Purecycle Technologies Inc

NASDAQ:PCTUnited States

PureCycle Technologies, Inc. is commercializing a patented purification recycling technology (the Technology), originally developed by The Procter & Gamble Company, for restoring waste polypropylene into resin with near-virgin characteristics, called ultra-pure recycled (UPR) resin. Its process includes two steps: Feed Pre-Processing (Feed PreP) and the use of the Technology for purification. The Feed PreP step will collect, sort, and prepare polypropylene waste (feedstock) for purification. The purification step is a purification recycling process that uses a combination of solvent, temperature, and pressure to return the feedstock to near-virgin condition through a novel configuration of commercially available equipment and unit operations. The purification process puts the plastic through a physical extraction process using critical fluids that both extract and filter out contaminants and purify the color, opacity, and odor of the plastic without changing the bonds of the polymer.

Contact Information

Headquarters

20 North Orange Ave, Suite 106ORLANDO, FL, United States 32801

Phone

302-636-5400

Fax

302-636-5454

Executives

Non-Executive Chairman of the Board

Daniel Coombs

Chief Executive Officer, Director

Dustin Olson

Chief Financial Officer

Jaime Vasquez

General Counsel, Corporate Secretary

Brad Kalter

Independent Director

Allen Jacoby