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.
Four materials recovery facilities in the eastern half of the U.S. will begin sorting polypropylene with financial assistance from major brands, retailers and other industry members brought together through The Recycling Partnership.
Supply and demand realities for key curbside plastics are evolving fast during the coronavirus pandemic, and they’ve led one major plastics recycling company to adjust operationally. Continue Reading
PP recycling startup PureCycle Technologies recently raised $1.45 million in investments, financial filings show. Meanwhile, an acquisition-focused company continues to eye PureCycle.