Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), a technology company with a mission to enable the world’s transition to sustainable materials, and Royal Hordijk Packaging (“Hordijk”), a leading Dutch producer of sustainable plastic packaging solutions, announced a strategic partnership to mass produce PET bottlecaps.
Hordijk has more than 100 years of experience in packaging innovation, with a focus on sustainability and commitment to innovation in circular packaging. Hordijk develops and manufactures plastic packaging solutions for the food, personal care, pharmaceutical, and horticultural sectors, serving customers in over 25 countries. Hordijk will use its PET extruders to produce extruded sheet for use in CapFormer production lines owned by Origin and operated by Hordijk in Hordijk facilities in the EU. The CapFormer lines will convert PET sheet into bottlecaps, ultimately including tethered caps, using high-speed equipment and supported by world-class operations and technical services.
Origin Materials CEO John Bissell stated: “Hordijk combines expert manufacturing, a robust base of operations in Europe, and significant global reach. Further, Hordijk brings PET extruders and extrusion expertise to our operations that can drive capital cost efficiency for CapFormer lines. We look forward to producing billions of PET caps together and carrying packaging forward to its next evolution.”
Rik Hennink, CEO at Hordijk, commented: “At Hordijk, we believe the future of packaging is circular, and we are committed to innovation and reducing environmental impact. Partnering with Origin to mass produce PET bottlecaps and investing in extrusion to scale production aligns with our mission and roadmap. We believe mono-material packaging solutions produced with Origin point toward the future of high-performing, sustainable products.”
Origin’s PET caps are a transformative leap forward in packaging. PET caps can improve recyclability including through cap tethering, enable light-weighting, and extend product shelf life while addressing a greater than $65 billion market. In conjunction with world-class partners like Hordijk, we are solving the most difficult sustainability challenges, in alignment with our core mission to help transition the world to sustainable materials.
For more information, visit www.originmaterials.com
More information: https://hordijk.nl/en