Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
PureCycle Technologies, Inc. is a U.S.-based industrial recycling company focused on the purification of waste polypropylene (PP) plastic into ultra-pure, recycled resin suitable for reuse in demanding applications. The company operates within the advanced recycling, materials, and circular economy industries, addressing sustainability challenges associated with plastic waste and virgin resin production.
PureCycle’s core business is built around a proprietary solvent-based purification process originally developed by The Procter & Gamble Company and licensed exclusively to PureCycle. This technology removes color, odor, and contaminants from post-consumer and post-industrial polypropylene, enabling the production of recycled PP with properties comparable to virgin resin. The company was founded in 2015 and became publicly listed in 2021 following a business combination with a special purpose acquisition company, evolving from a technology-focused startup into a commercial-scale recycling operator.
Business Operations
PureCycle generates revenue by producing and selling ultra-pure recycled polypropylene resin under long-term offtake agreements and spot sales to customers in packaging, consumer goods, automotive, and industrial markets. Its primary operating segment is the Recycling Segment, which encompasses feedstock sourcing, purification operations, pellet production, and resin sales.
The company’s initial commercial facility is located in Ironton, Ohio, which serves as its flagship purification plant. PureCycle also develops and controls proprietary purification assets, preprocessing systems, and logistics infrastructure to support feedstock aggregation and product distribution. Strategic relationships include technology licensing from The Procter & Gamble Company and commercial offtake arrangements with global consumer and materials companies. Subsidiaries are used to hold and operate individual plants and regional development projects.
Strategic Position & Investments
PureCycle’s strategy centers on scaling its purification technology globally to meet rising demand for recycled polypropylene driven by corporate sustainability commitments and regulatory pressure. Growth initiatives include expanding capacity through additional purification lines at existing sites and developing new facilities in North America, Europe, and Asia.
Major capital investments have focused on the Ironton facility and on securing feedstock supply and offtake agreements to underpin future plants. The company has announced development projects in Augusta, Georgia, and Antwerp, Belgium, and has explored joint ventures and project-level financing structures to support international expansion. PureCycle positions itself as a differentiated recycler by targeting high-quality applications that traditional mechanical recycling cannot consistently serve.
Geographic Footprint
PureCycle is headquartered in Orlando, Florida, with operational activities primarily in the United States. Its flagship commercial operations are based in Ohio, while additional U.S. development projects are planned in the Southeastern United States.
Internationally, PureCycle has established a development presence in Europe, most notably in Belgium, and has announced intentions to expand into Asia to support global customers. While most current revenue is tied to U.S. operations, the company’s long-term strategy emphasizes a multi-continent manufacturing and supply network aligned with global polypropylene demand.
Leadership & Governance
PureCycle is led by executives with backgrounds in chemicals, manufacturing, and large-scale industrial operations. The leadership team emphasizes disciplined scaling, operational reliability, and long-term partnerships with consumer brands to advance circular materials adoption.
Key executives include:
- Dustin Olson – Chief Executive Officer
- Ronald T. Greeley – Chief Financial Officer
- Steve Buehler – Chief Technology Officer
- Susan Emmett – Chief Sustainability Officer
- Michael Otworth – Senior Vice President, Feedstock & Offtake
The company is governed by a board of directors with experience across energy, materials, and public company oversight, reflecting a strategic vision focused on technology-driven recycling at industrial scale.