HK Firm Upcycles Old Washing Machines... Into Bricks
"); jQuery("#212 h3").html("

"); });
2022-06-08 HKT 10:20
A Hong Kong start-up has joined forces with Sino Group, the developer, to upcycle plastic waste into sustainable construction materials.
The founder of EcoBricks, Shervin Sharghy, told RTHK's Hong Kong Today programme the firm recycles plastic into high-grade materials that are in line with or exceed local and international standards. He described a project at the Gold Coast where 560 old washing machines were used to create over 15,000 "eco paving bricks".
"Our ground-breaking solution has actually been able to recycle all seven type of plastic, which means we can take mixed plastics and also composite plastics which are currently impossible to recycle and would otherwise go to landfill," Mr Sharghy said. "We transform them into high-grade building materials."
He added: "We've been piloting them at several test sites and our first has been our inaugural project in Gold Coast where we upcycled old washing machines."
That project involved recycling 5.4 tonnes of plastic waste in one go, he said, adding that visitors to the site – and others at Olympian City and the Fullerton Ocean Park Hotel – can "walk on our bricks and won't be able to tell the difference between ours and conventional bricks."
Mr Sharghy said EcoBricks was looking to expand out of Hong Kong to "every country that has plastic waste problems".
EDENA Unveils AI System To Automate Sovereign Asset Settlement
At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more
Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls
Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more
Japans PayPay Files For US IPO, Targets Valuation Above US$10B
SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more
Inference Research Launches In Hong Kong With US$20M Seed Funding
Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more
London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion
London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more
SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership
SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more
