Algreen: The feasibility study on commercializing Algreen fully biodegradable and VOC-free chipboard to the Chinese furniture industry.

**愿景**Algreen利用天然海藻和废纸开发了可持续和低成本的硬纸板。Algreen纸板使用环保的海藻基粘剂而不是汽油基粘剂来粘合废纸芯片。由于Algreen的新技术，Algreen硬纸板具有高可伸缩性、环境可持续性和无VOC。**问题**传统上，硬纸板是将木屑或黄麻片与树脂混合在一起，然后将混合物形成一张纸。硬纸板广泛用于建筑和家用家具，如厨房橱柜、书柜、门、窗以及墙面和地板的覆盖。大多数商业硬纸板是不环保的，含有剧毒和致癌的粘合剂甲醛，释放到大气中的甲醛气体(VOC)。含有甲醛的家具可以持续排放少量气体长达10年。**市场**2020年全球硬纸板市场价值达到150亿GB(2021-2026年复合增长率为4.4%)。包括中国、美国和德国在内的国家是家具行业最大的市场。中国是欧盟主要的木制家具出口国，中国人口不断增加，收入不断增加，城市化进程迅速，是亚太地区最大的市场基础。它也是几乎所有行业的主要制造业中心之一。在经历了COVID之后，市场预计将出现复苏。因此，预计建筑和家具行业的增长将在大流行后的恢复期提振当地刨花板市场的需求。**ALGREEN可持续发展**回收是一个关键的全球环境问题，尤其是在造纸方面。它不仅有助于拯救树木，这对我们这个星球的可持续性至关重要，而且回收一吨纸还可以节省至少30,000升水和3000至4000千瓦时的电力。这足以维持一栋普通的三居室房子一整年。生产再生纸还需要减少28%-70%的能源消耗和更少的水。开阔的海洋海藻养殖场可以改善水质。世界银行预测，到2050年，实现全球海藻产量5亿吨将吸收1000万吨氮，这是估计进入海洋的氮的30%，以及1500万吨磷。同样的海藻生产5亿吨将消耗1.35亿吨碳，这是每年因温室气体排放而增加到海水中的碳的3.2%。

**VISION**Algreen developed sustainable and cost-effective chipboards from natural seaweed and wastepaper. Algreen chipboard using eco-friendly seaweed-based adhesive rather than petrol-based adhesive to glue the wastepaper chips. Thanks to Algreen's novel technology, Algreen chipboard is high-scalable, environmentally sustainable and VOC-free.**PROBLEM**Traditionally, chipboard is made by mixing particles or flakes of wood or jute-stick together with a resin and forming the mixture into a sheet. Chipboard is widely used for building construction and household furniture such as kitchen cabinets, bookcases, doors, windows, and covering the walls and floor.Most commercial chipboard is environmentally unfriendly, which contains highly toxic and carcinogenic adhesive, formaldehyde, which releases formaldehyde gas (VOC) into the atmosphere. Furniture containing formaldehyde can continue emitting small amounts of gas for up to 10 years.**MARKET**The global chipboard market reached a value of £15 Billion in 2020 (CAGR of 4.4% during 2021-2026).Countries including China, the United States, and Germany account for the largest markets in the furniture industry. China is the dominant exporter of wood furniture to the EU.China is the largest market base in the Asia-Pacific region, owing to its ever-increasing population, rising income, and rapid urbanization. It is also one of the major manufacturing hubs for almost every industry.After COVID, market recovery is speculated to be witnessed. Thus, the projected growing construction and furniture industries are expected to boost the demand in the local particle boards market in the post-pandemic recovery period.**ALGREEN SUSTAINABILITY**Recycling is a key global environmental concern, but especially when it comes to paper. Not only does it help to save trees, which is crucial to the sustainability of our planet, but recycling one tonne of paper, also saves at least 30,000 litres of water and between 3000 to 4000 kWh of electricity. This is enough to sustain an average three-bedroomed house for a whole year. Producing recycled paper also requires between 28-70% less energy consumption and uses less water.Open ocean seaweed farms can improve water quality. The World Bank predicts that achieving a global production of 500 million tons of seaweed by 2050 would absorb 10 million tons of nitrogen, which is 30% of the nitrogen estimated to enter the ocean, and 15 million tons of phosphorus. That same seaweed production of 500 million tons would consume 135 million tons of carbon, which is 3.2% of the carbon added to seawater each year from GHGs emissions.