PureCycle Technologies, Inc. (PCT)

Profile

https://www.purecycle.com

PureCycle Technologies Inc. is a pioneering company in the sustainable plastics industry, specializing in advanced recycling of polypropylene (PP) plastic waste. Its proprietary, patented solvent-driven purification process, licensed from Procter & Gamble and commercialized by the company, separates color, odor, and contaminants from post-consumer plastic feedstock to produce Ultra-Pure Recycled (UPR) resin, also known as PureFive® resin, with properties comparable to virgin material. This innovative technology addresses the global challenge of recycling PP, one of the highest-volume and most versatile plastics with historically low reclamation rates, enabling its reintegration into high-value, consumer-facing applications. PureCycle Technologies Inc. operates across the plastics value chain through strategic partnerships and supply contracts with resin producers, converters, and consumer brands, supporting sustainability goals amid rising demand for recycled content. Founded in 2015 and headquartered in Orlando, Florida, the company plays a crucial role in environmental services and industrials sectors by transforming plastic waste into a replenishable resource.