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PCTTU| Name | Value |
|---|---|
| Revenues | 0.0M |
| Cost of Revenue | 14.0M |
| Gross Profit | -14.0M |
| Operating Expense | 13.8M |
| Operating I/L | -27.8M |
| Other Income/Expense | -26.3M |
| Interest Income | 0.0M |
| Pretax | -56.6M |
| Income Tax Expense | 28.8M |
| Net Income/Loss | -56.6M |
PureCycle Technologies, Inc. specializes in producing ultra-pure recycled polypropylene (PP) resin through a proprietary recycling process. The company holds a license for restoring waste PP into virgin-like resin by separating color, odor, and other contaminants from plastic waste feedstock. This innovative approach allows PureCycle to generate revenue by transforming plastic waste into high-quality recycled resin, catering to the growing demand for sustainable materials in various industries.
