PureCycle Technologies, Inc.
PCTTU
NASDAQ Capital Market15.49
USD
-0.01
- -
PureCycle Technologies, Inc.
PCTTU
(NASDAQ Capital Market)
Recent
price
15.49
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- PureCycle Technologies, Inc. specializes in plastic recycling, focusing on transforming polypropylene (PP) waste into ultra-pure recycled resin through a patented purification process originally developed by Procter & Gamble. Its core products include PureFive™ resin, an ultra-pure recycled polypropylene resin with virgin-like properties suitable for packaging, consumer goods, automotive, and industrial applications. The company offers end-to-end recycling services comprising feedstock sourcing, contaminant removal, purification, pelletizing, and quality control, enabling closed-loop recycling for polypropylene plastic. Founded in 2015 and headquartered in Orlando, Florida, PureCycle operates its primary recycling facility in Ironton, Ohio, with expansion plans for facilities in Europe and Asia. Recent major developments include PureCycle's operational scale-up at its Ironton facility, achieving a record production of 7.2 million pounds of PureFive resin in Q3 2025, with anticipated expansion to approximately 100 million pounds annual compounding capacity by year-end. The company secured €40 million from the EU Innovation Fund to support its planned European production facility in Antwerp, targeting mid-2028 commissioning. Strategic partnerships are integral to PureCycle's growth, including collaborations with global industrial manufacturer Milliken & Company and Nestlé to accelerate market applications, and a strategic partnership with AptarGroup to integrate PureCycle’s Ultra-Pure Recycled Polypropylene (UPRP) into dispensing systems across food and cosmetics markets. Additionally, PureCycle completed a $300 million Series B convertible preferred stock funding round in mid-2025 to finance the Gen 2 Purification expansion aiming for 300 million pounds annual capacity in Thailand and Belgium, part of a broader target of one billion pounds global installed capacity by 2030. The company also received regulatory certifications supporting food-contact applications in the EU, bolstering customer orders ahead of its European market entry. PureCycle operates within the circular economy and sustainable materials industry, serving manufacturers and brands globally looking to increase recycled polypropylene content in their products. Its business model emphasizes innovation in plastic recycling technology and global expansion with facilities and partnerships across the United States, Europe, and Asia to meet growing demand for sustainable resin alternatives.
PureCycle Technologies (NASDAQ:PCTTU) Stock Price Down 30.1% – Here’s Why