• Zeoform is seeking public funds to turn paper into things such as chairs.
    Zeoform is seeking public funds to turn paper into things such as chairs.
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Paper recyclers are being urged to support an Australian materials company that is seeking $30 million in public funding to assist the development of a new building material made entirely from paper and water.

Mullumbimby-based Zeoform will launch its 'crowd funding' campaign at the ECOXPO exhibition to be held in Sydney on 20 September.

Zeoform CEO Alf Wheeler said Zeoform is a “game-changing material” made of cellulose fibres and water that replaces plastic and wood. The company hopes to complete its manufacturing facility in northern NSW in 2014.

“Our paper-based material has the strength of fibreglass and is environmentally stable and completely non-toxic,” he said.

Zeoform hopes to raise $30 million in 30 days through the crowd-funding campaign, in similar way crowd-funding has supported overseas start-up projects such as Pebble Watch and Ubuntu Edge Smartphone.