Based in China and Canada, C4X creates a foamy plastic ready to replace styrofoam in everything from insulation and car and plane interiors, to ceilings and coffee cups. They also make three chemicals. One, ethylene carbonate, helps make your lithium-ion batteries work. Ethylene glycol can be made into a heat-dissipating paste that keeps microelectronics (think: chips inside your cell phone, PC, and TV) from overheating. And methanol is largely used to create fuel.
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ABOUT XPRIZE
XPRIZE is an educational (501c3) nonprofit organization whose mission is to bring about radical breakthroughs for the benefit of humanity, thereby inspiring the formation of new industries and the revitalization of markets that are currently stuck due to existing failures or a commonly held belief that a solution is not possible. XPRIZE addresses the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. It motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital.