Origin Materials, Inc. Warrants - ORGNW STOCK NEWS

Origin Materials, a leading carbon negative materials company, announced participation in two upcoming investor conferences. The Fermium Research Chemicals Conference is scheduled for May 3-4, 2023 in New York, NY, where Co-CEOs John Bissell and Rich Riley will meet institutional investors on May 4. They will also participate in a fireside chat at the UBS Sustainable Packaging Materials ESG Virtual Conference on May 10, 2023. Origin's mission focuses on transitioning the world to sustainable materials, utilizing technology that converts non-food biomass into valuable products while capturing carbon. The addressable market for Origin's innovations is estimated at $1 trillion, with a price structure less vulnerable to petroleum volatility. More information can be found on their Investor Relations website.

Origin Materials has partnered with Minafin's Green Chemistry Division to enhance its manufacturing capabilities for sustainable chemicals. This collaboration focuses on the conversion of chloromethylfurfural (CMF) produced at Origin’s first commercial plant into various high-value products and intermediates. The partnership aims to leverage Origin's patented technology related to sustainable wood residues and Minafin's extensive manufacturing expertise.

Both companies are committed to expanding the bio-based supply chain, targeting applications such as bio-based polyethylene terephthalate (PET). This strategic initiative is expected to strengthen Origin's commercialization strategy and support its mission to transition the world to sustainable materials.

Origin Materials, a carbon negative materials company, announced that Co-Founder and Co-CEO John Bissell will meet with institutional investors at the Credit Suisse Carbon Negative Conference 3.0 on April 20, 2023, in San Francisco, CA. The company aims to transition the world to sustainable materials using its technology that converts biomass into valuable products while capturing carbon. With a potential market of approximately $1 trillion, Origin's platform includes applications in textiles, plastics, fuels, and more. The technology offers pricing stability, decoupled from volatile petroleum markets, supported by a growing list of global customers. More information can be found on their Investor Relations website.

Origin Materials has appointed Craig Rogerson and R. Tony Tripeny to its Board of Directors, effective May 1. Both directors bring extensive experience in operations, corporate finance, and strategy, particularly in the chemicals and materials science sectors. Their expertise is expected to bolster Origin's mission to transition towards sustainable materials, with strong backing from over $9.3 billion in customer demand. Rogerson has a robust background, including leadership roles at Hexion Inc. and Chemtura Corporation, while Tripeny has a notable history with Corning, Incorporated. This management change is anticipated to accelerate growth and enhance operational capabilities.

Origin Materials has achieved significant milestones by producing carbon black blends that meet or exceed the N660 performance specification, commonly used in automotive tires and mechanical rubber goods. This breakthrough positions Origin's sustainable, bio-based carbon black as a viable alternative to traditional fossil-based options, particularly in a market facing supply shortages. The blends demonstrate comparable or enhanced performance while being free from polycyclic aromatic hydrocarbons (PAHs). Given the automotive industry's push towards sustainability, Origin's technology could meet burgeoning demand effectively, projecting strong market potential.

Origin Materials has entered into a multi-year capacity reservation agreement with Hyosung Advanced Materials to supply sustainable carbon-negative materials. The partnership focuses on materials such as PET and hybrid polymer PET/F for applications in tire cord, batteries, and spandex. This collaboration leverages Origin's patented technology to transform sustainable biomass into valuable products while capturing carbon. The agreement supports Hyosung's sustainability goals and showcases their commitment to eco-friendly practices. The deal signifies a strategic move toward net-zero emissions and a leadership position in the renewable materials space.

Origin Materials, a leading carbon negative materials company, announced that Co-Founder and Co-CEO John Bissell will participate in two key conferences. He will speak at the CERAWeek Innovation Agora Conference in Houston, Texas on March 7, 2023, addressing the role of materials in decarbonizing the economy. Subsequently, he will present at the 2023 Advanced Bioeconomy Leadership Conference in Washington, D.C. on March 24, 2023, discussing the company's carbon-negative technology. Origin aims to revolutionize sustainable materials with a potential market of ~$1 trillion, leveraging its patented technology.

Origin Materials, the leader in carbon negative materials, announced significant milestones, including the mechanical completion of its first commercial plant, Origin 1, with commissioning expected in Q2 2023. The Louisiana State Bond Commission approved financing of up to $1.5 billion for the construction of Origin 2. Origin also formed a strategic partnership with Avantium to mass-produce sustainable FDCA and PEF. The company projects revenue for 2023 between $40 million and $60 million, with an adjusted EBITDA loss expected between $50 million and $60 million.