Origin Materials, Sustainea partner to develop 100% biobased materials
In California, Origin Materials and Sustainea Bioglycols, a joint venture between Braskem and Sojitz Corporation, announced a strategic partnership with the aim of advanceding biobased materials produced using Origin’s technology platform and Sustainea’s biobased glycol products and market expertise.
As part of the partnership, Sustainea signed two multi-year capacity reservation agreements to purchase renewable chemicals from Origin Materials, including biobased PTA and biobased FDCA. PTA is a fundamental feedstock for a broad variety of market applications, including PET polyester packaging, textiles, clothing, plastics, car parts, tires, carpeting, and toys. FDCA is a raw material whose commercial applications include surfactants, epoxy resins, and the next-gen polymer PEF (polyethylene furanoate).
Origin expects to produce biobased FDCA and biobased PTA using its patented technology platform, which turns the carbon found in sustainable wood residues into useful products while capturing carbon in the process.
Gustavo Sergi, CEO of Sustainea, said: “Bringing to the market bioMEG and bioPET has always been our ambition and the partnership with Origin represents an important step towards this goal. The polyester and PET markets grow 3.5 million tons every year, so we have an important mission to develop our operation to supply the industry as soon as possible.”
Category: Fuels
