NASDAQ:ORGN

Origin Materials Introduces World’s First Tethered PET Beverage Cap for Improved Recycling Circularity

Retrieved on: 
Tuesday, May 7, 2024

Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced another innovation in its PET caps and closures portfolio: the world’s first tethered PET cap.

Key Points: 
  • Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced another innovation in its PET caps and closures portfolio: the world’s first tethered PET cap.
  • “Tethered caps are designed to stay connected to the container and thereby improve cap collection rates for recycling.
  • Our PCO 1881-compatible cap is the first of its kind ever to be commercially produced with 100% PET.
  • Origin PET caps, including our tethered cap, may be produced with any kind of PET material, whether it’s virgin PET, recycled PET (rPET), or bio-based PET.

Origin Materials Introduces World’s First CSD (Carbonated Soft Drink) PET Cap, the Lightest of its Kind Ever Produced Commercially

Retrieved on: 
Monday, May 6, 2024

The initial product is the world’s lightest CSD (carbonated soft drink) cap compatible with the PCO 1881 neck finish, the first of its kind ever to be commercially produced with 100% PET and able to be produced with either virgin or recycled PET (rPET).

Key Points: 
  • The initial product is the world’s lightest CSD (carbonated soft drink) cap compatible with the PCO 1881 neck finish, the first of its kind ever to be commercially produced with 100% PET and able to be produced with either virgin or recycled PET (rPET).
  • View the full release here: https://www.businesswire.com/news/home/20240506783445/en/
    Origin CSD 1881 PET caps running on a commercial bottling line (Photo: Business Wire)
    “There are hundreds of different kinds of caps and closures in container packaging.
  • Origin’s first-of-its-kind, high-throughput production system will make the world’s first PET caps and closures at commercial scale, available beginning in Q4 2024.
  • To learn more about Origin’s PET caps and closures, visit our website or contact [email protected] .

Origin Materials Partners with IMDvista on World’s First PET Cap and Closure Manufacturing System

Retrieved on: 
Thursday, May 2, 2024

Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and IMDvista (“IMD”), a Swiss high-tech company specializing in the vision inspection of closures and other packaging components, announced a strategic partnership to produce the world’s first PET cap and closure manufacturing system.

Key Points: 
  • Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and IMDvista (“IMD”), a Swiss high-tech company specializing in the vision inspection of closures and other packaging components, announced a strategic partnership to produce the world’s first PET cap and closure manufacturing system.
  • “Best-in-class manufacturing partners like IMD are providing subsystems for our production line.
  • Together we are doing something nobody has done before: we are building the world’s first commercial-scale PET cap and closure manufacturing system,” said Origin Co-CEO and Co-Founder John Bissell.
  • “Our high-throughput system will allow us to bring the recycling, sustainability, and performance benefits of our PET cap and closure solution to the world.

Origin Materials Announces First Quarter 2024 Earnings Release Date and Conference Call

Retrieved on: 
Wednesday, May 1, 2024

Origin Materials, Inc. (“Origin,” “Origin Materials,” or “the Company”) (Nasdaq: ORGN, ORGNW), today announced that it will release its first quarter 2024 results after market close on Tuesday, May 14, 2024, to be followed by a conference call at 5:00 p.m. Eastern Time on the same day.

Key Points: 
  • Origin Materials, Inc. (“Origin,” “Origin Materials,” or “the Company”) (Nasdaq: ORGN, ORGNW), today announced that it will release its first quarter 2024 results after market close on Tuesday, May 14, 2024, to be followed by a conference call at 5:00 p.m. Eastern Time on the same day.
  • The conference call can be accessed live over the phone by dialing +1-877-300-8521 (domestic) or +1-412-317-6026 (international).
  • A telephonic replay will be available approximately three hours after the call by dialing 1-844-512-2921, or for international callers, +1-412-317-6671.
  • Origin management will incorporate responses to a selection of shareholders’ frequently asked questions during the webcast.

Origin Materials Partners with PackSys Global on World’s First PET Cap and Closure Manufacturing System

Retrieved on: 
Tuesday, April 30, 2024

Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and PackSys Global AG (“PackSys Global”), the leading packaging machine producer for plastic closure slitting machines, announced a strategic cooperation to produce the world’s first PET cap and closure manufacturing system.

