Origin Materials And Reed City Group Announce Partnership To Mass Produce PET Caps And Closures In North America; First Cap Production Line To Launch In Q4 2024, Enhancing Recycling Circularity And Packaging Efficiency
Portfolio Pulse from Benzinga Newsdesk
Origin Materials and Reed City Group have announced a partnership to mass produce PET caps and closures in North America. The first production line is set to launch in Q4 2024, aiming to enhance recycling circularity and packaging efficiency.
August 08, 2024 | 11:13 am
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Origin Materials has partnered with Reed City Group to mass produce PET caps and closures in North America, with the first production line launching in Q4 2024. This partnership aims to enhance recycling circularity and packaging efficiency.
The partnership with Reed City Group is a significant step for Origin Materials in expanding its product offerings and market reach. The focus on enhancing recycling circularity and packaging efficiency aligns with current sustainability trends, likely boosting investor confidence and positively impacting the stock price in the short term.
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