The firms that are acquiring PureCycle announced a goal of having 30 commercial lines operational by 2030 and 50 by 2035. | fizkes/Shutterstock
PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.
PureCycle submitted a July 14 filing with the U.S. Securities and Exchange Commission (SEC) indicating investors had purchased $1.45 million in equity securities in the company. | Freedomz/Shutterstock
PP recycling startup PureCycle Technologies recently raised $1.45 million in investments, financial filings show. Meanwhile, an acquisition-focused company continues to eye PureCycle.