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.

ORLANDO, Fla. , Aug. 9, 2022 /PRNewswire/ -- Innventure, LLC.

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ORLANDO, Fla. , Aug. 4, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, announced today that Larry Somma, Chief Financial Officer, will present at Jefferies' Industrials Conference, which is being held in-person at the InterContinental Barclay in New York City, August 9-10, 2022.

PureCycle Technologies to Present at Jefferies' Industrials Conference on August 10th, 2022

ORLANDO, Fla. , July 27, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Friday, August 12, 2022, to provide an update on recent corporate developments.

PureCycle Technologies Schedules Second Quarter 2022 Corporate Update Conference Call for Friday, August 12, 2022, at 11:00 a.m. ET

Philadelphia, Pennsylvania--(Newsfile Corp. - July 23, 2022) - Kaskela Law LLC announces that it is investigating PureCycle Technologies, Inc. (NASDAQ: PCT) on behalf of the company's investors.The investigation seeks to determine whether PureCycle and/or the company's officers and directors violated the securities laws or breached their fiduciary duties in connection with recent corporate actions, thereby causing harm to the company's investors.PureCycle shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of PureCycle Technologies, Inc. (PCT) and Encourages Investors to Contact the Firm

Purecycle Technologies Inc (NASDAQ: PCT) has promoted Dustin Olson, current Chief Operating Officer and Chief Manufacturing Officer, to the role of CEO, along with becoming a member of the board, effective August 5, 2022. Mr. Olson succeeds Mike Otworth, who will resign to return to.

Purecycle Technologies Shares Slide On Leadership Changes Announcement

Dustin Olson will serve as the Company's second CEO ORLANDO, Fla. , June 30, 2022 /PRNewswire/ -- Today, PureCycle Technologies, Inc. (NASDAQ: PCT) announced three key leadership changes effective August 5, 2022, that are expected to propel the company's transition to a leading global manufacturing and technology company.

PureCycle Announces Key Leadership Changes, New Chief Executive Officer

ORLANDO, Fla. , June 15, 2022 /PRNewswire/ -- Today, PureCycle Technologies, Inc. (Nasdaq: PCT) celebrated its second annual day of service, Pure Planet Day, in Florida and Ohio.

PureCycle 'Pure Planet Day' Turns out Volunteers to Impact Change, Keep Communities Beautiful

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ORLANDO, Fla. , June 6, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, announced today that Larry Somma, Chief Financial Officer, will present at Cowen's 2nd Annual Sustainability & Energy Transition Summit, which is being held virtually on June 7-8, 2022.

PureCycle Technologies to Present at Cowen's 2nd Annual Sustainability & Energy Transition Summit on June 8th, 2022

ORLANDO, Fla. , June 1, 2022 /PRNewswire/ -- Today, PureCycle Technologies, Inc. (NASDAQ: PCT) announced the appointment of a new member to its Board of Directors, Daniel M.

PureCycle Welcomes New Member to Board of Directors

Philadelphia, Pennsylvania--(Newsfile Corp. - May 28, 2022) - Kaskela Law LLC announces that it is investigating PureCycle Technologies, Inc. (NASDAQ: PCT) on behalf of the company's long-term investors.The investigation seeks to determine whether PureCycle and/or the company's officers and directors violated the securities laws or breached their fiduciary duties in connection with recent corporate actions, thereby causing harm to the company's long-term investors.Current PureCycle shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela,...

PCT SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of PureCycle Technologies, Inc. and Encourages PCT Shareholders to Contact the Firm

Company Releases Inaugural ESG Report with Preliminary LCA Data ORLANDO, Fla., May 18, 2022 /PRNewswire/ -- Today, PureCycle Technologies, Inc. (Nasdaq: PCT) released its inaugural Environment, Social, and Governance (ESG) Report including third party preliminary Life Cycle Assessment (LCA) data that shows the company's purification process for recycling polypropylene (designated as No.

PureCycle Process Expected to Use Less Energy, Lower Carbon Emissions than New Plastic Production

PureCycle Technologies, Inc. (NASDAQ:PCT ) Q1 2022 Earnings Conference Call May 12, 2022 11:00 AM ET Company Participants Mike Otworth – Chairman and Chief Executive Officer Larry Somma – Chief Financial Officer Dustin Olson – Chief Operating Officer and Chief Manufacturing Officer Conference Call Participants Hassan Ahmed – Alembic Global Eric Stine – Craig-Hallum Noah Kaye – Oppenheimer Thomas Boyes – Cowen & Co Steve Byrne – Bank of America Operator Thank you for standing by and welcome to the PureCycle Technologies First Quarter 2022 Corporate Update Conference Call. At this time all participants are in a listen-only mode.

PureCycle Technologies' (PCT) CEO Mike Otworth on Q1 2022 Results - Earnings Call Transcript

PureCycle's flagship purification facility in Ironton, Ohio, remains on schedule targeting mechanical completion in early fourth quarter 2022 and expected pellet production by year-end 2022. Construction is underway for PureCycle's second purification facility, the first multi-line purification facility in Augusta, Georgia, with Phase 1 (260 million pounds capacity) on track for startup in fourth quarter of 2023.

PureCycle Technologies Provides First Quarter 2022 Update

ORLANDO, Fla. , April 27, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, May 12, 2022, to provide an update on recent corporate developments.

PureCycle Technologies Schedules First Quarter 2022 Corporate Update Conference Call for Thursday, May 12, 2022, at 11:00 a.m. ET

PureCycle is a company developing a process that recycles polypropylene back into pure resins.

PureCycle Tech: Production Must Start In 2022

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A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore, and bring order to the markets.

8 Stocks Halted In Tuesday's Session

NAPLES, Fla. , March 24, 2022 /PRNewswire/ -- Today, PureCycle Technologies, Inc. (Nasdaq: PCT)–a U.S.-based company revolutionizing plastic recycling–was named in the top 10 of 'Best Places to Work' by Plastic News.

PureCycle Named No. 9 'Best Places to Work' by Plastics News

Second Plastic Waste Purification Facility Brings Sustainability Mission to Southeast AUGUSTA, Ga. , March 22, 2022 /PRNewswire/ -- Today, PureCycle Technologies, Inc. (Nasdaq: PCT) will break ground on its second U.S. plastic waste purification facility in Augusta, Georgia, which will enable PureCycle to expand production of its ultra-pure recycled (UPR) resin.

PureCycle Breaks Ground on New Recycling Facility in Augusta, Georgia

Company bids farewell to founding board member ORLANDO, Fla. , March 17, 2022 /PRNewswire/ -- Today, PureCycle (NASDAQ: PCT) announced the appointment of two new members to its Board of Directors.

PureCycle Adds Top Industry Leaders to Board of Directors

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PureCycle Technologies, Inc. (PCT) CEO Mike Otworth on Q4 2021 Results - Earnings Call Transcript

The company "reported" earnings, but the bigger story was probably the cash infusion from investors.

Why PureCycle Technologies Stock Jumped 14% in Early Trading Today

WINNIPEG, MB , March 9, 2022 /PRNewswire/ - Winpak Ltd. (WPK), a manufacturer and distributor of high-quality packaging materials for perishable foods, beverages and healthcare announced today that PureCycle Technologies, Inc. (NASDAQ: PCT) will be providing Winpak with Ultra-Pure Recycled (UPR) Polypropylene (PP) from its newest facility to be constructed in Augusta, Georgia.

Winpak Broadens Sustainability Offering with Access to PureCycle Ultra-Pure Recycled Resin

ORLANDO, Fla., March 9, 2022 /PRNewswire/ -- 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.

News for PureCycle Technologies Stock (PCT)