PureCycle Technologies, Inc.
PCTTW
NASDAQ Capital Market4.40
USD
+0.50
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PureCycle Technologies, Inc.
PCTTW
(NASDAQ Capital Market)
Recent
price
4.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- PureCycle Technologies, Inc. (Nasdaq: PCTTW) develops and commercializes a patented purification recycling process, licensed from Procter & Gamble, that transforms polypropylene (PP) plastic waste, designated as No. 5 plastic, into ultra-pure recycled (UPR) resin, branded PureFive, with virgin-like properties suitable for high-value applications; the process separates color, odor, and contaminants from post-consumer and post-industrial feedstock without chemical reactions, enabling repeated recycling and targeting sectors including consumer product packaging and labeling, textiles, plastic parts, fiber, film, and injection molding. The company produces UPR resin pellets at its flagship Ironton, Ohio facility, which achieved a 200% quarter-over-quarter production increase in Q3 2024 and supplies initial customers primarily in North America; it operates pre-processing and sorting facilities, such as the full-capacity site in Denver, Pennsylvania, to handle feedstock procurement, sorting, shredding, and pelletizing. Founded in 2015 and headquartered at 5950 Hazeltine National Drive, Suite 650, Orlando, Florida, PureCycle conducts operations across the United States with facilities or developments in Ohio, Georgia (Augusta), and Illinois (Chicago), while pursuing international expansion in Europe (Antwerp, Belgium) and Asia (Rayong, Thailand). In June 2025, PureCycle secured a $300 million capital raise through Series B convertible preferred stock from investors including Duquesne Family Office LLC, Wasserstein Debt Opportunities, Samlyn Capital, Pleiad Investment Advisors, and Sylebra Capital Management to fund one billion pounds of global installed capacity by 2030, projecting $600 million annual EBITDA; this supports partnerships such as with IRPC Public Company Limited for a 130-million-pound line in Thailand starting construction in H2 2025 and operational by mid-2027, a similar line in Antwerp operational in 2028 pending 2026 permits, and an enhanced Generation 2 line exceeding 300 million pounds annually in Augusta with pre-processing operational by mid-2026 and purification by 2029. The company raised over $105 million previously via revenue bonds and equity for Ironton ramp-up and expansion, maintains strategic supply contracts and over 30 resin trials with resin producers, converters, and brands, and advances commercialization amid growing demand driven by sustainability mandates and recycled content regulations.
PureCycle Technologies (NASDAQ:PCTTW) Trading 14% Higher – Here’s What Happened