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Home Origin Materials Announces Organizational Streamlining to Further Support Caps and Closures Business

The following content is a news release distributed by . The original news release may be found here.

Origin Materials Announces Organizational Streamlining to Further Support Caps and Closures Business

WEST SACRAMENTO, Calif.--(BUSINESS WIRE)--Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), a technology company with a mission to enable the world’s transition to sustainable materials, today announced an organizational realignment that reflects the reallocation of resources to its caps and closures business and reduces overall cash burn to accelerate Origin’s timeline to profitability. “As near-term demand for Origin’s PET caps continues to increase, potentially exceeding our currently plann...

Read the full news release here

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