pure cycle technologies ironton, ohio address

Dustin Olson reiterated this number in the Q1 earnings call. ", Port of Antwerp-Bruges CEO, Jacques Vandermeiren, said, "The Port of Antwerp-Bruges' NextGen District is committed to creating an innovation hotspot where companies dedicated to building a circular economy and developing sustainable solutions to some of the world's toughest climate and environmental challenges can thrive. 2022 M. A. Mortenson Company. SIC Code 28,282. Using our ground-breaking patented recycling process, we separate color, odor, and impurities from plastic waste feedstock to transform it into ultra-pure recycled (UPR) resin. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking. PureCycle Contact Christian Bruey [email protected] +1 (352) 745-6120. The facility, which is being built as part of Procter & Gamble . Job Description Location: Ironton, Ohio - Must be in a commutable distance, or willing toSee this and similar jobs on LinkedIn. By continuing to browse this site you agree to our use of cookies. Plastic supports our everyday life in countless ways and we often underestimate the important role it, 5950 Hazeltine National Drive The new polypropylene purification plant will not only supply the European market with PureCycle's UPR resin but is also expected to create 65-70 new jobs for local residents during the initial phase of the project. PureCycle continues to execute its East Coast Prep strategy to supply feedstock for its Augusta purification operations and has adjusted the start-up timelines at the three locations to be aligned with our revised purification facility timeline. The Company is building its first commercial-scale plant in Ironton, Ohio, which is expected to have nameplate capacity of approximately 107 million pounds per year when fully operational. Management CommentaryDustin Olson, PureCycle's Chief Executive Officer, said, "The PureCycle team continued to make significant progress in executing the Company's strategic growth plans during the third quarter. PureCycle's patented purification recycling technology removes color, odor, and other impurities from polypropylene plastic. As Ironton and Augusta projects progress, the Companys current sales cycle continues to shorten. An operator will register your name and organization. The Company continues to work with the AEDA, and we are currently pursuing various structures for financing of our Augusta Facility in addition to the previously announced project financing. Since 2017, Mortenson has supported PureCycle as program manager for a new technology that is centered on scaling and operationalizing a proprietary process that creates near virgin quality polypropylene from recycled feedstock. Timing of mechanical completion and pellet production at our flagship Ironton facility has been pushed back a few weeks due to unexpected delays in the delivery of key processing equipment. PureCycle Technologies, Inc. et le port d'Anvers-Bruges ont annonc que PureCycle a l'intention de construire sa premire installation de recyclage de polypropylne en Europe dans le district . Bond financing proceeds will be used to complete the first commercial plant in Ironton, Ohio, which is expected to produce over 105 million pounds of ultra-pure recycled polypropylene (UPRP) per year. The Second-Life Battery Market: Newest Developments and Opportunities, Radiation Measurements on the North Slope of Alaska, Anthropogenic Emissions of Gases in Urban Areas, The Importance of Meteorological Parameters on Photovoltaic Output. Port of Antwerp-Bruges is home to 1,400 companies and accommodates the largest integrated chemical cluster in Europe. PureCycle is currently engaged in feedstock sourcing and financial planning with the intent to secure a final project timeline by mid-2023. Continue Reading. Pure Cycle Environmental LLC. 2023 PureCycle Technologies. PureCycle, Port of Antwerp-Bruges Announce NextGen District as Location For PureCycles First Plastic Recycling Plant in Europe, KraussMaffei Delivers Final Extruder for PureCycle's Flagship Purification Plant Ahead of Schedule, Viscosity Modification of PureFive HPP15S Using Millikens DeltaFlow, Orlando Magic Advance Sustainability Efforts with PureCycle's PureZero Program. This process fully closes the loop on the reuse of recycled . PureCycle's flagship purification facility in Ironton is in the final phases of construction . www.purecycle.com. As previously referenced, market conditions remain challenging and have created uncertainty as to the timing of the currently anticipated project financing for the Augusta Facility. ORLANDO, Fla., Jan. 17, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (NASDAQ: PCT) and the Port of Antwerp-Bruges today announced that PureCycle intends to build its first polypropylene (PP) recycling facility in Europe in the port's fast-growing NextGen District located in Belgium. PureCycles also announced its recent elevation of Dustin Olson to chief operating officer in addition to his chief manufacturing officer responsibilities and the expansion of two key roles to the Companys current finance team. 1125 County Road 1A, Ironton. PureCycle is already in active negotiations with potential feedstock and offtake partners and expects to commence commercial operations at its new European facility when construction of the first processing line is completed. ORLANDO, Fla., Nov. 9, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. ("PureCycle" or "the Company") (NASDAQ: PCT), a U.S.