REINZ Real Estate Magazine - Summer 2021/22

Page 22

FEATURE

Hot demand for construction board made from packaging waste

Tim Marshall, Senior Account Director, Wright Communications

New Zealand builders can now replace plywood, particle board and plaster board with low carbon, environmentally sustainable construction boards made from everyday packaging waste. Used beverage cartons, soft plastics and coffee cups are all being converted into saveBOARD building products.

The waste-to-building material technology has been brought to New Zealand by saveBOARD, whose first plant has just opened at Te Rapa near Hamilton. The factory will divert up to 4,000 tonnes of waste from landfills every year to produce 200,000 construction boards. saveBOARD makes an impact resistant board with similar performance to plywood, oriented strand board (OSB) and particle board that can be used for interior and exterior applications. The technology to make the boards was developed in the United States, where it’s been widely used for more than a decade. Tesla chose the membrane roof substrate for its 200,000m2 Gigafactory in Nevada. The Tesla roof equates to upcycling 2,000 tonnes of composite plastics and saves 336,000 kgs of embodied CO2 compared to using plywood. Paul Charteris, saveBOARD Co-Founder and CEO, says making high-performance, low carbon building materials using 100% recycled materials from everyday waste is a game-changer for sustainability in the construction industry.

Moons align to create demand Since the initiative was announced in March, enquiries and demands from architects and construction companies have gone through the roof. More than 300 companies are lining up to buy saveBOARD

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The Real Estate Institute of New Zealand

products, with one company wanting to take 25% to 30% of its production capacity. Charteris says the moons have aligned to create real demand for this new product:  COVID-19 has affected the international

supply chain creating a shortage of imported building materials  James Hardie has closed a division in

New Zealand, exacerbating this shortage  Unable to spend their money on

international travel, New Zealanders are splashing out on home improvements  A housing increase means there was

existing high demand for building materials  Climate change means architects and

building companies are looking for every opportunity to specify or use low carbon building materials. “Each year, more than 400,000 tonnes of packaging waste are sent to landfills. Packaging material is a highly engineered product that is a resource we can upcycle into a circular building product. “Everything that goes into saveBOARD is locally sourced, so there is no importing from China. It is made right here in Hamilton from post-industrial and consumer packaging waste material received from large food and beverage companies — such as Fonterra and Frucor — that want to meet ambitious waste reduction targets.


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Articles inside

Reflecting on an eventful 2021

3min
page 6

Privacy and real estate — how is the Privacy Act 2020 relevant to agents?

2min
pages 64-65

Business unusual: COVID-19 and real estate advocacy

4min
pages 62-63

A fresh look at directors’ duties in our modern world

3min
page 61

Next edition of the ASPRE

2min
pages 60-61

Marketing: Licensee’s obligations to vendors and potential buyers

3min
pages 58-59

Vendor tips: How to find the right home stager

3min
pages 56-57

How to manage your personal finance amidst a pandemic

2min
page 55

‘Giving back is key to being good at real estate’

3min
page 54

The upshot and the lowdown on accountability

5min
pages 52-53

The importance of giving back to the community

3min
pages 48-49

A new way to buy a first home with shared ownership

4min
pages 46-47

Four reasons to build relationships with buyers

3min
page 44

Housemart Queenstown: small, but with big ideas

2min
pages 42-43

Marketing with Purpose: 3 Steps to Connect

1min
page 40

What’s coming up in the education space in 2022?

2min
page 39

2021 milestones in Residential Property Management

2min
page 38

REINZ RPM Sector Group

6min
pages 36-37

Taking a leap of faith to start a property management business

3min
pages 34-35

COVID-19 and the economy

4min
pages 32-33

Commercial and Industrial market robust despite COVID-19

4min
pages 30-31

Navigating the tourism property industry during unprecedented times

3min
pages 28-29

New ETS accounting method and implications for land transactions

4min
pages 26-27

New rules for land sales to overseas investors

3min
pages 24-25

Hot demand for construction board made from packaging waste

4min
pages 22-23

Growing well on the Kāpiti Coast

4min
pages 20-21

Queenstown Lakes District continues to flourish

3min
pages 18-19

2021 REINZ Awards for Excellence

3min
pages 13-17

REINZ new team member

1min
pages 12-13

Out & about

12min
pages 8-11
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