Origin Materials and HP Embalagens enter PET cap distribution deal [Yahoo! Finance]
Johnson & Johnson (JNJ)
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Source: Yahoo! Finance
HP Embalagens intends to deliver Origin PET caps to its clients across South America, especially in the Brazilian market. The company serves multinational brands such as Nestlé, Ferrero Rocher, Johnson & Johnson, and Natura. The partnership will see HP Embalagens purchasing PET caps from Origin Materials and making them available through its existing channels. The initial focus is on the 1881 beverage closure format, with further expansion planned. The two companies aim to use Origin's PET cap technology to add to HP Embalagens' range of thermoformed packaging products. HP Embalagens Purchasing and New Business director Felipe Souza said: “At HP Embalagens, our growth strategy centres on innovation, sustainability, and measurable impact. “Our selection of Origin Materials to supply PET caps reflects our belief that consumers are ready for something new and better. The packaging industry has long sought a PET cap, and now Origin is making it a reality. We are thrilled to p
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JNJ
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- 3/18/26 - Form 13F-HR/A
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- 3/12/26 - Form 4
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