Vice Chancellor & Chief Executive.