---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285067009.md"
description: "Origin Materials shares are trading lower after the company announced it is selling its PET cap technology and an orderly wind down of operations. The company is reducing its workforce."
datetime: "2026-05-01T20:44:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285067009.md)
  - [en](https://longbridge.com/en/news/285067009.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285067009.md)
---

# 

Origin Materials shares are trading lower after the company announced it is selling its PET cap technology and an orderly wind down of operations. The company is reducing its workforce.

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