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Frontier IP Group Plc

Frontier IP portfolio company Alusid, which turns sinks into tiles, closes in on fund raising

BRITISH manufacturer Alusid, whose groundbreaking technology turns ceramics and glass waste into stylish tiles and worktops, is finalising a £1million-plus investment deal as it scales up plans for a bigger factory and mass production.

Instead of toilets and sinks being discarded post-production and old glass all ending up in landfill, the company’s founders Dr Alasdair Bremner and Professor David Binns have now developed a patented process that recycles them into a new material, SilicaStone.

The innovation’s breakthrough has been to create the technology from the two different industries. The result is a sustainable composite that, because it has no resins or glues, is recyclable.

 

As at 30 June 2016, Frontier IP Group Plc have a 39% holding in Alusid Limited.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.