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PureCycle Technologies, Inc. is commercializing a patented purification recycling technology, originally developed by The Procter & Gamble Company, for restoring waste polypropylene into resin with near-virgin characteristics, called PureFive resin. PureFive resin represents the recycled resin products it produces, including ultra-pure resin and other grades used for compounding to meet customer specifications. Its process includes three stepsFeed Pre-Processing collects, sorts, and prepares polypropylene waste for purification. Purification step is a purification recycling process that uses a combination of solvent, temperature, and pressure to return the feedstock to near-virgin condition through a novel configuration of commercially available equipment and unit operations. Compounding allows for the modification of the resin to meet the end user’s qualifications with melt flow, flexibility, clarity and strength being some of the properties that can be tailored through compounding.
Find out what a historical investment in PURECYCLE TECHNOLOGIES INC would be worth today using our PCT stock calculator.
Market Capitalisation
$2.22B
Price-earnings ratio
-
Dividend yield
0.00%
Volume
4.09M
High today
$12.45
Low today
$11.54
Open price
$12.25
52-week high
$17.37
52-week low
$4.93
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