PureCycle Technologies, Inc.

IPL Schoeller & PureCycle Launch Off-the-Shelf Container Line, SnapPack Square EVO, Ahead of State Sustainability Mandates

PureCycle and IPL Schoeller launched the SnapPack Square EVO, a standardized container line incorporating 20% PureFive recycled polypropylene resin. The off-the-shelf packaging solution is designed to meet emerging state sustainability mandates, including New Jersey’s requirement for 20% post-consumer recycled content by 2027. Product availability begins in Fall 2026, expanding on a previous collaboration with Cleveland Kitchen to offer a compliant platform across multiple categories.

•2mo ago

PureCycle Technologies Reports Second Quarter 2026 Results

PureCycle reported Q2 revenue of $4.5 million, up 173% year-over-year, marking the sixth consecutive quarter of sequential growth and the first commercial resin deliveries to Procter & Gamble. Operations improved with the Ironton facility turnaround completed ahead of schedule and below budget, while the company achieved ISO 9001:2015 certification and secured regulatory approval for its resin in New Jersey. Liquidity was strengthened to $236.9 million following a June concurrent offering of notes and stock, providing funding for the commercial ramp, though the company recorded a net loss of $142.2 million.

•3mo ago

PureCycle & Mitsui Announce Strategic Partnership with RM TOHCELLO to Bring Recycled Polypropylene to Flexible Packaging in Japan

PureCycle Technologies, alongside Mitsui, announced a strategic partnership with RM TOHCELLO to supply recycled polypropylene for flexible packaging in Japan. The partnership successfully completed pilot-scale production runs using PureCycle's PureFive resin, with a formal commercial agreement anticipated in 2027 subject to import regulations. This development validates PureCycle's proprietary dissolution technology for biaxially oriented polypropylene (BOPP) film, a high-value market segment previously difficult to access with recycled content.

•3mo ago

PureCycle, IPL Schoeller Partner to Produce Sustainable Container for Cleveland Kitchen

PureCycle Technologies partnered with IPL Schoeller and Cleveland Kitchen to launch the first commercially produced food-contact grocery container made with PureFive(®) resin, featuring 25% post-consumer recycled content. The 24-ounce container enables compliance with emerging recycled-content mandates in states like New Jersey and California, where PureCycle's resin recently received conditional approval from the NJDEP. The companies plan to expand the collaboration across IPL Schoeller's portfolio, leveraging its global footprint of 26 manufacturing locations.

•4mo ago

PureCycle Advances Food-Contact PCR Solutions to Support New Jersey’s 2027 Recycled Content Requirement

PureCycle Technologies announced that the New Jersey Department of Environmental Protection confirmed its PureFive(®) resin qualifies as post-consumer recycled content under state law. This qualification supports brand owners in meeting the state's escalating recycled content mandates, which require 20% PCR in rigid plastic packaging by January 2027, rising to 50% by 2036. Amcor has demonstrated the viability of this solution by producing food-contact rigid containers containing at least 20% PureFive(®) resin.

•4mo ago

PureCycle Announces Closing of Concurrent Public Offerings of Convertible Senior Notes and Common Stock

PureCycle closed concurrent public offerings of $287.5 million in 4.75% convertible senior notes due 2032 and 19.85 million shares of common stock, resulting in aggregate net proceeds of approximately $432.5 million. The company plans to use $246.3 million of the proceeds to repurchase $216.0 million aggregate principal amount of its existing 7.25% Green Convertible Notes due 2030, a move that lowers its cost of capital and extends debt maturities. Morgan Stanley acted as sole bookrunner, and the new notes feature an initial conversion price of $11.08 per share, representing a 35% premium to the stock offering price.

•4mo ago

PureCycle, Innovia Films Partner to Successfully Produce White, Cavitated BOPP Film Using PureFive Choice™ Recycled Polypropylene 

PureCycle and Innovia Films successfully produced white, cavitated BOPP film using PureCycle’s PureFive Choice™ recycled polypropylene resin. The resulting film contains more than 40% post-consumer recycled content and matches the mechanical, barrier, and sealing properties of virgin resin. This trial validates PureCycle’s technology for high-value food-contact packaging, addressing a key gap for brand owners facing regulatory pressure and sustainability pledges.

•5mo ago

PureCycle and StackTeck Successfully Produce Living Hinge Cap Using PureFive® Recycled Polypropylene

PureCycle and StackTeck successfully produced a living hinge cap using up to 100% PureFive® recycled polypropylene resin. The cap passed rigorous mechanical performance tests, including living hinge fatigue tests, demonstrating that post-consumer recycled resin can match virgin polypropylene in demanding applications. This milestone validates the technical viability of PureCycle’s dissolution recycling process for high-performance packaging, unlocking new opportunities for brand owners seeking sustainable alternatives without sacrificing functionality.

•5mo ago

PureCycle Achieves ISO 9001:2015 Certification, Demonstrating Operational Maturity and Customer Readiness at Scale

PureCycle Technologies announced it has achieved ISO 9001:2015 certification for its Quality Management System at its Ironton, Ohio dissolution recycling facility. The certification was granted by DQS Global following an independent audit that confirmed documented, repeatable processes and a structured approach to risk management. This milestone adds to PureCycle’s portfolio of third-party validations, including FDA No Objection Letters and REACH compliance, reinforcing its operational maturity for commercial scale-up.

•5mo ago

PureCycle (Thailand) Admitted to Thailand’s FastPass Investment Acceleration Program

PureCycle’s Thailand subsidiary has been admitted to the Thailand FastPass Investment Acceleration Program by the Office of the Board of Investment (BOI). The certificate, valid through December 2028, provides facilitated access to approval and permitting processes for the planned polypropylene recycling facility in Rayong. This follows the BOI’s earlier approval of the investment and supports PureCycle’s roadmap to reach one billion pounds of installed recycling capability by 2030.

•5mo ago

Reliable Caps, PureCycle Partner to Offer Closures for Contact-Sensitive Applications Using PureFive® Recycled Polypropylene

PureCycle Technologies announced a partnership with Reliable Caps to produce closures for contact-sensitive applications using PureFive Ultra recycled polypropylene. Reliable Caps successfully produced white closures with up to 75% certified post-consumer recycled (PCR) content, marking one of the first uses of PureFive resin in such demanding, regulated applications. The collaboration addresses growing regulatory mandates for recycled content in packaging, such as the EU’s PPWR and US EPR frameworks, offering brand owners a compliant solution that maintains the aesthetic and performance qualities of virgin resin.

•5mo ago

Plastic Ingenuity Advances Sustainable Coffee Lid Production with PureFive® Recycled Polypropylene Through Strategic Collaboration with PureCycle

PureCycle Technologies (PCT) partnered with Plastic Ingenuity to incorporate its PureFive® recycled resin into the production of coffee lids. The new lids range from 25% to 100% recycled content, targeting a high-volume segment of the food service market to reduce reliance on virgin plastics. PureFive® resin is created using PureCycle’s proprietary dissolution process and is FDA-compliant for food-contact applications.

•6mo ago

Innventure Further Details Its Capital Allocation Strategy

Innventure detailed its capital allocation strategy, emphasizing a long-term ownership approach and a disciplined flexibility to minimize dilution at the parent level. The framework evaluates the cost of capital at both the parent and operating-company levels, allowing subsidiaries like Accelsius to raise funds independently when efficient. Capital intended for distribution to shareholders includes all proceeds above a $250–$350 million operating buffer, similar to the $467 million returned from the PureCycle listing.

•6mo ago