Origin Materials Inc Stock Price, News & Analysis

Origin Materials, Inc. (NASDAQ: ORGN, ORGNW) will announce its Q3 2022 results on November 3, 2022, after market close, followed by a conference call at 5:00 p.m. ET. Interested parties can access the call via webcast on their investor relations site or by phone. The company invites shareholders to submit questions for the Q&A session using #askorigin. Origin Materials focuses on sustainable materials through its patented technology, aiming to address a market worth approximately $1 trillion and ensuring stable pricing independent of volatile petroleum supply chains.

Origin Materials (NASDAQ: ORGN, ORGNW), a carbon negative materials company, announced that Co-Founder and Co-CEO John Bissell will participate in the Advanced Bioeconomy Leadership Conference (ABLC NEXT 2022) in San Francisco. He is scheduled to speak at the "Hot Projects Summit" on October 27th at 4:30 PM PT. The conference addresses key issues in the circular bioeconomy, focusing on renewable chemicals and materials. More information about the conference can be found here.

Origin Materials, a carbon negative materials company, announced participation in two upcoming investor conferences. Co-CEO Rich Riley will speak at the Bernstein ESG Conference in New York on September 13, 2022. Co-Founder John Bissell will meet with investors at the Credit Suisse Carbon Negative Conference in San Diego from September 14-16, 2022. Origin aims to transform biomass into sustainable materials, with a $1 trillion addressable market. For more details, visit Origin's Investor Relations.

Origin Materials reported strong demand for its carbon-negative materials, increasing contracted offtake agreements and capacity reservations to $8.1 billion, up from $7.4 billion in May 2022. The company maintains its 2022 Adjusted EBITDA outlook for a loss of up to $36 million and capital expenditure estimate of up to $175 million. Origin 1 construction remains on track with a budget of $125 million to $130 million, while Origin 2 financing is fully funded with anticipated state incentives exceeding $100 million. The company continues to expand partnerships within diverse markets, including beauty and automotive.

Origin Materials (NASDAQ: ORGN, ORGNW) has partnered with ATC Plastics to supply sustainable carbon-negative carbon black for plastic manufacturing. This partnership aims to enhance various plastic applications, including plastic masterbatch and extrusion processes, leveraging Origin's patented technology that uses sustainable wood residues. The carbon black market is projected to reach $26 billion by 2025, with plastics expected to be a major growth area. The collaboration is timely, addressing the industry's tight supply of carbon black.