CSR Activities

Indorama Ventures Public Company Limited, a global sustainable chemical company, together with partners; the School of Global Studies at Thammasat University, TikTok Thailand, United Nations Development Programme (UNDP), United Nations Environment Programme (UNEP), SDG Lab and Glab, announces the winner of the Circular Innovation Challenge 2023, SCPB from Thailand, for their innovative construction bricks made from recycled materials.

The Circular Innovation Challenge 2023 was a 5-week hackathon aimed at cultivating future thought leaders through circular innovation. The event featured intensive workshops and sessions designed to equip innovators with the skills needed to create solutions for society and the environment before competing in the final competition. This included the opening and panel discussion on "Securing our Future with Circular Economy and Achieving Circularity through Innovation," Sustainable Consumption and Production Sessions by the United Nations Environment Programme (UNEP), a design thinking workshop by the United Nations Development Programme (UNDP), a Content Creation Workshop by TikTok, a How to Pitch Workshop and Alumni Session, and a Mentorship session.

The program was open to 16-30 young innovators from 11 Southeast Asian countries. The total number of team sign-ups was 830 with a total of 3,333 applicants, of which 10 teams were selected as finalists to compete in the final round. These teams were from Cambodia (1), Indonesia (3), Philippines (2), Thailand (3), and Vietnam (1).

The winner of this year is SCPB from Thailand. Their innovation is called the Interlocking Semi-Calcite Passive Brick - a building material that combines structural strength with passive environmental control features, including humidity management and thermal regulation. The product offers unparalleled benefits to both builders and the environment by enhancing construction efficiency, reducing energy consumption through improved thermal insulation, and contributing to a healthier living environment. By adopting the circular concept, the source materials used to make the brick come from a loop system within the local context. This process begins with shells, plastics, and glass shards collected from various shores, riverbanks, or restaurants.

Read more: https://www.indoramaventures.com/en/investor-relations/newsroom/press-releases/2101/