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ULO commenced providing the service of utilising industrial fabrics to create a shape or form to contain a cementitious grout in 1964 for the civil construction industry.

With the major discovery and development of oil in the North Sea in the late 60's. The use of fabric formwork was seen as a major development for utilisation by the offshore oil industry, to support subsea pipelines.

ULO formed a joint venture and established a base in Aberdeen to provide a service in this area, and the name "COLOS" became synonymous with the oil industry boom in the North Sea.

ULO's presence in the Middle East commenced in 1978 and expanded into India in 1981. The Far East has been supported since 1975.