SINGAPORE – Magorium was founded in 2019 to turn plastic waste into road construction material. In less than two years, the start-up has clinched several awards for its innovative technology and received grants as it moves to address plastic pollution in a sustainable way.
Co-founder Oh Chu Xian, 27, was among 32 individuals in Singapore who were included in this year’s Forbes 30 Under 30 Asia list.
“We’re most proud of our technology, which is the core of Magorium, and how it can potentially solve the plastic waste problem, which has been unsolvable for decades,” she said.
The firm’s road construction material prototypes have incorporated plastic bottles, plastic bags and milk cartons – waste that has been reprocessed into pellets to be added to the asphalt when paving roads.
Magorium’s product has been in testing with the Land Transport Authority and National Environment Agency.
Ms Oh, who is pursuing a degree in business management at Singapore Management University, said that its third-generation prototype works with contaminated plastic waste, which means that the firm does not compete with others for the relatively small pool of clean plastic waste.
While Magorium has been able to draw on some $120,000 from grants and prize money, it is now in talks with external investors for funding as it looks to scale. The funds would be channelled towards an integrated system that can both recycle plastic waste and produce its construction material, Ms Oh said.
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