PureCycle Technologies

Purecycle Technologies, Inc. engages in recycling waste polypropylene into virgin polymer. It's process includes two steps: Feed Pre-Processing (“Feed PreP”) and the use of the Technology for purification. The company was founded by John Scott on September 15, 2015 and is headquartered in Orlando, FL.

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PureCycle Technologies progresses on Ironton facility, secures funding for growth

PureCycle Technologies is on track with the Ironton facility nearing completion and plans for significant resin production in 2023, supported by a new line of credit.
The company's focus on cost savings, strategic partnerships, and operational efficiency positions it well for long-term success and margin improvement.
While facing challenges in initial costs, funding requirements, and operational focus, PureCycle Technologies has opportunities for growth through expansion projects and cost-saving strategies.

PureCycle achieves operational milestone, poised for global resin production

PureCycle Technologies is on track for operational success with the completion of the Ironton facility and a focus on producing ultra pure recycled resin.
The company's strengths lie in its operational readiness, financial management, and partnerships, while challenges include equipment issues and investor expectations.
Opportunities for PureCycle include global expansion, sustainable growth, and meeting market demand for high-quality recycled resin products.

PureCycle Technologies achieves operational milestones and eyes international expansion

PureCycle Technologies' Q2 2023 Earnings Call highlighted operational success, financial strength, and market expansion opportunities. Despite challenges in the polypropylene market, the company remains confident in its product quality and technology scalability, aiming for future growth and international expansion.

PureCycle achieves operational milestones, secures financial backing for growth

PureCycle Technologies demonstrated strong operational and financial performance in Q3 2023, showcasing technology reliability and environmental impact.
While facing operational challenges and financial management issues, the company remains proactive in addressing setbacks and securing future growth opportunities.
Confidence in achieving high production rates, plans for ramping up production, and leveraging learnings for future plants position PureCycle for continued success.
The company's focus on efficiency, environmental impact, and operational improvements highlights its commitment to sustainable growth and innovation.

PureCycle Technologies achieves milestones, eyes growth amid operational challenges

PureCycle Technologies reported strong operational and financial performance, with a positive outlook for future fundamentals. Despite challenges, the company's strategic initiatives and confidence in its projects position it well for growth and success.

PureCycle Technologies reports record-breaking Q3 production growth and positive market feedback

PureCycle Technologies had a stellar Q3, achieving record production growth and making strides in various operational areas. The company's focus on commercial efforts and positive market feedback position it well for future success. While challenges in scaling production exist, opportunities for revenue growth and market expansion are abundant.

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Purecycle Technologies, Inc. engages in recycling waste polypropylene into virgin polymer. Its process includes two steps: Feed Pre-Processing and the use of the Technology for purification. The company was founded by John Scott in September 2015 and is headquartered in Orlando, FL.

ORLANDO, Fla., March 3, 2022 /PRNewswire/ -- Today, PureCycle Technologies, Inc. (Nasdaq: PCT) and iSustain Recycling, Inc. (a certified woman-owned business) are teaming up to bring PureCycle's PureZero™ program to the Plastics Recycling Conference in the Washington, D.C.

PureCycle, iSustain Recycling introduce PureZero™ to the Plastics Recycling Conference

ORLANDO, Fla., Feb. 23, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S. advanced recycling company revolutionizing plastic waste, today announced that it has rescheduled its fourth quarter 2021 corporate update conference call for Wednesday, March 9, 2022.

PureCycle Technologies Reschedules Fourth Quarter 2021 Corporate Update Conference Call for Wednesday, March 9, 2022, at 11:00 a.m. ET

ORLANDO, Fla., Feb. 15, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S. advanced recycling company revolutionizing plastic waste, will host a conference call on Thursday, March 3, 2022, to provide an update on recent corporate developments.

