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ENVIRONMENTAL SERVICES & EQUIPMENT | Recycling
originmaterials.com

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Stage

Reverse Merger | IPO

Total Raised

$43.6M

About Origin Materials

Micromidas technology closes the biomass cycle by enabling the production of a myriad of products from highly diverse, biological feedstocks. The company, spun out of UC Davis, has been working on a patented technology to produce a PET bottle from completely sustainable, renewable materials such as cardboard or sawdust. The PET acronym comes from the polymer used to make them, polyethylene terephthalate.

Origin Materials Headquarter Location

West Sacramento, California, 95605,

United States

Latest Origin Materials News

Key Production Modules Fabricated by Koch Modular Process Systems Installed at Origin Materials’ Manufacturing Facility Six Months Ahead of Schedule

Dec 2, 2021

Download Origin 1 Key Production Modules in Sarnia, Ontario. (Photo: Business Wire) December 02, 2021 09:00 AM Eastern Standard Time PARAMUS, N.J.--( BUSINESS WIRE )--Koch Modular Process Systems, LLC (Koch Modular), a market leading provider of engineered and fabricated modular mass transfer systems for the chemical processing industry, today announced its fabricated process modules have been installed in support of the first manufacturing plant for Origin Materials (Origin), located in Sarnia, Canada. Installation of the key production modules of the plant (Origin 1) was completed in October of 2021, six months ahead of their schedule. Koch Modular was engaged early in the process by Origin because of the company’s demonstrated expertise in reaction, distillation, and filtration unit operations. The front end of Origin’s process was a primary focus, converting biomass to sustainable materials including chloromethylfurfural (“CMF”) and hydrothermal carbon (“HTC”). Downstream of Koch Modular’s system, Origin’s process involved the conversion of CMF into PET (polyethylene terephthalate); a strong and lightweight thermoplastic material commonly used in packaging, textiles, and many other products. Koch Modular designed and manufactured the plant’s 17 core process modules which were delivered to site on schedule. Module installation of Origin 1 was set to be completed by the end of Q4 of 2021 as announced in April 2021. Module installation took place well ahead of schedule, in October 2021, significantly de-risking the project. The plant remains on track for completion by the end of 2022, with commissioning and production start-up thereafter. Origin’s technology will turn carbon found in biomass, such as wood residue, into useful materials such as plastic. The technology eliminates the need for fossil resources and captures carbon in the process. The carbon negative products created with this technology are expected to be cost competitive with petroleum-based products and recyclables. Koch Modular used their skilled engineering services, process conceptualization and pilot testing to take Origin’s manufacturing technology to commercial production. “We are very pleased to be working alongside Origin on this innovative technology that will enable future mass production of carbon negative plant-based plastics,” said George Schlowsky , president of Koch Modular. “Our partnership with Koch Modular has made our vision of this disruptive technology come to life. Koch’s methodology, coupled with their 40-plus years of engineering expertise and experience, enabled robust manufacturing for our Origin 1 plant,” said Origin Materials co-founder and co-CEO John Bissell . “We are well on our way to commercial-scale production, a key milestone in our mission to enable the world’s transition to sustainable materials.” About Koch Modular Koch Modular has successfully designed and constructed modular systems for the global Chemical Processing Industry for over 40 years. Specializing in mass transfer, Koch Modular supports innovative technology companies on their pathway from concept to commercialization, providing pilot testing and process conceptualization services, process design package development, detailed engineering, and modular constructed systems. To learn more, visit kochmodular.com . About Origin Materials Headquartered in West Sacramento, Origin Materials is the world's leading carbon negative materials company. Origin’s mission is to enable the world’s transition to sustainable materials. Over the past 10 years, Origin has developed a platform for turning the carbon found in inexpensive, plentiful, non-food biomass such as sustainable wood residues into useful materials while capturing carbon in the process. Origin’s patented technology platform can help revolutionize the production of a wide range of end products, including clothing, textiles, plastics, packaging, car parts, tires, carpeting, toys, and more with a ~$1 trillion addressable market. In addition, Origin’s technology platform is expected to provide stable pricing largely decoupled from the petroleum supply chain, which is exposed to more volatility than supply chains based on sustainable wood residues. Origin’s patented drop-in core technology, economics and carbon impact are supported by a growing list of major global customers and investors. For more information, visit www.originmaterials.com . Contacts

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Expert Collections containing Origin Materials

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Origin Materials is included in 1 Expert Collection, including Advanced Materials.

A

Advanced Materials

1,224 items

Startups developing new or improved materials (chemicals, alloys, etc.) that provide physical or functional advantages to basic materials.

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