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.

PureCycle Technologies, Inc. (NASDAQ:PCT ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Christian Bruey - Director of Communications. Dustin Olson - CEO Jaime Vasquez - CFO Conference Call Participants Hassan Ahmed - Alembic Global Advisors Eric Stine - Craig-Hallum Capital Group Thomas Boyes - TD Cowen Andres Sheppard-Slinger - Cantor Fitzgerald Brian Butler - Stifel Gerard Sweeney - ROTH Capital Operator Good day, and thank you for standing by.

PureCycle Technologies, Inc. (PCT) Q3 2024 Earnings Conference Call Transcript

ORLANDO, FL / ACCESSWIRE / November 7, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the third quarter ending September 30, 2024. Management Commentary PureCycle CEO Dustin Olson commented, "The third quarter represented meaningful progress for the Company on multiple fronts.

PureCycle Provides Third Quarter 2024 Corporate Update

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PureCycle Technologies NYSE: PCT is a small-cap materials stock that has gone on a true tear this year. The stock is up over 250%, a head-turning number that has caught the attention of many investors.

PureCycle: Up 250% in 2024 - Is This Materials Stock Still a Buy?

ORLANDO, FL / ACCESSWIRE / October 24, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, November 7, 2024, to provide an update on recent corporate developments. A press release discussing such developments and other activity from the third quarter will be provided prior to the conference call.

PureCycle Schedules Third Quarter 2024 Corporate Update

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IRONTON, OH / ACCESSWIRE / September 16, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, announced that the Company's flagship facility in Ironton, Ohio processed more than one million pounds of feedstock over a consecutive seven-day span. PureCycle CEO Dustin Olson said, "We have now hit all three of the near-term goals that we discussed during our second quarter investor update in early August.

PureCycle Processes One Million Pounds in a Week at Ironton Facility

PureCycle is a pre-revenue plastics recycling company on the verge of commercialization. The cash-strapped company received a cash infusion from its private equity partners and announced progress at its Ironton facility.

Why PureCycle Technologies Rocketed Nearly 40% Today

Ironton Facility Reaches Feed Rate of 10,000 Pounds Per Hour; Processes Over 200,000 Pounds in One Day IRONTON, OH / ACCESSWIRE / September 11, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, entered into a series of transactions with Sylebra Capital Management and Samlyn Capital, LLC to raise gross proceeds of $90 million. PureCycle anticipates that the transactions will close on September 13, 2024.

PureCycle Announces Financing Transaction and Ironton Production Update

PureCycle Technologies has struggled to scale its polypropylene recycling plant, failing to generate material sales despite initial promises at its SPAC. The company faces significant challenges with its co-product 2 (CP2), impacting its ability to get to nameplate production. PCT's shift to selling compounded products, blending recycled material with virgin or post-industrial plastic, indicates a deviation from its original ultrapure resin goal.

PureCycle Technologies Is Still Going (Concern)

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IRONTON, OH / ACCESSWIRE / August 8, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the second quarter ending June 30, 2024. Management Commentary PureCycle CEO Dustin Olson said, "Our team made foundational progress in the second quarter, in terms of production, improving our reliability, and with higher levels of co-product 2 or CP2.

PureCycle Provides Second Quarter 2024 Update

PureCycle is making progress towards commercial operations at its polypropylene recycling facility, with potential customers using PCT recycled pellets in numerous products. The company still faces technical challenges but has resolved many issues in the first half of 2024. in resolving operational issues at its IronTon facility. PCT's financial situation has changed, it is low on cash and must prove the commercial viability of its operation as well as its technical viability.

PureCycle: Commercial Operations Now On The Near Term Horizon

ORLANDO, FL / ACCESSWIRE / June 11, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), today, announced the receipt of a Letter of No Objection (LNO) from the United States Food & Drug Administration (FDA) confirming that the Company's PureFive™ Ultra-Pure Recycled resin is suitable for use in food-contact applications. This LNO expands upon a previous no-objection letter to PureCycle from the FDA, confirming that the Agency considers PureFive™ Ultra-Pure Recycled resin to be suitably pure for use in contact with all food types under FDA's Conditions of Use A through H.

PureCycle to Receive Expanded FDA No Objection Letter for PureFive(TM) Resin Use in Cosmetics, Personal Care and Food Applications

ORLANDO, FL / ACCESSWIRE / June 4, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT) is scheduled to participate in Stifel's upcoming investor conference on June 5. Details and the link to participate are below: Date: Wednesday, June 5, 2024 Time: 10:20 a.m.

PureCycle to Participate in Stifel's 2024 Cross Sector Insight Conference

IRONTON, OH / ACCESSWIRE / June 3, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, announced that the Company's flagship purification facility in Ironton, Ohio is demonstrating improved reliability and product quality since resuming operations. The Ironton Facility initially resumed operations the week of May 20.

PureCycle Provides Update on Ironton Purification Facility

Pure Cycle Technologies is a small-cap stock that is looking to commercialize recycling technology designed to convert waste polypropylene into ulra-pure resin. We now have a trust deficit with the management team, given the persistent delays with getting the Ironton facility to function smoothly without any roadblocks.

PureCycle Technologies- Walking A Tightrope Amidst Execution Challenges

ORLANDO, FL / ACCESSWIRE / May 7, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the first quarter ending March 31, 2024. Management Commentary PureCycle Chief Executive Officer Dustin Olson said, "We had a productive quarter in Ironton and were able to start providing existing and future customers with resin from the commercial facility, so they could begin to sample the material.

PureCycle Technologies Provides First Quarter 2024 Update

ORLANDO, FL / ACCESSWIRE / April 23, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Tuesday, May 7, 2024, to provide an update on recent corporate developments. A press release discussing such developments and other activity from the first quarter will be provided prior to the conference call.

PureCycle Schedules First Quarter 2024 Corporate Update

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IRONTON, OH / ACCESSWIRE / March 28, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), today, announced that its flagship purification facility in Ironton, Ohio will begin a scheduled operational pause on April 1, 2024. During the pause, several improvements will be made to the facility with the goal of increasing reliability and driving more consistent product quality.

Scheduled Operational Pause at Ironton Purification Facility to Begin in April

ORLANDO, FL / ACCESSWIRE / March 13, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT) and Churchill Container, today, announced the successful manufacturing of a polypropylene cup made with 50% PureCycle resin. Churchill Container produces rigid plastic cups for clients in the sports, theater and restaurant industries.

PureCycle Resin Used by Churchill Container to Produce Souvenir Cups

PureCycle Technologies, Inc. (NASDAQ:PCT ) Q4 2023 Results Conference Call March 6, 2024 11:00 AM ET Company Participants Christian Bruey - Corporate Communications Manager Dustin Olson - CEO Jaime Vasquez - CFO Conference Call Participants Gerry Sweeney - ROTH MKM Eric Stine - Craig-Hallum Operator Good day and thank you for standing by. Welcome to the PureCycle Technologies Fourth Quarter 2023 Corporate Update Conference Call.

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