Company:  PURECYCLE TECHNOLOGIES, I ... (PCT)
Form Type:  4
Filing Date:  6/23/2022 
CIK:  0001830033 
Address:  5950 HAZELTINE NATIONAL DRIVE, SUITE 650 
City, State, Zip:  ORLANDO, Florida 32822 
Telephone:  877-648-3565 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$7.53  
Change: 
-0.11 (-1.44%)  
Trade Time: 
04:00 PM EST  
Market Cap: 
$1.23B
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Description of Business
PCT is commercializing a patented purification recycling technology (the "Technology"), originally developed by The Procter & Gamble Company ("P&G"), for restoring waste polypropylene into resin with near-virgin characteristics, called ultra-pure recycled ("UPR") resin, which has nearly identical properties and applicability for reuse as virgin polypropylene. PCT has a global license for the Technology from P&G. We are currently building our first commercial scale recycling facility (the "Ironton Facility"), which is expected to have capacity of approximately 107 million pounds/year when fully operational. Production is expected to commence in late 2022 and the plant is expected to be fully operational in 2023.
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  FORM 4
    NAME AND TITLE
    NON DERIVATIVE SECURITIES
    DERIVATIVE SECURITIES
    EXPLANATIONS AND REMARKS
    REPORTING OWNERS
    SIGNATURES