Paijit Sangchai drops a small piece of laminated paper into a jar of cloudy liquid which he hopes will transform his start-up into a multi-million dollar company and help revolutionize recycling.
“Now this is the fun part,” he says a few minutes later, holding it under the tap to wash away soggy paper pulp and reveal a clear plastic film.
His Thai firm, Flexoresearch, has developed a series of blended enzymes that can recover pulp or fiber from laminated paper such as cigarette packets, stickers or milk cartons that were previously hard or impossible to recycle.
Photo: AFP
First one enzyme attacks the water resistant chemical coating the surface, then others take over and tackle the paper and adhesive layers.
The resulting pulp, he says, can be used to produce new paper products — thus saving trees — or turned into building materials that can be used as an alternative to asbestos, which is potentially hazardous to human health.
DUAL USE
The technique, believed to be the first of its kind, also produces clean plastic that can be recycled and used to produce new products.
The firm was recently named one of 31 “Technology Pioneers” by the World Economic Forum, which said its products were “poised to reduce the use of asbestos in the developing world, positively impacting people’s health.”
Time magazine described Flexoresearch as one of “10 start-ups that will change your life.”
It is a rare honor to be bestowed on an entrepreneur in a country hardly renowned for its technological prowess.
In developing countries such as Thailand, laminated paper is usually thrown away, Paijit says.
“Most people burn it illegally and that causes toxic fumes which harm people’s health,” he says at his small laboratory in a science park on the northern outskirts of Bangkok.
“For people in developing countries who suffer from the fumes and don’t know why they are sick ... it can help improve their lives,” he adds.
And while developed countries like the US are able to incinerate laminated paper such as fast food wrappers safely, they do not have any commercially viable way to recycle it either, he says.
COMMON PROBLEM
“Every country uses laminated paper, in stickers and wrappers of food like McDonald’s and Kentucky Fried Chicken. That’s all laminated and people throw it away,” he says. “I think this a global market.”
Since winning the Technology Pioneer award — previous recipients of which include Google and Twitter — Paijit has been flooded with thousands of e-mails, mostly from venture capitalists interested in investing in his start-up.
But the affable company founder and CEO is not interested in borrowing more money or selling stakes to investors.
He is looking for people overseas who want to license the technology, which is already attracting interest in countries including Malaysia, Japan, China, South Korea and India.
“I want to work with people around the world to heal the environment,” Paijit says.
It is a far cry from the days he spent experimenting with enzymes produced from mushrooms in a home laboratory after quitting a more than decade-long, well-paid career with a leading Thai industrial giant four years ago.
He invested his savings, then borrowed heavily from the bank, putting up his house as -collateral to keep the project going and build a paper mill in eastern Bangkok.
At one point the firm was in debt to the tune of about US$1.5 million, but it has since repaid all the money and now employs 17 people.
And Paijit is already eyeing ways to turn other problems into profits, including a technique to turn used liquid coolant drained from refrigeration systems into oil that can be used in the construction industry.
“I make a profit from a problem. I convert waste into wealth,” he says.
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”
Sales in the retail, and food and beverage sectors last month continued to rise, increasing 0.7 percent and 13.6 percent respectively from a year earlier, setting record highs for the month of March, the Ministry of Economic Affairs said yesterday. Sales in the wholesale sector also grew last month by 4.6 annually, mainly due to the business opportunities for emerging applications related to artificial intelligence (AI) and high-performance computing technologies, the ministry said in a report. The ministry forecast that retail, and food and beverage sales this month would retain their growth momentum as the former would benefit from Tomb Sweeping Day
Thousands of parents in Singapore are furious after a Cordlife Group Ltd (康盛人生集團), a major operator of cord blood banks in Asia, irreparably damaged their children’s samples through improper handling, with some now pursuing legal action. The ongoing case, one of the worst to hit the largely untested industry, has renewed concerns over companies marketing themselves to anxious parents with mostly unproven assurances. This has implications across the region, given Cordlife’s operations in Hong Kong, Macau, Indonesia, the Philippines and India. The parents paid for years to have their infants’ cord blood stored, with the understanding that the stem cells they contained