Startup Profile
Description:
Problem:
Sustainable packaging is not yet viable with existing multi-material packaging not being easily recyclable and sustainable packaging alternatives lack the proper barrier required.
Unique Value Proposition:
A superior plastic coating solution for mono-material plastic packaging that improves shelf life by 30-50% and low cost. It has a 5000x oxygen transfer rate improvement compared to mono-material plastic with no coating. The water-based coating solution is patented.
Achievements:
- More than 40 paid pilot trials with international converters and Brand owners
- Grand Finalist in the 2021 Liveability Challenge
- Engaged with 4 distributors globally
- Co-marketing PE based mono-material packaging with Global Resin Producer
- Commercially ready with 250 tonnes of O2X ™, which coats around 50 million square meters of plastic films.
Program themes:
Circular Economy & Waste ReductionTeam members:
Ong Kai Liang
Business Developer
Ong Boon Chuan
CEO
Dr Looi Hong Cheong
CTO