Origin Materials partners with Berlin Packaging for sustainable bottle caps
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Origin Materials Inc. (NASDAQ: ORGN, ORGNW) announced a strategic customer relationship with Berlin Packaging for the distribution of sustainable PET bottlecaps, according to a press release statement.
Under the agreement, Berlin Packaging will purchase PET 1881 caps from Origin Materials for sale to its customer base, which includes beverage companies. Berlin Packaging operates as a packaging supplier with 1,700 global suppliers, over 55,000 SKUs, and more than 100 locations worldwide.
The PET 1881 caps are manufactured through thermoforming rather than traditional injection molding and can be made with 100% post-consumer recycled PET for food-grade applications. Origin Materials states the caps enable lighter packaging, improved shelf life, and mono-material containers that enhance recyclability.
"When we first connected with Berlin Packaging, the potential, vision, and strong degree of alignment was obvious," said Origin CEO John Bissell. "Their broad and deep distribution footprint not only immediately extends our market reach for 1881, but also opens the door for all our forthcoming formats across all closure applications globally."
Balaji Jayaseelan, VP of Sustainability at Berlin Packaging, stated: "At Berlin Packaging, our sustainability strategy is focused on innovation, collaboration, and measurable impact. We're excited to partner with Origin to bring their world-changing PET caps to our world-class customers."
Origin Materials develops technology for sustainable materials, including PET caps and closures and a biomass conversion platform. The company targets what it describes as a $65 billion global caps and closures market.
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