PureCycle Technologies, Inc. PCTTU

Company Overview

PureCycle Technologies, Inc. is a U.S.-based recycling technology company focused on converting polypropylene (PP) plastic waste into recycled resin with properties intended to approximate virgin polypropylene. The company operates within the plastics recycling, circular economy, and advanced materials sectors, with its core business centered on licensing and deploying a purification process originally developed by Procter & Gamble. PureCycle’s principal revenue drivers are expected to include the sale of recycled polypropylene resin, compounded products, and licensing or related technology arrangements tied to its purification platform.

The company’s strategy is differentiated by its focus on restoring waste polypropylene into ultra-pure recycled resin suitable for applications that traditionally required virgin material, including consumer packaging, automotive components, and industrial products. PureCycle was founded in 2015 and became publicly traded through a merger with a special purpose acquisition company in 2021. Since its formation, the company has focused on scaling commercial operations, developing feedstock sourcing relationships, and building manufacturing capacity in North America and internationally.