WEST SACRAMENTO – Origin Materials has joined the Alliance to End Plastic Waste, a global non-profit organisation.
The company has developed a platform for turning the carbon found in inexpensive, plentiful, non-food biomass such as sustainable wood residues into useful materials while capturing carbon in the process.
Origin’s carbon-negative PET is physically and chemically identical to fossil-based PET. Additionally, compared with fossil-based PET, Origin PET is equally recyclable within the existing infrastructure, which is critical to creating a circular economy with a significantly reduced carbon footprint.
Origin’s patented technology platform can help revolutionise the production of a wide range of end products, including clothing, textiles, plastics, packaging, car parts, tires, carpeting, toys, as well as nonwovens.
In addition, Origin’s technology platform is expected to provide stable pricing largely decoupled from the petroleum supply chain, which is exposed to more volatility than supply chains based on sustainable wood residues. Origin’s patented drop-in core technology, economics and carbon impact are supported by a growing list of major global customers and investors.
Members of the Alliance to End Plastic Waste include industry leaders across the plastics value chain, working towards a common goal of developing, deploying and scaling solutions to end plastic waste in the environment. As a member, Origin will work with fellow members to drive innovation and build a sustainable and circular global plastic value chain. Since plastics are widely used for their functional advantages, companies are aggressively seeking net zero or low carbon sustainable solutions to fossil-based plastics.
“Stakeholders across the manufacturing sector and end product markets recognise that to create a sustainable, circular economy, we must aggressively decarbonise the global plastics supply chain to mitigate the climate impact of plastic,” said Origin Materials co-CEO Rich Riley. “We are excited to join together with the Alliance to End Plastic Waste to drive awareness and technical expertise of carbon-negative innovations in reducing the footprint of plastics.”
