ChemBriefOrigin 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
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John Bissell
2 articles
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