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Biobased Chemicals
Origin Materials to issue bonds for chloromethyl furfural plant
by Michael McCoy
January 12, 2023
| A version of this story appeared in
Volume 101, Issue 2
The Louisiana State Bond Commission has approved Origin Materials’ plan to issue up to $1.5 billion in tax-exempt bonds to finance the construction of a facility making chloromethyl furfural (CMF), a raw material for polyethylene terephthalate and other chemicals. The firm plans to build the $1.1 billion plant in Geismar, Louisiana, by 2025. Origin makes CMF by treating wood waste with hydrochloric acid. The firm expects to complete a smaller plant in Ontario this month.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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