Nov 14, 2024 at 5:00 PM EST
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.
– Completed Factory Acceptance Test for 1st PET Cap Manufacturing System, Production Timing on Track – – Test Attended by Multiple Prospective Customers Totaling >100 Billion in Annual Caps Consumption – – Targeting Eight or More CapFormer Systems Online by End of 2025, Expected to be Sufficient to
WEST SACRAMENTO, Calif. --(BUSINESS WIRE)--Oct. 31, 2024-- Origin Materials, Inc. (“Origin,” “Origin Materials,” or “the Company”) (Nasdaq: ORGN, ORGNW), today announced that it will release its third quarter 2024 results after market close on Thursday, November 14, 2024 , to be followed by a
— 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