Bench-scale results validate Origin’s carbon
black as high-performance bio-based tire filler which can be
blended into mechanical rubber goods and automotive
applications
Origin Materials (“Origin”) (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 produced carbon black blends that perform at or exceed the
level of traditional fossil-based carbon black for N660, a widely
used and technically demanding performance specification for
automotive tires and mechanical rubber goods.
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Figure 1 Rubber compounds containing up
to 10% Origin carbon black blend showed equivalent or improved
performance compared with traditional fossil-based N660 ASTM carbon
black under stress-strain analysis. (Graphic: Business Wire)
The bench-scale achievement validates the potential for Origin’s
sustainable, bio-based, low-carbon carbon black to be used broadly
in the large, rapidly growing global carbon black market. The N660
specification represents a “gold standard” which Origin’s blended
product has achieved, indicating the potential for widespread
adoption of Origin’s carbon black not only in N660 applications,
but in less technically demanding specifications, as well.
The materials are expected to be highly sought-after within the
global carbon black market, which is experiencing a supply shortage
and in need of sustainable alternatives to petroleum-based carbon
black, in particular for the automotive industry which has made
extensive sustainability and net zero commitments.
For tire applications, Origin’s sustainable carbon black is
expected to be an attractive alternative to reclaimed carbon black
since it does not suffer the same performance limitations as
reclaimed carbon black and can even exceed the performance of
fossil-based materials. Origin’s carbon black could help tire
manufacturers develop sustainable high-performance products that go
beyond the constraints of reclaimed carbon black, which is
typically added into fossil carbon black as a 5-10% blend.
The achievement demonstrates the flexibility and transformative
potential of Origin’s patented technology platform, which can turn
the carbon found in sustainable wood residues into useful materials
while capturing carbon in the process. In addition to
sustainability and performance advantages, Origin’s carbon black
contains no detectable levels of PAH (polycyclic aromatic
hydrocarbons).
“We have made several carbon black blends that meet or exceed
the performance of N660, a highly technical carbon black
specification, and we look forward to further increasing the
proportion of our material in similar blends in the future in a
stepwise fashion, typical of carbon black development programs for
tires and other applications,” said Origin Materials Co-Founder and
Co-CEO John Bissell. “Our material is uniquely tunable, meaning we
can customize it to meet the needs of customers, including for
other grades of carbon black that are far less technically
demanding. Factoring in its expected low carbon footprint and the
absence of PAHs, Origin’s carbon black is a game changer and an
attractive alternative to reclaimed carbon black, in particular. I
couldn’t be prouder of our team and we are excited to continue
moving forward in our efforts to decarbonize the world’s
materials.”
Technical Overview
With support from Akron Rubber Development Laboratory, Inc.
(“ARDL”), a leading international laboratory for the rubber and
plastic industries, Origin performed a study blending Origin’s
carbon black into traditional fossil-based carbon black for the
N660 specification using a standard tire recipe. The stress-strain
performance of the blended rubber compound was analyzed (Figure 1).
Compared with fossil-based N660 carbon black, blends of up to 10%
Origin carbon black showed equivalent or improved performance.
In addition, the study found that, compared with 100%
fossil-based carbon black, blends containing Origin’s carbon black
could achieve superior dispersion and tan delta, qualities which
offer performance advantages in tires related to durability and
fuel economy.
The results demonstrate the suitability of Origin’s carbon black
as a bio-based, low-carbon emission filler for diverse applications
including the high-performance N660 specification, suggesting broad
potential for use in other specifications and applications, as
well.
Origin’s carbon black is made by treating HTC (hydrothermal
carbon), a unique material produced from Origin’s core process and
which forms from the interaction of lignin and CMF (chloromethyl
furfural) during the conversion of the biomass. Origin’s HTC can be
tuned to achieve custom performance criteria, including for carbon
black, by controlling process conditions and post-processing.
Carbon black derived from Origin’s HTC is physically similar to
fossil-based carbon black, with primary particles clustered into
“grapelike” aggregates with complex structure (Figure 2). Compared
with fossil-based carbon black, Origin’s carbon black offers an
enhanced ability to manipulate surface chemistry and morphology,
making it a particularly versatile material in addition to offering
sustainability and performance benefits.
Origin is committed to addressing the most pressing
sustainability and performance challenges in the carbon black
industry, enabling net zero goals across mechanical rubber goods,
automotive, and other applications. For more information, visit
https://www.originmaterials.com/products/carbon-black.
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, fuels, 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.
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, estimated total addressable market,
access to traditional financing sources, budget and timelines to
complete Origin 1 and Origin 2, ability to convert capacity
reservations and offtake agreements into revenue, ability to enter
new end-markets, ability to develop new product categories,
commercial and operating plans, product development plans,
anticipated growth and projected financial information and ability
to realize the anticipated benefits, performance, or rates of
adoption of Origin’s carbon black discussed in the press release.
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; the uncertainty of the projected
financial information with respect to Origin; disruptions and other
impacts to Origin’s business as a result of outbreaks such as the
COVID-19 pandemic, Russia’s military intervention in Ukraine, the
impact of severe weather events, 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 U.S.
Securities and Exchange Commission on February 23, 2023 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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