Origin Materials, Inc. is a technology company. The Company has developed multiple sustainable solutions for improving recycling and circularity, including its polyethylene terephthalate (PET) closures, as well as low-carbon material solutions for products and applications. Its PET closures enable recyclable PET beverage containers and reduce waste through lightweighting, providing oxygen and carbon dioxide (CO2) barrier properties that can increase shelf-life. Its furanics technology transforms sustainable feedstocks, such as sustainably harvested wood, agricultural waste, wood waste and corrugated cardboard, into materials and products that are made from fossil feedstocks, such as petroleum and natural gas. Its technology transforms biomass into intermediate chemicals such as chloromethylfurfural (CMF) and hydrothermal carbon (HTC), which refer to Furanic Intermediates.