ORLANDO, FL / ACCESS Newswire / February 28, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced that on February 18, 2025, the U.S. District Court for the District of Delaware issued an order granting preliminary approval of a settlement to resolve shareholder derivative lawsuits and certain shareholder demand letters. In a...
ORLANDO, FL / ACCESS Newswire / February 27, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the fourth quarter and fiscal year ending December 31, 2024. Management Commentary PureCycle CEO Dustin Olson commented, "The fourth quarter was one of significant progress for the Company.
ORLANDO, FL / ACCESS Newswire / February 12, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, February 27, 2025 to provide an update on recent corporate developments. A press release discussing such developments and other activity from the fourth quarter and fiscal year ended December 31, 2024 will...
ORLANDO, FL / ACCESS Newswire / February 6, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT) and Churchill Container, today, announced a new line of cups manufactured primarily with recycled PureFive™ resin. Churchill Container produces rigid plastic cups and buckets for clients in the sports, theater, and restaurant industries.
ORLANDO, FL / ACCESS Newswire / February 5, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, entered into a transaction anchored by Pleiad Investment Advisors Limited, with participation from Sylebra Capital Management, and Samlyn Capital, LLC to raise gross proceeds of $33 million. PureCycle anticipates that the transaction will close on February 6, 2025.
ORLANDO, FL / ACCESS Newswire / January 21, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), today, announced the initial sale of nearly 500,000 pounds of resin to Drake Extrusion Inc. (Drake) for the production of continuous filament yarns, which could be used to make items such as rugs, upholstery, and apparel. Drake is North America's leading manufacturer of colored filament yarn, and stapl...
PureCycle Technologies, leveraging proprietary technology licensed from Procter & Gamble, converts polypropylene waste into ultra-pure recycled resin, positioning itself as a leader in the nascent plastics recycling industry. Despite high volatility and significant risks, including operational delays and financial constraints, PCT's innovative approach and strong leadership offer substantial gr...
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