Biobased progress in sight as Indorama pens agreement with Origin
Biobased materials developer Origin Materials has signed a new strategic partnership with polyester fibre manufacturer Indorama Ventures.
The two companies will work together to “explore initiatives related to the rapid commercialisation of low-carbon, biobased materials”, they said.
One early step will be to evaluate production plants that Indorama already has in place in the US to assess their potential, with some modification, for the commercial production of biobased materials. Under this arrangement, Indorama would convert derivatives of Origin Materials’ platform chemical, chloromethylfurfural, into sustainable chemicals and biobased plastics.
California-based Origin Materials describes its technology platform as being carbon-negative. It converts sustainable wood residues into useful materials.
Another aspect of the partnership will be to examine the potential for using production samples of biobased materials in limited-volume product launches for high-profile brands.
