Revlon and Origin have signed a memorandum of understanding to reserve commercial volumes of Origin PET to support Revlon’s Responsible Sourcing sustainability pillar
Origin Materials, the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Revlon, a leading global authority and beauty trendsetter in the world of color cosmetics and hair care, today announced a joint initiative to develop advanced carbon negative materials for next generation cosmetics packaging. As part of the initiative, Revlon has signed a memorandum of understanding to reserve commercial volumes of Origin PET.
The joint initiative’s goal is to pursue the rapid development and commercialization of new sustainable materials for cosmetics packaging based on Origin’s patented technology platform. The materials developed will support Revlon’s broader sustainability efforts, which include Revlon’s goal of driving responsible and ethical sourcing practices to better address the risks and challenges of a complex global supply chain.
“We are excited to partner in this initiative with Revlon, an iconic global brand with a deep commitment to the highest standards for performance,” said Rich Riley, Co-CEO of Origin Materials. “Together we will work to develop and bring to market carbon negative materials for next generation packaging to advance our goal of reducing the climate impact of the cosmetics industry.”
“Revlon’s initiative with Origin Materials will allow consumers at all price points to access sustainable, plant-based packaging,” said Keyla Lazardi, Chief Scientific Officer, Revlon. “As a company that is focused on driving sustainability in the beauty industry, Revlon is thrilled to advance the use of Origin’s carbon-negative bio-PET in the mass beauty space.”
Source: Company Press Release