John Bissell

2 articles

Origin Materials to Shut Down, Sell PET Cap Design

Origin Materials is winding down operations and selling its PET cap technology due to financing issues, resulting in 59% layoffs and an interim CEO appointment.

Resource Recycling · 2026-05-06 17:38

Origin Materials (NASDAQ: ORGN) Plans Liquidation, 59% Layoffs and CEO Change

Origin Materials approved a complete liquidation plan involving a 59% workforce reduction and CEO transition to maximize shareholder value through asset sales. CFO Matt Plavan will serve as Interim CE

Stock Titan · 2026-05-01 20:09