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Origin CapFormer System (Source: Origin Video, see below)

PET caps

Origin Materials unveils CapFormer System and completes Factory Acceptance Test of world’s first commercial-scale manufacturing system for PET caps

1:52 min Caps & ClosuresTHREE:24
West Sacramento, CA, United States

  • Origin CapFormer System is a Breakthrough for Recycling Circularity and Packaging Performance
  • Novel Applications of Thermoforming, Slit-and-Fold Technology, and Key Proprietary Design Elements Unlock Use of PET for Commercial-Scale Cap Manufacturing 
  • Successful Commercial-Speed Factory Acceptance Test Validates Performance Specifications with Over 98% Manufacturing Efficiency

Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW) unveiled its proprietary Origin CapFormer System, the world’s first commercial-scale manufacturing system for PET caps and closures, and successfully completed the system’s Factory Acceptance Test.

“Today is a key milestone for sustainable packaging and recycling,” said Origin Co-CEO and Co-Founder John Bissell. “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 kind system works spectacularly well. Through the novel application of thermoforming, slit-and-fold technology, and proprietary design elements we have unlocked the ability to produce PET caps at commercial scale. We approached the problem differently than anyone had previously and the result was a breakthrough. We are addressing a $65 billion caps and closures market with a strong leadership position, offering the first and only commercial-scale solution for PET caps: the state-of-the art Origin CapFormer System.”

 

Bissell added: “Our proprietary, industry-leading design enables the Origin CapFormer System to deliver ultra-high-speed cap production throughput. We have continued to increase our performance efficiency during recent development runs and now have achieved over 98% manufacturing efficiency on extended trials with additional opportunities for improvement ahead. Our system is a game-changer for packaging circularity and performance by enabling the first-ever commercial production of PET caps – including caps made from recycled PET, which is what you’re seeing in the video released today.”

The Origin CapFormer System is expected to be transformative for packaging, enabling 100% PET container-to-container beverage recycling for the first time ever. Our Factory Acceptance Test demonstrated the successful achievement of expected system performance. Because of the CapFormer System’s unique design and manufacturing approach, including the novel use of thermoforming coupled with world-class slit and fold technology for PET closure production and key proprietary design elements, the system can operate at high levels of efficiency while opening new design spaces for packaging.

“The first Origin CapFormer System has already made several million PET caps using recycled PET plastic, and we’re just getting started,” said Bissell. “Looking ahead, we expect Origin CapFormer Systems to produce caps not only for a diverse array of beverage bottles, but food packaging, medical products – the possibilities are extensive and incredibly exciting.”

Origin’s PCO 1881-compatible caps, which can be made with virgin or recycled PET, will be available beginning in Q4 2024, with PCO 1881-compatible tethered caps and other cap types to follow afterward.

View source including video >

www.originmaterials.com/

 

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