University spin-out company recognised for award-winning invention to reduce greenhouse emissionsPrint news article
A pioneering technology developed by a spin out company from the University of Salford has been recognised for its ingenuity at the prestigious Times Higher Education Awards, winning the ‘Outstanding Contribution to Innovation and Technology Award‘.
The Salford Valve Company Limited t/a Salvalco was spun out from the University in 2013 and was assisted in its formation by a multidisciplinary team from Walker Morris comprising of specialists from the Firm’s Corporate, Commercial and Intellectual Property departments.
The spin out company centred around its innovative technology for an eco-friendly aerosol valve system that has the potential to significantly reduce global green house emissions.
Developed by a team led by Professor Ghasem Nasr, director of Salford University’s Spray Research Group, the system negates the need for volatile organic compounds (VOCs) in aerosols sprays, which have a negative impact on the environment. As well as reducing the emission of greenhouse gases, the valve will also reduce production costs and enhance safety in aerosol production.
Alan Harper from Walker Morris commented:
“Walker Morris originally started working with Salvalco in 2013 and provided multidisciplinary support from the Firm’s Corporate, Commercial and Intellectual Property departments. The team was led by Corporate Partner Debbie Jackson and assisted with the formation of the spin out company from the University and the acquisition of a number of patents relating to this exciting technology. Since then the Company has gone from strength to strength and we are delighted to see the innovation being recognised in these prestigious awards. With an estimated 17 billion aerosols being produced each year this is a multimillion pound market, the technology has huge potential and we look forward to working with the company to achieve greater success in the future.”