Origin Materials Wins BIG Innovation Award for Disruptive Carbon Negative Materials Technology
January 11 2022 - 9:15AM
Business Wire
Origin Materials, Inc. (“Origin” or “Origin Materials”) (NASDAQ:
ORGN, ORGNW), the world’s leading carbon negative materials company
with a mission to enable the world’s transition to sustainable
materials, today announced it has been recognized by the Business
Intelligence Group for its leadership in innovation, as part of the
2022 BIG Innovation Awards.
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the full release here:
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Origin Materials received the award for its patented,
category-leading breakthrough technology built around converting
low-cost, sustainable wood residues into decarbonized, supply chain
ready materials. In September 2021, Origin was the recipient of The
Sustainability Leadership Award by the Business Intelligence
Group’s 2021 Sustainability Awards program, honoring companies that
have made sustainability an integral part of their business
practice.
“Origin Materials is delivering sustainable innovation to the
global materials supply chain,” said Origin Co-CEO Rich Riley. “We
are honored to receive the BIG Innovation Award as we deploy our
platform technology to make ‘net zero’ a reality for our customers
and deliver on our mission to enable the world’s transition to
sustainable materials.”
“Innovation is driving growth in the global economy,” said Maria
Jimenez, Chief Operating Officer of the Business Intelligence
Group. “We are thrilled to be honoring Origin Materials as they are
one of the organizations leading this charge and helping humanity
progress.”
Organizations from across the globe submitted their recent
innovations for consideration in the BIG Innovation Awards.
Nominations were then judged by a select group of business leaders
and executives who volunteer their time and expertise to score
submissions.
Past honorees of the BIG Innovation Awards include Google, IBM,
PepsiCo, Colgate-Palmolive, and Dow. For more information about the
BIG Innovation awards, visit
http://www.bintelligence.com/big-innovation-awards/.
About Origin Materials Headquartered in West Sacramento,
Origin Materials is the world's leading carbon negative materials
company. Origin’s mission is to enable the world’s transition to
sustainable materials. For over a decade, Origin 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 patented
technology platform can help revolutionize the production of a wide
range of end products, including clothing, textiles, plastics,
packaging, car parts, tires, carpeting, toys, and more with a ~$1
trillion addressable market. 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.
For more information, visit www.originmaterials.com.
About Business Intelligence Group The Business
Intelligence Group was founded with the mission of recognizing true
talent and superior performance in the business world. Unlike other
industry award programs, these programs are judged by business
executives having experience and knowledge. The organization’s
proprietary and unique scoring system selectively measures
performance across multiple business domains and then rewards those
companies whose achievements stand above those of their peers.
Cautionary Note on Forward-Looking Statements This press
release contains certain forward-looking statements within the
meaning of the federal securities laws. Forward-looking statements
generally are accompanied by words such as “believe,” “may,”
“will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,”
“should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,”
“future,” “outlook,” and similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. These forward-looking statements include, but
are not limited to, statements regarding Origin Materials’ business
strategy and estimated total addressable market. These statements
are based on various assumptions, whether or not identified in this
press release, and on the current expectations of the management of
Origin Materials and are not predictions of actual performance.
These forward-looking statements are provided for illustrative
purposes only and are not intended to serve as, and must not be
relied on as, a guarantee, an assurance, a prediction, or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are
beyond the control of Origin Materials. These forward-looking
statements are subject to a number of risks and uncertainties,
including that Origin Materials may be unable to successfully
commercialize its products; the effects of competition on Origin
Materials’ business; disruptions and other impacts to Origin
Materials’ business as a result of the COVID-19 pandemic and other
global health or economic crises; changes in customer demand;
failure to realize the anticipated benefits of the business
combination; and those factors discussed in the Quarterly Report on
Form 10-Q filed with the SEC on November 12, 2021 under the heading
“Risk Factors,” and other documents Origin Materials has filed, or
will file, with the SEC. If any of these risks materialize or our
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. There
may be additional risks that Origin Materials presently does not
know, or that Origin Materials currently believes are immaterial,
that could also cause actual results to differ from those contained
in the forward-looking statements. In addition, forward-looking
statements reflect Origin Materials’ expectations, plans, or
forecasts of future events and views as of the date of this press
release. Origin Materials anticipates that subsequent events and
developments will cause its assessments to change. However, while
Origin Materials may elect to update these forward-looking
statements at some point in the future, Origin Materials
specifically disclaim any obligation to do so. These
forward-looking statements should not be relied upon as
representing Origin Materials’ assessments of any date subsequent
to the date of this press release. Accordingly, undue reliance
should not be placed upon the forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20220111005521/en/
Origin Materials Investors: ir@originmaterials.com Media:
media@originmaterials.com
Business Intelligence Group Maria Jimenez Chief Operating
Officer Business Intelligence Group jmaria@bintelligence.com +1
(909) 529-2737
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