Origin SPAC Presentation Deck
Origin is pursuing a capital efficient strategy to optimize CAPEX
Origin is keenly aware that capital
efficiency will be the major driver of
its long term profitability.
For this reason, Origin is pursuing a
pulp mill "brownfield" CAPEX strategy
to save ~$100Mn on its total
commercial plant CAPEX
Wood chip
waste streams
Source: Origin Materials.
Pulp mill
scale
Origin's strategy:
#1
Identify &
purchase mill
#2
Convert
equipment
#3
Integrate &
operate
Work with partners to
identify suitable aging /
defunct pulp mill
Leverage key components
needed for its wood
handling process (e.g.,
utilities, boiler, wood yard)
Integrate refurbished
components into the rest of
its necessary equipment /
plant infrastructure
>40
Potential brownfield sites (e.g., closed pulp mills)
in the US & Canada built in the last 50 years
>$100Mn
Total useable value of converted equipment,
even after considering expected upgrade costs
Up to 15%
Net savings on total plant CAPEX, or ~$100Mn
co-location benefit
Pulp mill "brownfield" strategy offers additional benefits, including the existing forest supply chain ecosystem and local gov't incentives
ORIGIN
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