Origin Materials ($ORGN) Unveils World's First Commercial Scale Manufacturing System for PET Caps

Green Stock News

Origin Materials (NASDAQ: ORGN), a technology company focused on advancing sustainable materials, has introduced the Origin CapFormer System, the first commercial-scale manufacturing system for PET caps and closures.

Following the successful completion of the Factory Acceptance Test, the system is set to revolutionize packaging by enabling 100% PET container-to-container beverage recycling for the first time. The CapFormer System's innovative design—featuring thermoforming combined with advanced slit-and-fold technology and proprietary elements—delivers high efficiency while unlocking new possibilities for packaging design.

John Bissell, Origin Co-Founder and CEO stated: “Today is a key milestone for sustainable packaging and recycling. The industry has been searching for PET caps for a long time and we are delighted to share that our first-of-its kind system works spectacularly well.”

Origin is a technology company with a mission to enable the world’s transition to sustainable materials that bring recycling circularity and enhanced performance. Origin’s technology, economics, and carbon impact are supported by a growing list of major global customers and investors.

Shares of Origin Materials trade on the NASDAQ under the ticker symbol ORGN. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com