AGC Innovate Pvt Ltd

Startup data

  • Name / A G C Innovate Pvt Ltd

  • Foundation year / 2018

  • Location / Sri Lanka

  • Website / Link here

  • Value chain / Plastics

  • Stage in the value chain / Ecodesign, new materials and manufacturing

Startup Description

  • Scope of activity / Technology development

  • Description of the activity / Ecodesign, new materials and manufacturing

    AGC Innovate (Pvt) Ltd, a Sri Lanka-based green innovation company that has developed Plastic Modified Asphalt Concrete (PMAC), a high-performance road construction material that converts non-recyclable plastic like plastic bags, shopping bags and biscuit wrappers which has no economic value into durable asphalt infrastructure. Globally, over 400 million tons of plastic are produced each year, with a significant portion mismanaged or ending up in landfills and waterways. At the same time, developing economies are investing heavily in transport and urban infrastructure, creating an opportunity to address both challenges through circular solutions. Our PMAC technology isa circular product which is cheaper and more durable than the normal conventional asphalt reporting reduced maintenance costs over timeUtilizes approximately 3 tons of waste plastic for 1 kilometer of PMAC roadCarbon saving around 3 kg CO2 -eq per ton of asphalt compared to conventional mixes

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