Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 1.3M |
Gross Profit | -1.3M |
Operating Expense | 27.7M |
Operating I/L | -29.0M |
Other Income/Expense | 5.5M |
Interest Income | 5.8M |
Pretax | -23.5M |
Income Tax Expense | 0.7M |
Net Income/Loss | -24.2M |
PureCycle Technologies LLC specializes in producing recycled polypropylene through an innovative recycling process that effectively separates color, odor, and contaminants from plastic waste feedstock, resulting in high-quality recycled polypropylene. The company offers a recycling service that converts waste plastic into a virgin-like plastic, catering to the growing demand for sustainable and eco-friendly materials in various industries.