Alusid Limited (Alusid), one of the portfolio companies of Frontier IP (LON:FIPP), has won the 2016 IChemE Global Award 2016 for Best Business Start-Up.
Based in Preston, Lancashire, Alusid manufactures SilicaStone - an eco-architectural material made from 100% recycled glass and vitrified ceramic that would otherwise end up in landfill.
The process allows for materials to be created without the use of resin, cement or other binders, making it fire and heat resistant as well as making it recyclable at the end of its life.
Dr Alasdair Bremner, Alusid’s operations manager, said: "To be recognised in such a strong field for this prestigious award is fantastic.”
Alusid is a spin-off from the University of Central Lancashire and 39% owned by Frontier IP.