| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MF Michael Fogel Fogel Capital Management, Inc. | 55,000 | $2,079 | - | -$2,046 | -98.41% |
| LC Leslie Childs MB Levis & Associates LLC | 2,000 | $1,740 | - | -$1,738.8 | -99% |
| Chemicals Industry | Materials Sector | John Bissell CEO | NASDAQ (CM) Exchange | 68622D114 CUSIP |
| US Country | 109 Employees | - Last Dividend | - Last Split | 4 Sep 2020 IPO Date |
Origin Materials, Inc., headquartered in West Sacramento, California, operates as a pioneering carbon-negative materials company. Distinguished by its unique approach, the company focuses on transforming biomass, a renewable plant-based carbon source, into valuable chemicals and materials through its proprietary conversion technology. This innovative process not only supports the creation of sustainable products but also contributes to reducing carbon footprints, positioning Origin Materials at the forefront of eco-friendly material production.
As one of its flagship products, Origin Materials produces chloromethylfurfural (CMF), a versatile chemical building block derived from biomass. CMF serves as a critical ingredient in the creation of various sustainable materials, including plastics, resins, and fibers, showcasing the company's commitment to reducing reliance on fossil fuels.
Another innovative product from Origin Materials is hydrothermal carbon, a high-value substance obtained through the company's proprietary conversion process. This product finds applications in water purification, soil enhancement, and as a renewable base for the production of carbon-negative materials, underlining the company's dedication to environmental sustainability.
Origin Materials also specializes in the production of various oils and extractives derived from biomass. These natural products are used in a wide range of industries, from cosmetics and pharmaceuticals to food and energy, providing sustainable alternatives to traditional petroleum-based inputs.
The process of converting biomass into high-value chemicals and materials also results in the production of other co-products. These include a variety of biomaterials and chemicals that further support the company’s mission of leveraging renewable resources to create sustainable and ecologically friendly products.