Origin partners with Bachmann to mass-produce PET caps and closures [Yahoo! Finance]
Origin Materials, Inc. - Class A (ORGN)
US:NASDAQ Investor Relations:
origenfinancial.com
Company Research
Source: Yahoo! Finance
This collaboration aims to bring the first commercially viable PET closures to the mass market, with production set to begin in the fourth quarter (Q4) of 2024. The partnership will use the high-speed equipment and automation of Bachmann's manufacturing facilities in Europe to convert both virgin and recycled PET (rPET) into various caps, including tethered caps. Origin co-CEO and co-founder John Bissell said: “Today we are announcing our partnership with Bachmann Group, who will assist in the end-to-end operation and automation of our PET cap mass production lines. “Bachmann Group will help us produce billions of caps, taking pellet or flake all the way to finished closures. We share a commitment to sustainability and look forward to a productive partnership.” Origin's caps are considered to be one of the first commercially viable PET closures in the mass market. Origin's PET caps and closures enhance recyclability, including through cap tethering, enabling light-weighting
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ORGN
News
- Origin Materials Regains Compliance with Nasdaq Listing Requirements [Yahoo! Finance]Yahoo! Finance
- Origin Materials Regains Compliance with Nasdaq Listing RequirementsBusiness Wire
- Origin Materials, Inc. (NASDAQ:ORGN) most popular amongst retail investors who own 56% of the shares, institutions hold 23% [Yahoo! Finance]Yahoo! Finance
- Origin Materials and Bachmann Group to Mass Produce PET Caps and Closures [Yahoo! Finance]Yahoo! Finance
- Origin Materials and Bachmann Group to Mass Produce PET Caps and ClosuresBusiness Wire
ORGN
Earnings
- 5/14/24 - In-Line
ORGN
Sec Filings
- 6/25/24 - Form 144
- 5/29/24 - Form S-8
- 5/22/24 - Form 4
- ORGN's page on the SEC website