Key Points: 
  • Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and PackSys Global AG (“PackSys Global”), the leading packaging machine producer for plastic closure slitting machines, announced a strategic cooperation to produce the world’s first PET cap and closure manufacturing system.
  • View the full release here: https://www.businesswire.com/news/home/20240430089236/en/
    Origin Materials PET cap (Photo: Business Wire)
    “Our high-throughput production system is the first of its kind, designed to do something nothing else can: make PET caps and closures at commercial scale,” said Origin Co-CEO and Co-Founder John Bissell.
  • “Our system will allow us to bring the recycling, sustainability, and performance benefits of our PET cap and closure solution to the world.
  • In conjunction with world-class partners like PackSys Global, we are solving the most difficult sustainability challenges, in alignment with our core mission to help transition the world to sustainable materials.

Origin Materials Converts Wood Residue Feedstock into Sustainable Intermediates at Commercial-Scale Plant

Retrieved on: 
Wednesday, April 3, 2024

Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced the successful conversion of wood residue feedstock into sustainable intermediates at Origin 1, its first commercial-scale plant.

Key Points: 
  • Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced the successful conversion of wood residue feedstock into sustainable intermediates at Origin 1, its first commercial-scale plant.
  • View the full release here: https://www.businesswire.com/news/home/20240403917775/en/
    “This week we brought sustainable wood residue feedstock online for our biomass conversion technology at Origin 1,” said John Bissell, Co-Founder and Co-CEO of Origin Materials.
  • “This marks an evolution from the corn starch-based production we have employed since commencement of plant operations in October of last year.
  • The commercial-production scale wood mill and wood handling system performed to specification, mechanically conveying wood residues from feed inventory into the reaction system.

Origin Materials, Inc. Reports Operating and Financial Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Thursday, February 29, 2024

Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (Nasdaq: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (Nasdaq: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced financial results for its fourth quarter and year ended December 31, 2023.
  • Net loss was $10.4 million for the fourth quarter compared to net income of $16.0 million in the prior-year period.
  • Adjusted EBITDA loss was $11.0 million for the fourth quarter compared to $9.2 million in the prior-year period.
  • Company management will host a webcast and conference call on February 29, 2024, at 5:00 p.m. Eastern Time, to discuss the Company's financial results.

Origin Materials Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

Retrieved on: 
Thursday, February 15, 2024

Origin Materials, Inc. (“Origin,” “Origin Materials,” or “the Company”) (Nasdaq: ORGN, ORGNW), today announced that it will release its fourth quarter 2023 results after market close on Thursday, February 29, 2024, to be followed by a conference call at 5:00 p.m. Eastern Time on the same day.

Key Points: 
  • Origin Materials, Inc. (“Origin,” “Origin Materials,” or “the Company”) (Nasdaq: ORGN, ORGNW), today announced that it will release its fourth quarter 2023 results after market close on Thursday, February 29, 2024, to be followed by a conference call at 5:00 p.m. Eastern Time on the same day.
  • The conference call can be accessed live over the phone by dialing +1-855-327-6837 (domestic) or +1-631-891-4304 (international).
  • A telephonic replay will be available approximately three hours after the call by dialing 1-844-512-2921, or for international callers, +1-412-317-6671.
  • The conference ID for the live call and pin number for the replay is 10022946.

Origin Materials Announces Organizational Streamlining to Support Priority Initiatives

Retrieved on: 
Monday, November 20, 2023

Origin Materials , Inc. (“Origin,” “Origin Materials,” or the “Company”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced an organizational realignment that reflects the acceleration of higher margin revenue opportunities and the deferral of research programs with strong, but longer-term economic impacts.

Key Points: 
  • Origin Materials , Inc. (“Origin,” “Origin Materials,” or the “Company”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced an organizational realignment that reflects the acceleration of higher margin revenue opportunities and the deferral of research programs with strong, but longer-term economic impacts.
  • “The changes we are implementing support our plan to execute priority initiatives representing high-margin, near-term opportunities, while deferring some research programs with strong, but longer-term economic impacts.
  • We are deeply appreciative of their contributions to Origin and will do our best to support them in future endeavors.”
    Origin expects the workforce changes to be largely completed today, November 20, 2023.
  • “The fundamentals of our business and the global macro drivers of our carbon-negative materials platform remain strong,” said Bissell.

Origin Materials, Inc. Reports Operating and Financial Results for Third Quarter 2023

Retrieved on: 
Thursday, November 9, 2023

Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (Nasdaq: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (Nasdaq: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced financial results for its third quarter ended September 30, 2023.
  • Third quarter and recent business highlights include:
    Origin Materials Announces Commencement of Commercial-Scale Production at Origin 1 .
  • Following the close of the second quarter, the Company announced the commencement of commercial-scale production at Origin 1, located in Sarnia, Ontario, Canada.
  • Company management will host a webcast and conference call on November 9, 2023, at 5:00 p.m. Eastern Time, to discuss the Company's financial results.