An average oil platform could make savings of around $1m over 20 years using Enviropeel, said to be the world’s first reusable protective material.
Enviropeel is an environmentally friendly, spray-on polymer material developed by corrosion protection specialist Alocit Group, based in Dereham, Norfolk.
Applied using portable spray equipment, the material is said to be particularly effective in preventing bimetallic corrosion, which can occur between two metals where flanges join pipework.
Enviropeel can also be used for long-term protection of mothballed machinery and parts.
The material sets in seconds and can be applied to almost any surface including steel, concrete and wood. It peels off easily, leaving behind a powerful corrosion inhibitor.
Corrosion costs Britain around £30m a year, according to the Paint Research Association. The general cost of corrosion in developed countries ranges from between 3.5 to 4% of GDP.