PureCycle Technologies Inc.

12.05

0.0000

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Market Cap:2.16B

PE:-10.42

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PureCycle and Landbell Group Collaborate to Advance Polypropylene Plastic Recycling in Europe

ACCESS Newswire

·

31 Mar

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A press release discussing such developments and other activity from the first quarter will be provided prior to the conference call.Participant Link: PureCycle Technologies First Quarter 2025 Corporate Update. PureCycle Technologies LLC., a subsidiary of PureCycle Technologies, Inc., holds a global license for the only patented dissolution recycling technology, developed by The Procter & Gamble Company (P&G), that is designed to transform polypropylene plastic waste  into a continuously renewable resource. 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PureCycle continues to hold approximately $87 million of salable Series A1 Southern Ohio Port Authority Revenue Bonds.This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securit","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/purecycle-announces-sale-approximately-30-120000765.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PCT","PCTTW","PCTTU"],"gpt_icon":0},{"id":"2523641059","title":"PureCycle and Landbell Group Collaborate to Advance Polypropylene Plastic Recycling in Europe","url":"https://stock-news.laohu8.com/highlight/detail?id=2523641059","media":"ACCESS Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523641059?lang=en_us&edition=fundamental","pubTime":"2025-03-31 15:00","pubTimestamp":1743404400,"startTime":"0","endTime":"0","summary":"ORLANDO, FL / ACCESS Newswire / March 31, 2025 / PureCycle Technologies, Inc. , a U.S.-based company revolutionizing plastic recycling, today, announced a collaboration with Landbell Group, a global operator of morethan 40 producer responsibility organizations  and a leading provider of closed-loop recycling solutions. The collaboration will help to prioritize and expand upcycling of polypropylene  waste into high-purity, recycled PP that can be used in high-value and demanding applications across Europe.PureCycle Belgium will be using its innovative form of dissolution recycling and experience from PureCycle's flagship plant in Ironton, Ohio, USA, which is expected to have an annual capacity of 48,600 tonnes once fully operational. PureCycle transforms polypropylene plastic into a versatile, replenishable resource through a unique purification process, involving multiple steps. The result is a PP-recyclate that can serve as a drop-in replacement to virgin PP. 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