PCT Closes Funding Agreements & Starts Process To Be Listed On Nasdaq
PureCycle Technologies Completes $250 Million Bond Raise; Begins Construction on Phase II Industrial Line in Ironton, Ohio
Feedstock Evaluation Unit successfully recycled waste polypropylene with our proprietary technology invented by Procter & Gamble
A Pure Planet
Our ground-breaking patented recycling process, developed by Procter & Gamble, separates color, odor and contaminants from plastic waste feedstock to transform it into ultra-pure recycled polypropylene. Our PureCycle TechnologiesSM recycling service converts waste plastic into virgin-like plastic fully closing the loop on the reuse of recycled plastics while making recycled polypropylene more accessible at scale to companies desiring to use a sustainable, recycled resin.
PCT Closes Agreements That Include Over $300MM In Equity Investment & Starts the Process To Be Listed on The Nasdaq Stock Exchange With a Projected Market Cap of Over $1B, Accelerating A Recycling Revolution
“This transaction represents a key milestone in PCT’s mission to transform polypropylene into a recyclable and sustainable product,” said Mike Otworth, CEO. “Our recycling process produces virgin-like resin and we are well-positioned to meet the consumer demand for recycled content as well as global sustainability mandates.”
PureCycle Technologies signed an agreement with L’Oréal for the supply of Ultra-Pure Recycled Polypropylene
L’Oréal agreement rounds out PureCycle strategic offtake partners for ultra-pure recycled polypropylene, a critical milestone for the upcoming first Commercial Plant.
PureCycle Technologies Partners with Milliken, Nestlé to Accelerate Revolutionary Plastics Recycling
PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant to restore used polypropylene (PP) plastic to ‘virgin-like’ quality with a revolutionary recycling method.
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