Origin Materials and Indorama enter into a partnership to accelerate the mass production of biobased materials
Type of post: NEWS IN BRIEF. Origin Materials and Indorama Ventures have signed a strategic memorandum of understanding to explore initiatives related to the rapid commercialization of low-carbon, biobased materials. Initiatives include evaluating the use of existing Indorama Ventures’ units in the United States with some modification to commercially produce biobased materials. Under this arrangement, Indorama Ventures would convert derivatives of Origin Materials’ platform chemical CMF (chloromethylfurfural) into various sustainable chemicals and biobased plastics. Press release: " Origin Materials and Indorama Ventures Announce a Strategic Partnership to Accelerate the Mass Production of Bio-Based Materials ", 09/05/2023. Under the MOU, the companies will also study the potential to use production samples of biobased materials in limited-volume product launches in partnership with high-profile brands. The materials could potentially be used in packaging, textiles, fi...