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Frontier IP ( (GB:FIPP) ) just unveiled an update.
Frontier IP announced that Topps Tiles plc has launched a new range of Alusid’s mass-produced floor tiles, Mas, across its UK retail chain. These tiles, made from up to 98.5% recycled industrial waste, significantly reduce carbon emissions and water usage compared to conventional tiles, aligning with Topps’ sustainability goals. This launch marks a major milestone for Alusid, expanding its market presence and reinforcing its partnership with Topps, while also supporting Frontier IP’s strategic aims in the sustainable building materials sector.
More about Frontier IP
Frontier IP Group plc is a company specializing in the commercialization of intellectual property. It holds a significant stake in Alusid, a company known for creating sustainable tiles and architectural surfaces by recycling industrial waste ceramics and glass. Alusid’s products are widely distributed in the UK through Topps Tiles and Parkside Architectural Tiles and have received numerous industry accolades.
YTD Price Performance: -15.09%
Average Trading Volume: 73,320
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £15.5M
For detailed information about FIPP stock, go to TipRanks’ Stock Analysis page.