Following the awards ceremony on August 23, 2024, Startup Wheel 2024 has officially concluded, with Our product “NetZero Pallet” emerging as the champion in the Vietnam track. This innovative pallet made from recycled agricultural waste has excelled in demonstrating its sustainability and cost-saving benefits for businesses.  

Startup Wheel  

Startup Wheel is one of the most prestigious and significant startup competitions in Vietnam, organized annually by the Business Startup Support Centre (BSSC) and the Young Business Association of Ho Chi Minh City (YBA). Launched in 2013, it has become a vital event in Vietnam’s startup ecosystem.  

Over the past 11 years, Startup Wheel has welcomed over 2,000 startups annually from 43 countries worldwide. The event attracts 1,500 venture capital funds, individual investors, industry experts, and global partners, providing a comprehensive view of the startup landscape in Vietnam and the region. It serves as a platform for discovering and nurturing innovative ideas and bridging startups with global resources.  

NetZero Pallet: Champion of Startup Wheel 2024  

NetZero Pallet, a pioneering product from AirX Carbon, represents a breakthrough in sustainable logistics. Crafted from natural materials such as coconut husks, coffee grounds, rice husks, and sawdust, NetZero Pallet aims to offer an eco-friendly and cost-effective solution for the logistics industry. The product's exceptional performance and significant contributions to the community, environment, and economy have earned it the top spot in the Vietnam category of Startup Wheel 2024.  

Netzero Pallet - chapion of Startup Wheel 2024

What Makes NetZero Pallet Stand Out?  

The global pallet industry is projected to surpass $100 billion by 2033, with wooden pallets currently dominating the market, accounting for 90% of it. However, this dominance poses a challenge to achieving net-zero emissions, as nearly half of the world’s wood is used for pallet production. Wooden pallets contribute significantly to deforestation and climate change, with 250 million trees cut down annually and many pallets ending up in landfills after a single use.  

The true environmental cost of wooden pallets is challenging to quantify accurately, but the industry faces limitations due to the lack of viable alternatives. Plastic and metal pallets are too expensive, while paper pallets lack the durability and water resistance needed for various applications, creating sustainability challenges for the logistics sector.  

Netzero Pallet 

NetZero Pallet: A Game-Changer in Sustainable Logistics  

• Innovative Use of Coconut Husk Waste: By utilizing discarded coconut husks, NetZero Pallet sets a new industry standard, providing a more sustainable and efficient solution.  
• Superior Load-Bearing Capacity and Durability: Competing with traditional options without the restrictions of ISPM 15 regulations, NetZero Pallet ensures high quality and performance.  
• Integration with Major Supply Chains: Developed for major corporations like Nestlé, NetZero Pallet integrates seamlessly into large supply chain systems.  

Economic and Environmental Benefits  

• 20% Cost Savings: NetZero Pallet is priced 20% lower than traditional wooden pallets, offering significant cost savings for businesses.  
• CO₂ Absorption: The product can absorb up to 3.5 tons of CO₂ per 100 pallets, reducing carbon footprints and mitigating the impact of potential carbon taxes.  

By choosing NetZero Pallet, businesses not only invest in a sustainable solution but also reinforce their commitment to ESG (Environmental, Social, and Governance) practices. This product has a profound environmental impact—reducing the need for wood, protecting forests, supporting local economies, and driving innovation in manufacturing.  

Contact us  

AirXis the world’s first carbon-negative bio-material made from coffee grounds manufacturer.  

We specialize in producing bio-based composites using recycled carbohydrates derived from by-products such as coffee grounds, coconut husk, husk, and bamboo. Our goal is to promote sustainability through the use of eco-friendly materials.  

We are always here to help and provide the best service possible. If you have any questions or would like to receive advice and feedback directly from our sales staff, please do not hesitate to contact us. You can reach us through:  

• Whatsapp: +84 969 742 950  
• Email: [email protected]  

We look forward to hearing from you!