PureCycle Technologies Schedules Fourth Quarter 2021 Corporate Update Conference Call for Thursday, March 3, 2022, at 11:00 a.m. ET

ORLANDO, Fla., Jan. 20, 2022 /PRNewswire/ -- Today, PureCycle Technologies, Inc. (Nasdaq: PCT), in partnership with EXPLR Media, announced an episode of EXPLR's upcoming "Everyday Science Stuff" original series, which will spotlight PureCycle's unique recycling process that uses proprietary technology to transform common plastic waste which would otherwise find its way into landfills or oceans into a versatile, sustainable recycled material.

PURECYCLE TEAMS UP WITH MYTHBUSTERS ALUM, EXPLR MEDIA TO EDUCATE STUDENTS ON PLASTIC WASTE SCIENCE & SOLUTIONS

SK geo-centric (SKGC) and Purecycle Technologies Inc (NASDAQ: PCT) signed a non-binding head of agreement to open Asia's first recycled polypropylene (PP) plant in Ulsan, South Korea. Deal terms were not disclosed.

SKGC, PureCycle To Open Polypropylene Recycling Plant In Ulsan, South Korea

ORLANDO, Fla., Jan. 10, 2022 /PRNewswire/ -- SK geo centric (SKGC) and PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S. advanced recycling company revolutionizing plastic waste, signed a non-binding head of agreement ("HOA" or "term sheet") to open Asia's first recycled polypropylene (PP) plant in Ulsan, South Korea.

SK geo centric and PureCycle Announce Location of Asia's First Polypropylene Recycling Plant

NEW YORK--(BUSINESS WIRE)-- #PCT--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against PureCycle Technologies, Inc. (NASDAQ: PCT) on behalf of long-term stockholders following a class action complaint that was filed against PureCycle on May 11, 2021. Our investigation concerns whether the board of directors of PureCycle have breached their fiduciary duties to the company. The complaint alleges that throughout the class period d

PURECYCLE ALERT: Bragar Eagel & Squire, P.C. Is Investigating PureCycle Technologies, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

PureCycle Technologies, Inc. (PCT) CEO Mike Otworth on Q3 2021 Results - Earnings Call Transcript

ORLANDO, Fla., Nov. 10, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. ("PureCycle" or "the Company") (NASDAQ: PCT), a company seeking to revolutionize polypropylene recycling, today announced a corporate update and financial results for the third quarter ending September 30, 2021.

PureCycle Technologies Provides Third Quarter 2021 Update

SAN DIEGO & ORLANDO, Fla.--(BUSINESS WIRE)---- $PCT #investment--PureCycle Technologies, Inc. (PCT) Accused of Misstating its Purported Financial Condition and Prospects

SHAREHOLDER ALERT: Robbins LLP Investigates PureCycle Technologies, Inc. (PCT) on Behalf of Shareholders

ORLANDO, Fla., Nov. 4, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT) announced today that Lawrence "Larry" Somma has joined the innovative plastics recycling company as the next Chief Financial Officer (CFO).

PureCycle Technologies Appoints Lawrence Somma as Chief Financial Officer

ORLANDO, Fla., Nov. 3, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. (NASDAQ: PCT), a company revolutionizing polypropylene recycling, will host a conference call on Thursday, November 11, 2021, to provide an update on recent corporate developments.

PureCycle Technologies Schedules Third Quarter 2021 Corporate Update Conference Call for Thursday, November 11, 2021, at 11:00 a.m. ET

ORLANDO, Fla., Oct. 26, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. (NASDAQ: PCT), a company revolutionizing polypropylene recycling, announced today that Michael Dee, Chief Financial Officer, will present at "Looking Towards Glasgow – Transitioning from a Fossil Fuel to a Renewable Energy Society", a climate tech webinar sponsored by Roth Capital, NGO Sustainability Inc., and the Permanent Missions of Costa Rica and the Maldives to the United Nations.

