Stoneglass Building Products, part of Imperial Innovations Group’s Recycling Commercialisation Centre, has been bought by Intellitect Environmental in partnership with Credit Suisse.
Stoneglass develops technology to manufacture bricks, pavers and brick slips from 97 per cent recycled glass. It is the first company to exit the Recycling Commercialisation Centre, which is funded by the Waste & Resources Action Programme (WRAP).
Worcester-based Intellitect plans to erect a pilot manufacturing facility with a capacity of 60,000 tonnes per year in the coming months, and intends to introduce new products to the market.
Stoneglass building products are said to have good drainage properties due to their high porosity. They can be made to a high degree of accuracy, which is necessary for precision construction, and can be made in a wide array of colours and textures. Their manufacture also saves money over traditional as they have less energy intensive kiln drying requirements.
According to Imperial Innovations, the commercialisation of Stoneglass’ technology will divert significant volumes of waste container and TV glass from landfill and provides a significant move forward in the development of sustainable, closed-loop building products.
Susan Searle, CEO of Imperial Innovations said: ‘The acquisition of Stoneglass by Intellitect would not have been possible without the support of the Recycling Commercialisation Centre. We are confident that Stoneglass will have a positive impact on reducing waste glass from landfill.’
Steve Creed, WRAP’S director of business growth, said: ‘WRAP has supported this project from an early stage through the manufacturing and business support programmes and we are delighted to see the successful commercialisation of the Stoneglass technology. This represents a significant new opportunity for the use of recycled glass and diversion from landfill.’