Alusid Ltd uses a patented process to manufacture high quality building materials by recycling industrial waste ceramics and glass, which would otherwise go to landfill. The products are sold under the brand name SilicaStone.
It already has a string of high-profile customers and now has its sights set on international expansion.
Alusid is the University of Central Lancashire’s first spin-out business, beginning as a research project between Professor David Binns and Dr Alasdair Bremner.
As at June 2016, Frontier IP Group Plc (LON:FIPP) have a 39% holding in Alusid Ltd