Origin Materials and Indorama Ventures team on acceleration bio-based materials

In California, Origin Materials, Inc. and Indorama Ventures Public Company Limited announced a strategic partnership to accelerate the mass production of bio-based materials to explore initiatives related to the rapid commercialization of low-carbon, bio-based materials. Initiatives include evaluating the use of existing Indorama Ventures’ units in the United States with some modification to commercially produce bio-based materials. Under this arrangement, Indorama Ventures would convert derivatives of Origin Materials’ platform chemical CMF (chloromethylfurfural) into various sustainable chemicals and bio-based plastics.

Under the MOU, the companies will also study the potential to use production samples of bio-based materials in limited-volume product launches in partnership with high-profile brands. The materials could potentially be used in packaging, textiles, films, and automotive applications. These could include bio-PET, bio-PTA, the advanced bio-based chemical FDCA (furandicarboxylic acid), and co-polyesters that have an advantage over traditional PET plastic.