PureCycle to start plant construction

PureCycle Technologies LLC (PureCycle) has completed the bond financing required to build its first plant in Ironton, Ohio. With the financing of the first plant complete, PureCycle is able to accelerate its long-term growth strategy, which includes accelerated plant builds and capacity, as well as expansion in the United States to meet demonstrated and heightened demand for a sustainable solution to recycled polypropylene (PP) plastics around the world.

“The need of a solution for PP waste has been and continues to be a driving force for PureCycle. It is even more relevant during our current health crisis that a global solution be the focus to close the loop on making polypropylene a recyclable, valued material instead of letting it wash up on our shores,” stated Mike Otworth, PureCycle CEO.

Last year, PureCycle delivered a groundbreaking announcement that Phase I of the project, the Feedstock Evaluation Unit, had purified waste carpet – transforming discarded carpet into clear, odourless, ultra-pure recycled polypropylene (UPRP). This successful run at scale brings innovation to the forefront within the PP recycling industry.

Upon completion, PureCycle’s first plant is expected to produce over 105 million pounds of ultra-pure recycled polypropylene (UPRP) per year, which will be used in consumer goods packaging, home furnishings, and other applications that currently have very limited options for recycled PP today. PureCycle is also working toward submitting for a letter of non-object from the Food and Drug Administration for its UPRP to be used in food grade applications.

PureCycle Technologies offers the only recycled polypropylene with properties comparable to virgin polymer. Its proprietary process removes colour, odour, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. PureCycle Technologies licenses this technology from Procter & Gamble.