PureCycle Technologies Inc (PCT) USD0.001
$0.48
(4.63%)
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$0.48
(4.63%)
Deal for just £11.95 per trade in a
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Lifetime ISA
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SIPP
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Fund and Share Account
Business summary
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.
Contact details
Important dates
General stock information
- Short code:
- PCT
- ISIN:
- US74623V1035
- Market cap:
- $1.85 billion
- Shares in issue:
- 173.49 million
- Sector:
- Commodity Chemicals
- Exchange:
- NASDAQ
- Country:
- United States
- Currency:
- US dollar
- Indices:
- n/a
Key personnel
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