Origin Materials and Hyosung Advanced Materials Corp. announced a partnership to industrialize sustainable high-value specialty materials. As part of the partnership, Hyosung Advanced Materials signed a multi-year capacity reservation agreement to purchase sustainable carbon-negative materials from Origin Materials, including PET and a hybrid polymer PET/F (a blend of PET and FDCA) for use in tire cord applications, HTC for use in battery materials, as well as furanic derivatives for use in spandex applications in the apparel industry.

The partnership will leverage Origin's patented technology platform, which can turn the carbon found in sustainable wood residues into useful materials while capturing carbon in the process. The materials will support Hyosung Advanced Materials' broader sustainability effort to address climate change with a focus on carbon neutrality and eco-friendly business sectors.