SACRAMENTO, Calif.—Origin Materials announced two recent deals designed to expand its reach in the rubber and plastics industries.
The Sacramento-based company signed an offtake agreement with distributor Intertex World Resources where Intertex would purchase sustainable carbon black that is 100-percent bio-content filler. Under the agreement between the two companies, pigment produced from sustainable wood residues is used rather than petroleum. This reduces carbon emissions and fossil resource consumption. The end product is a sustainable carbon-negative carbon black set of products for use in the rubber compounding and plastics masterbatch industries.
Origin also announced a partnership with ATC Plastics to bring its bio-content carbon black to the plastics industry. Origin's carbon black, made from Origin's HTC, is a versatile, 100-percent bio-content filler and pigment. Like traditional petroleum-based carbon black, it can be used in a wide range of applications including belts and hoses, mechanical rubber goods, tires, plastic masterbatches and toners.
The partnership with Intertex aims to produce carbon black for tires, including N660, N550, and N762 specifications, as well as for additional applications on behalf of mechanical rubber goods markets. Origin is a carbon negative materials company that has operated in the carbon black field for nearly a decade, said the company's Co-CEO John Bissell. The company has experienced double-digit annual growth in the space regularly.
Origin and Intertex developed a productive relationship within the last few years, culminating in this formal partnership.