World’s leading carbon-negative materials
company joins the ranks of SpaceX, Tesla, Moderna, Beyond Meat, and
more
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 named to Fast Company’s
prestigious annual list of the World’s Most Innovative Companies
for 2022.
This year’s list honors businesses that Fast Company determined
are making the biggest impact on their industries and culture as a
whole—ultimately thriving in today’s ever-changing world. These
companies are creating the future today with some of the most
inspiring accomplishments of the 21st century. In addition to the
World's 50 Most Innovative Companies, 528 organizations are
recognized across 52 categories.
Origin Materials has developed a patented platform for turning
the carbon found in sustainable wood residues into useful
materials, including clothing, textiles, plastics, packaging, car
parts, tires, carpeting, toys, and more, while capturing carbon in
the process.
“The past year has been momentous for Origin Materials as we
continue to drive innovation and decarbonization in the materials
industry,” said Origin Co-CEO Rich Riley. “We are honored to be
named to Fast Company’s list of the World’s Most Innovative
Companies for 2022 as we deploy our platform technology to make
‘net zero’ a reality for a growing number of customers and partners
around the world.”
Fast Company’s editors and writers sought out the most
groundbreaking businesses across the globe and industries. They
also judged nominations received through their application process.
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.
The World’s Most Innovative Companies is Fast Company’s
signature franchise and one of its most highly anticipated
editorial efforts of the year. It provides both a snapshot and a
road map for the future of innovation across the most dynamic
sectors of the economy.
“The world’s most innovative companies play an essential role in
addressing the most pressing issues facing society, whether they’re
fighting climate change by spurring decarbonization efforts,
ameliorating the strain on supply chains, or helping us reconnect
with one another over shared passions,” said Fast Company Deputy
Editor David Lidsky.
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 Fast Company
Fast Company is the only media brand fully dedicated to the
vital intersection of business, innovation, and design, engaging
the most influential leaders, companies, and thinkers on the future
of business. Headquartered in New York City, Fast Company is
published by Mansueto Ventures LLC, along with our sister
publication Inc., and can be found online at
www.fastcompany.com.
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;
and those factors discussed in the Annual Report on Form 10-K filed
with the SEC on March 1, 2022 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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Origin Materials Investors: ir@originmaterials.com
Media: media@originmaterials.com
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