Origin Materials launches PET caps manufacturing system [Yahoo! Finance]
Origin Materials, Inc. - Class A (ORGN)
US:NASDAQ Investor Relations:
origenfinancial.com
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Source: Yahoo! Finance
Known as the Origin CapFormer System, the solution is claimed to be the first commercial-scale production system for PET caps and closures across the globe. The Origin CapFormer System integrates thermoforming with advanced slit-and-fold technology, enhancing the efficiency of PET closure production and expanding the possibilities for packaging design. The system can produce caps compatible with the widely used PCO 1881 standard, using either virgin or recycled PET (rPET). These caps will be available from the fourth quarter (Q4) of 2024, with tethered versions and other cap types to follow. The Origin CapFormer System also enables 100% PET container-to-container beverage recycling for the first time. Origin Materials co-CEO and co-founder John Bissell said: “The Origin CapFormer System has completed its Factory Acceptance Test at commercial production scale. The industry has been searching for PET caps for a long time and we are delighted to share that our first-of-its-kin
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News
- Origin Materials realigns resources to boost caps and closures business [Yahoo! Finance]Yahoo! Finance
- Origin Materials Announces Organizational Streamlining to Further Support Caps and Closures BusinessBusiness Wire
- Origin Materials Unveils CapFormer System, Completes Factory Acceptance Test of World’s First Commercial-Scale Manufacturing System for PET CapsBusiness Wire
- Origin Materials, Inc. (ORGN): A Hot Penny Stock On The Move [Yahoo! Finance]Yahoo! Finance
- Global Market for Bio-based Packaging 2025-2035: Focus on Circular Packaging Solutions Includes Efforts to Develop Monomaterial Packaging and Improve the End-of-Life Management of Biobased Materials [Yahoo! Finance]Yahoo! Finance
ORGN
Earnings
- 8/14/24 - Miss
ORGN
Sec Filings
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- ORGN's page on the SEC website