Origin is a technology company with a mission to enable the world’s transition to sustainable materials. Our innovations include PET caps and closures that bring recycling circularity and enhanced performance to a ~$65 billion market, specialty materials, and our patented biomass conversion platform that transforms carbon into sustainable materials for a wide range of end products.
— Origin is Reallocating Resources to Caps and Closures and Reducing Overall Cash Burn to Accelerate Timeline to Profitability — — Origin 1 to Operate “On Demand” for Customer Sample Production — — Maintains 2024 Financial Guidance, Timeline for PET Cap Commercial Production and Revenue — WEST
— Origin CapFormer System is a Breakthrough for Recycling Circularity and Packaging Performance — — Novel Applications of Thermoforming , Slit-and-Fold Technology, and Key Proprietary Design Elements Unlock Use of PET for Commercial-Scale Cap Manufacturing — — Successful Commercial-Speed Factory
– Announces Signed Customer Memorandum of Understanding For Over $100 Million of PET Caps – – Reaffirms PET Cap Commercial Production on Track to Begin in Fourth Quarter 2024, With Caps Revenue Ramp-Up to Begin in First Quarter 2025 – – Reaffirms Pathway to Profitability Requiring No Additional