What is the duration of the partnership and are there renewal or expansion clauses? | ORGN (Aug 06, 2025) | Candlesense

What is the duration of the partnership and are there renewal or expansion clauses?

Answer

The press release does not disclose any specifics regarding the length of the partnership or whether it contains renewal or expansion provisions. The announcement only states that Berlin Packaging has agreed to purchase Origin Materials’ “PET 1881” bottle‑cap material for resale to its customers. No term, expiration date, option‑to‑renew language, or clause describing future expansion of the relationship is mentioned in the information provided.

What this means

Aspect Information in the release Implication
Contract duration Not stated The partnership could be a short‑term pilot, a multi‑year supply agreement, or an open‑ended arrangement; the exact term is unknown.
Renewal clause Not mentioned We cannot confirm whether either party has the right to automatically extend the agreement.
Expansion clause Not mentioned It is unclear if the agreement includes provisions for scaling up volume, adding new product formats, or extending to additional regions or customers.

Bottom line: Based on the provided news excerpt, the partnership’s duration and any renewal or expansion clauses are not disclosed. For those details you would need to refer to the full press release, the companies’ SEC filings (e.g., 8‑K, 10‑Q), or a direct statement from Origin Materials or Berlin Packaging.