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Purecycle Technologies Inc

PCTTU
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15.500USD

0.000
Close 09/19, 16:00ETQuotes delayed by 15 min
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Purecycle Technologies Inc

15.500

0.000
Intraday
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0.00%

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6 Months

+75.74%

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+20.44%

1 Year

+48.33%

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PureCycle Technologies, Inc. is commercializing a patented purification recycling technology (the Technology), originally developed by The Procter & Gamble Company, for restoring waste polypropylene into resin with near-virgin characteristics, called ultra-pure recycled (UPR) resin. Its process includes two steps: Feed Pre-Processing (Feed PreP) and the use of the Technology for purification. The Feed PreP step will collect, sort, and prepare polypropylene waste (feedstock) for purification. The 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. The purification process puts the plastic through a physical extraction process using critical fluids that both extract and filter out contaminants and purify the color, opacity, and odor of the plastic without changing the bonds of the polymer.
Ticker SymbolPCTTU
CompanyPurecycle Technologies Inc
CEOMr. Dustin Olson
Websitehttps://purecycle.com/
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