Knock on wood for success - Innovating to Stay Ahead


Innovating in tandem with today's changing market conditions is necessary for small and medium enterprises to stand out. The Business Times looks at what three Singapore SMEs are doing to shake things up in their various industries - through innovation.

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Photo credit from Intellectual Property Office of Singapore

IPOS Award for IP Champions 2017 - ONEWOOD

Pacific Forest Products Pte Ltd has won the prestigious IP Awards 2017 for its outstanding enterprise growth through the successful use of intellectual property (IP) for their product, ONEWOOD. Jointly organised by the Intellectual Property Office of Singapore (IPOS) and the World Intellectual Property Organization (WIPO), the Awards has recognised 16 organisations which includes research institutions, MNCs and SMEs since 2013.

" We strongly believe that we can advance against global warming and create a greener environment for all if we actively find sustainable and viable alternatives in the way we use our natural resources. ONEWOOD is one of the many ways that will make a difference.

Every fibre from ONEWOOD is sourced from fast growing, sustainable plantations. Synthesized to become a homogenous product, ONEWOOD can fully substitute natural timber in every way and form. We can now enjoy premium wood products without deforesting pristine forests to acquire logs from mature trees.

Wood is commodity to all. If we can educate countries on the concept of "growing" wood and spread the knowledge to do so, ONEWOOD can change the way people source for wood especially from exotic tree species.

My strength and ability alone won't create an impact and achieve this goal. We need the world to contribute to this idea to make a difference. "
Mr Jason Chang,
Inventor of ONEWOOD,
Managing Director of Pacific Forest Products