Origin Materials Introduces World’s First Tethered PET Beverage Cap for Improved Recycling Circularity
Origin Materials announced the world’s first tethered PET cap, enhancing recycling circularity and complying with upcoming regulations. The company's innovative caps offer better performance, extend product shelf life, and improve recycling processes. Origin's PET caps are produced with various PET materials and contribute to the expansion of recycled content, catering to the growing demand for sustainable packaging solutions.
Origin Materials introduced the world’s first tethered PET cap, aligning with upcoming regulations and enhancing recycling circularity.
The company's PET caps offer superior performance compared to traditional caps, extending product shelf life and enabling light-weighting.
Origin's technology facilitates the production of mono-material PET products, streamlining recycling processes and increasing the value of recycled material.
The use of recycled PET in the company's caps supports global beverage brands' efforts to incorporate sustainable packaging solutions.
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Origin’s sustainable PET caps and closures enhance recycling circularity, enable "mono-material” containers, lighter packaging, and improved product shelf life
“Cap tethering mandates are coming into effect later this year in
The new tethered cap complements Origin’s previously announced PET closure, which is the world’s lightest CSD (carbonated soft drink) cap compatible with the PCO 1881 neck finish. Our PCO 1881-compatible cap is the first of its kind ever to be commercially produced with
Bissell continued: “Cap tethering is poised to transform beverage packaging and we are well-positioned to lead in this arena. First, whether tethered or not, our PET caps offer better performance than traditional HDPE and polypropylene caps, extending product shelf life and enabling light-weighting. Second, our technology enables mono-material tethered PET products, meaning cap and container are both PET and can be recycled together seamlessly with no need to separate the two material streams, offering clear advantages when tethering. Third, more PET in the recycling stream means higher value bales of recycled material, which is good for recyclers and increases the supply of recycled PET. Fourth, our solution can expand the use of recycled content – specifically recycled PET – something global beverage brands are eager to do.”
“We are enhancing the circularity of the recycling system in ways that were previously thought to be impossible. And we are excited to show our PCO 1881-compatable PET caps alongside our partners in their booths this week at the NPE2024 conference in
Origin’s first-of-its-kind, high-throughput production system will make the world’s first PET caps and closures at commercial scale. Our PCO 1881-compatible caps will be available beginning in Q4 2024, with PCO 1881-compatible tethered caps to follow afterward. Our PET caps and closures are a leap forward in packaging, improving recyclability, enabling light-weighting, expanding the use of recycled content, and extending product shelf-life while addressing a greater than
To learn more about Origin’s PET caps and closures, visit our website or contact commercialorder@originmaterials.com.
About Origin Materials
Origin is the world's leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials. Our innovative technologies include all-PET caps and closures that bring recycling circularity and enhanced performance to a
Cautionary Note on Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Origin Materials’ business strategy, range of products on which Origin Materials’ caps and closures solution may be use, anticipated performance and recycling circularity improvements and ability to derive them across various products, and estimated total addressable market. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the management of Origin Materials and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Origin Materials. These forward-looking statements are subject to a number of risks and uncertainties, including that Origin Materials may be unable to successfully commercialize its products; the effects of competition on Origin Materials’ business; the uncertainty of the projected financial information with respect to Origin; disruptions and other impacts to Origin’s business as a result of military conflict, severe weather events, and other global health or economic crises; changes in customer demand; and those factors discussed in the Annual Report on Form 10-K filed with the
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Origin Materials
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