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PCT| Name | Value |
|---|---|
| Revenues | 0.0M |
| Cost of Revenue | 9.6M |
| Gross Profit | -9.6M |
| Operating Expense | 11.8M |
| Operating I/L | -31.8M |
| Other Income/Expense | 22.5M |
| Interest Income | 0.0M |
| Pretax | -9.4M |
| Income Tax Expense | 1.5M |
| Net Income/Loss | -10.9M |
PureCycle Technologies, Inc. specializes in producing ultra-pure recycled polypropylene (PP) resin through a proprietary recycling process. The company holds a license for transforming waste PP into virgin-like resin by removing color, odor, and other contaminants from plastic waste feedstock. PureCycle generates revenue by selling its high-quality recycled resin to manufacturers for use in various products, contributing to the circular economy and reducing the environmental impact of plastic waste.
