NEWS RELEASE
SARNIA, Ontario – Origin Materials announced that it will locate its oxidation pilot plant at the Western Sarnia-Lambton Research Park for terephthalic acid (PTA) and furandicarboxylic acid (FDCA) production. Origin recently purchased this asset from Eastman Chemical Company. This major applications development ($6 million) project is being supported by Bioindustrial Innovation Canada through its COMM SCI initiative with its partners; Lambton College and the Western Sarnia-Lambton Research Park. This project will include the relocation, commissioning and process validation of the pilot plant. BIC will provide advice, services and financial support for the removal of technical and market application barriers to commercialization of bio-based PTA and FDCA to enable commercial production of bio-based polyethylene terephthalate (PET) and polyethylene furanoate (PEF).
In a recent news release, Eastman Chemical Company, headquartered in Tennessee, USA, announced that, in addition to the sale of the pilot plant, Eastman and Origin Materials have entered into an agreement for Eastman to license its proprietary 2,5-Furandicarboxylic Acid and FDCA derivatives production technology from renewable resources to Origin Materials. Terms of the deal were not disclosed.
Earlier this year, Bioindustrial Innovation Canada (BIC) announced a COMM SCI investment in Origin Materials, Sacramento, California, through BIC’s Sustainable Chemistry Alliance (SCA) investment fund, as part of an investment round that will see Origin construct its first commercial scale demonstration facility in Sarnia in late 2018.
Sandy Marshall, Executive Director, BIC stated, “Locating this oxidation pilot plant in Sarnia is further recognition of the great innovation potential within the Sarnia-Lambton area. BIC is very excited to support Origin and their activities. There are many benefits to producing products and conducting applied research within a strong industrial biotechnology cluster.”
Dr. Mehdi Sheikhzadeh, Executive Dean of Applied Research and Innovation at Lambton College stated: “This project is another very successful example of attracting international companies to our region that will utilize our strong collaborative effort in our community to expand the Sarnia-Lambton Bio Hybrid Chemistry Cluster.”
For more information, please contact:
A.J. (Sandy) Marshall
Executive Director,
Bioindustrial Innovation Canada
Tel: 226.778.0020 ext. 237
Or
Stephen Galowitz, Chief Commercial Officer, Origin Materials Tel: 914.588.0221
-About Origin Materials
Origin Materials produces cost-advantaged bio-based intermediates from lignocellulosic raw materials. The company’s intermediates can be used to make new polymers, surfactants, and carbon blacks, each with differentiated performance. For more information, visit http://www.originmaterials.com/
About Bioindustrial Innovation Canada
Bioindustrial Innovation Canada (BIC) is a nationally focused not-for-profit organization based in Sarnia, Ontario. The Centre for Commercialization of Sustainable Chemistry Innovation (COMM SCI) acts as a hub for the commercialization of sustainable chemistry and bio-based innovation, providing businesses and technical support to participating small- and medium-sized enterprises (SMEs) in southern Ontario. COMM SCI was established with support from the Federal Economic Development Agency for Southern Ontario’s (FedDev Ontario) Investing in Regional Diversification initiative with additional support from the Government of Ontario Ministry of Research, Innovation and Science. Bioindustrial Innovation Canada creates jobs and economic value sustainably for Canada. We provide critical strategic investment, advice and services to business developers of clean, green and sustainable technologies. Our expertise in commercialization builds a stronger Canada. For more information, visit http://www.bincanada.ca