PureCycle Technologies, Inc. is commercializing a patented purification recycling technology, originally developed by The Procter & Gamble Company, for restoring waste polypropylene into resin with near-virgin characteristics, called PureFive resin. PureFive resin represents the recycled resin products it produces, including ultra-pure resin and other grades used for compounding to meet customer specifications. Its process includes three stepsFeed Pre-Processing collects, sorts, and prepares polypropylene waste for purification. Purification step is a purification recycling process that uses a combination of solvent, temperature, and pressure to return the feedstock to near-virgin condition through a novel configuration of commercially available equipment and unit operations. Compounding allows for the modification of the resin to meet the end user’s qualifications with melt flow, flexibility, clarity and strength being some of the properties that can be tailored through compounding.
Company Information
About this company
Key people
Dustin Olson
Chief Executive Officer, Director
Jaime Vasquez
Chief Financial Officer
Brad S. Kalter
General Counsel, Corporate Secretary
Daniel M. Coombs
Non-Executive Chairman of the Board
Allen W. Jacoby
Lead Independent Director
Steven F. Bouck
Independent Director
Tanya Burnell
Independent Director
Siri Jirapongphan
Independent Director
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Key facts
- Shares in issue180.20m
- EPICPCT
- ISINUS74623V1035
- LocationUnited States
- SectorServices
- IndustryWaste Management Services
- Market cap$2.11bn
- Employees157
- ExchangeNASDAQ
- IndexTR Equity United States Index
- Website
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