Origin Materials Partners with PackSys Global on World’s First PET Cap and Closure Manufacturing System
Origin Materials and PackSys Global have partnered to create the world's first PET cap and closure manufacturing system. This innovative system is set to revolutionize the industry by producing sustainable PET caps and closures at a commercial scale, enhancing recycling circularity, enabling mono-material containers, lighter packaging, and improved product shelf life. With Origin's focus on sustainability and PackSys Global's expertise in packaging machines, this collaboration aims to address the pressing sustainability challenges in various industries.
Origin Materials and PackSys Global are pioneering the development of the world's first PET cap and closure manufacturing system, introducing sustainable solutions to the packaging industry.
The innovative production system is designed to enhance recycling circularity, enable mono-material containers, promote lighter packaging, and improve product shelf life, aligning with Origin's mission to transition to sustainable materials.
The collaboration between Origin and PackSys Global showcases a commitment to sustainability, addressing challenges in various industries and offering transformative solutions for packaging design and performance.
- None.
Origin’s manufacturing system is expected to produce the first commercial-scale PET caps and closures
Origin’s sustainable PET caps and closures enhance recycling circularity, enable "mono-material” containers, lighter packaging, and improved product shelf life
Origin Materials PET cap (Photo: Business Wire)
“Our high-throughput production system is the first of its kind, designed to do something nothing else can: make PET caps and closures at commercial scale,” said Origin Co-CEO and Co-Founder John Bissell. “Our system will allow us to bring the recycling, sustainability, and performance benefits of our PET cap and closure solution to the world. We expect it will be the first of many such production lines for making not just beverage packaging better and fully recyclable, but containers of nearly every kind.”
Bissell added: “We are happy to be building our production line with high-quality sub-systems from PackSys Global, a respected leader in packaging machines for the cosmetics, beverage, pharmaceutical, and packaging industries with facilities in
Ueli Kobel, Director of PackSys Global’s Slitting Division, noted: “PET closures can be a game changer for closure recycling. Most beverage closures are today made from HDPE and, while closure recycling rates are increasing, especially in
Origin’s high-throughput production system will make the world’s first PET caps and closures at commercial scale. The solution is a transformative leap forward in packaging, designing for recycling circularity and improved performance. Origin’s solution improves recyclability, enables light-weighting, and can extend product shelf-life while addressing a greater than
Aitor Henao Soto, Head of Marketing & Communications at the Swiss company, stated, “We are proud to have partners like Origin who have entrusted us with their project, relying on our experience and expertise in engineering. The tests conducted at our technology center, KREALAB, were highly successful, and we are excited to showcase the results on May 9th at NPE2024 in
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
About PackSys Global
PackSys Global AG manufactures high-performance machines and complete lines for the production of extruded tubes and laminate tubes as well as slitting and folding machines for plastic closures. The company is the specialist for high-precision automatic hot stamping solutions for the packaging, cosmetics and automotive industries and the undisputed world market leader for machines for packaging unfilled laminate, plastic and aluminium tubes, aluminium aerosol cans, bottles and cartridges. Visit www.packsysglobal.com
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, expected increase in production lines, use of Origin Materials’ caps and closures solution on non-beverage containers, geographic expansion, performance improvements, 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 Russia’s military intervention in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240430089236/en/
Origin Materials
Investors: ir@originmaterials.com
Media: media@originmaterials.com
PackSys Global
Aitor Henao Soto, Head of Marketing & Communications
E-Mail: aitor.henao@packsysglobal.com
Source: Origin Materials