PureCycle Technologies to Participate in Climate Tech Webinar "Looking Towards Glasgow - Transitioning from a Fossil Fuel to a Renewable Energy Society"

SAN DIEGO & ORLANDO, Fla.--(BUSINESS WIRE)---- $PCT #classaction--PureCycle Technologies, Inc. (PCT) Accused of Misstating its Purported Financial Condition and Prospects

SHAREHOLDER ALERT: Robbins LLP Announces It Is Investigating PureCycle Technologies, Inc. (PCT) on Behalf of Shareholders

ORLANDO, Fla., Oct. 6, 2021 /PRNewswire/ -- Today,  PureCycle Technologies, Inc. (Nasdaq: PCT), headquartered in Orlando, announced that a plastic recycling prep facility will open in Florida.

PureCycle opens plastic waste prep facility in Central Florida, invests in tackling plastic waste crisis at home

Cowen analyst Thomas Boyes initiated PureCycle Technologies Inc (NASDAQ:PCT) with an Outperform rating and a price target of $31, implying an upside of 138.65%. Boyes mentions that PureCycle's patent-protected polypropylene recycling technology is highly differentiated as it produces near virgin-like plastic resin that can be used in higher-value applications than those made by traditional recyclers, giving them a first-mover advantage in a large and growing market.

Cowen Sees 138% Upside In PureCycle Technologies - Read Why

Mitsui & Co Ltd

PureCycle Technologies Inc (NASDAQ: PCT) signed a memorandum of understanding (MoU) with Mitsui & Co., Ltd. (OTC: MITSY) to develop and operate a recycling facility in Japan to transform polypropylene (PP) waste into Ultra-Pure Recycled Polypropylene (UPRP).

PureCycle Partners With Mitsui To Develop Recycled Polypropylene Plant In Japan

ORLANDO, Fla., Sept. 13, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a company revolutionizing polypropylene recycling, announced a signed memorandum of understanding (MOU) with Mitsui & Co., Ltd.

PureCycle announces partnership with Mitsui to develop ultra-pure recycled polypropylene plant in Japan

ORLANDO, FL / ACCESSWIRE / September 7, 2021 / PureCycle Technologies, Inc. ("PureCycle" or "the Company") (NASDAQ:PCT), a company focused on polypropylene recycling, announced today that management will present at the 10th Annual Gateway Conference, which is being held virtually on September 8-9, 2021. PureCycle's management is scheduled to present on Wednesday, September 8th at 2:00 p.m.

PureCycle Technologies to Present at the 10th Annual Gateway Conference on September 8, 2021

ORLANDO, Fla., Aug. 31, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. ("PureCycle" or "the Company") (NASDAQ: PCT), a company focused on polypropylene recycling, announced today that Michael Dee, Chief Financial Officer, will present at the Bank of America Securities Sustainability and the Circular Economy Investor Summit to be held in a virtual format on Wednesday, September 1, 2021.

PureCycle Technologies to Participate in the Bank of America Securities Sustainability and the Circular Economy Investor Summit

PureCycle Technologies' (PCT) CEO Mike Otworth on Q2 2021 Results - Earnings Call Transcript

PureCycle Technologies Inc (NASDAQ: PCT) signed a memorandum of understanding (MOU) with SK Global Chemical, a technology-driven global chemical company headquartered in South Korea. The financial terms of the deal were not disclosed.

PureCycle, SK Global Chemical Partner To Open Ultra-Pure Recycling Plant In South Korea

This company is looking to reduce the amount of plastic, and investors are thrilled with its progress.

Why Shares of PureCycle Technologies Are Soaring Today

ORLANDO, Fla., Aug. 12, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT) announced today a signed memorandum of understanding (MOU) with SK Global Chemical, a technology-driven global chemical company headquartered in South Korea, as a first step to enable the building and operating of a recycling facility in South Korea to transform polypropylene (PP) waste into ultra-pure polypropylene resin (UPRP).

PureCycle partners with SK Global Chemical to open ultra-pure recycling plant in South Korea

ORLANDO, Fla., Aug. 12, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. ("PureCycle" or "the Company") (NASDAQ: PCT), a company focused on polypropylene recycling, today announced a corporate update and financial results for the second quarter ending June 30, 2021.

News for PureCycle Technologies Stock (PCT)