Origin Materials(US:ORGN)2025-03-14 00:13Financial Outlook - Origin Materials expects revenue of $110 million to $140 million in 2026[8, 13] - The company anticipates achieving positive EBITDA on a run-rate basis in 2026[2, 8] Manufacturing and Production - Commercial production of the first CapFormer Line commenced in February 2025[12, 13, 15] - Origin Materials is on track for eight CapFormer Lines in 2025[8, 13] - The capital cost per CapFormer Line is in the single-digit millions[8] Market and Product - The company is targeting a greater than $65 billion market with its PET caps[10] - Origin's PET caps offer approximately 40x the carbon dioxide barrier compared to HDPE and approximately 30x the oxygen barrier[12] - The company's initial focus is on the 1881 format cap[8, 11] Customer Engagement - Multiple customer MOUs have been signed, with beverage products using Origin caps expected to be on shelves potentially as early as late Q2 2025 or in Q3 2025[14]