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Purecycle Technologies Provides Fourth Quarter 2021 Update, Announces $250 Million Investment

Mar 09, 2022over 3 years ago

Amount Raised

$250 Million

Orlando

Description

PureCycle Technologies, Inc. ("PureCycle" or "the company") (NASDAQ: PCT), a U.S.-based advanced recycling company revolutionizing plastic waste, today announced a corporate update and financial results for the fourth quarter ending December 31, 2021.

Company Information

Company

Pure Cycle Technologies

Location

Orlando, Florida, United States

About

PureCycle Technologies LLC, a subsidiary of PureCycle Technologies, Inc., holds a global license to commercialize the only patented, solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into ultra-pure resin. The proprietary process removes color, odor and other contaminants from recycled feedstock resulting in an ultra-pure polypropylene suitable for any PP market. To learn more, visit purecycle.com

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