ORIGIN MATERIALS INC (ORGN)

Company Profile

Origin Materials, Inc. is a carbon negative materials company engaged in providing sustainable materials by replacing petroleum-based materials with decarbonized materials. The company is headquartered in West Sacramento, California and currently employs 201 full-time employees. The company went IPO on 2021-06-29. The company has developed a platform for turning the carbon found in non-food biomass into useful materials, while capturing carbon in the process. The company replaces petroleum-based materials with decarbonized materials in a range of end products, such as food and beverage packaging, clothing, textiles, plastics, car parts, carpeting, tires, adhesives, soil amendments and more. The company has developed a platform technology to convert biomass, or plant-based carbon, into the building block chemicals chloromethyl furfural (CMF) and hydrothermal carbon (HTC), which are referred as furanic intermediates, as well as other minor products. Its technology converts sustainable feedstocks, such as sustainably harvested wood residues, agricultural waste, wood waste, and even corrugated cardboard into materials and products that are made from fossil feedstocks, such as petroleum and natural gas. These sustainable feedstocks are not used in food production.

Company Info

ORIGIN MATERIALS INC

930 Riverside Parkway, Suite 10

West Sacramento CALIFORNIA

P: 19162319329

CEO: Boon Sim

Employees: 201

Website: http://www.originmaterials.com