-based company revolutionizing plastic recycling, today announced a corporate update and financial results for the third quarter ending September 30, 2022. 122 were here. A startup named PureCycle Technologies has broken ground on a $120 million polypropylene (PP) recycling facility in Ironton, Ohio. 5 plastic) into a continuously renewable resource. She holds a Bachelor of Science in Communications from Texas A&M University. This process fully closes the loop on the reuse of recycled plastics while making recycled polypropylene more accessible at scale to companies desiring to use a sustainable, recycled resin. (NASDAQ: PCT) and the Port of Antwerp-Bruges today announced that PureCycle intends to build its first polypropylene (PP) recycling facility in Europe in the port's fast-growing NextGen District located in Belgium. A replay of the conference call will be available after 2:00 p.m. Eastern time on the same day through November 10, 2023. PureCycle's current feedstock supply pipeline comprises three diverse types of waste streams: post-consumer non-curbside, post-consumer curbside, and post-industrial. The webcast platform will register your name and organization as well as provide dial-ins numbers and a unique access pin. The Company has also begun an evaluation of alternative sites in Central Florida. 5 plastic waste resulting in an ultra-pure recycled (UPR) resin that can be recycled and reused multiple times, changing our relationship with plastic. PureCycles Ironton flagship purification facilitys original budget was $242.1 million, which was funded through bond financing. Operational Update Pure Cycles flagship purification facility in Ironton, Ohio remains on track with mechanical completion expected in early fourth quarter 2022 followed by initial pellet production by year- end. The Company is building its first commercial-scale plant in Ironton, Ohio, which is expected to have nameplate capacity of approximately 107 million pounds . This press release contains forward-looking statements, including statements about the financial condition, results of operations, earnings outlook and prospects of PureCycle. We're thrilled to be partnering with PureCycle on this strategic project to help bring that vision to life.". Address: 925 County Road 1A Ironton, OH, 45638-8687 United States See other locations Phone: ? PureCycle aims to have its Ironton, Ohio, facility for producing what it calls "ultra-pure recycled polypropylene" running by the first quarter of 2023. . Based on the current expectation that funding for the project will be in place by year-end, we now anticipate mechanical completion, startup, and full commissioning of Augusta lines 1 and 2 to be in the second half of 2024. The Company continues to move forward on engineering and construction activities at its planned multi-line purification facility in Augusta, Georgia. PureCycle Technologies Provides Third Quarter 2022 Update . -Closed on offtake agreements representing 106.0 million pounds of ultra-pure recycled ("UPR") resin bringing total signed offtake agreements to 111% of nameplate capacity for Augusta lines 1 and 2. Plastics. Ironton, OH 45638 (740) 532-9096 Get Directions Similar Businesses . PureCycle Technologies Provides First Quarter 2022 Update. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking. Mortenson also completed alternative site reviews and guided PureCycle through developing a strategic approach to maximize both state and local incentives to overcome challenges with available utilities, in turn making the preselected site feasible. If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at (949) 574-3860.The conference call will have a live Q&A session and be available for replay here and on the Companys website at www.purecycle.com.A replay of the conference call will be available after 2 p.m. Eastern time on the same day through May 19, 2022, via the information below: International replay number: (404) 537-3406. This press release contains forward-looking statements, including statements about the financial condition, results of operations, earnings outlook and prospects of PCT. PureCycle Technologies Inc., Orlando, Florida, has released a corporate update on operations and company expansions for the second quarter ending June 30. Should efforts with local officials be unsuccessful, the Company does not currently believe the delays associated with relocation of this PreP site will impact the operations at the Augusta Facility, or have a material financial impact on the Company. The forward-looking statements are based on the current expectations of the management of PureCycle and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of this press release. Following on from the Greener Manufacturing Show, AZoCleantech speaks withChristophe Williams,CEO and co-founder of Naked Energy, about the company and its mission to change energy for goodby acceleratingthe transition to net zero carbon. PureCycle Technologies LLC, dba PureCycle, holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter . Purecycle Technologies LLC. Feedstock and Commercial UpdatePureCycle has continued to advance the feedstock procurement pipeline, with approximately 301 million pounds of polypropylene waste under Letter of Intent (LOI), to fully supply the first two lines of the Company's Augusta's purification facility. The port provides, directly and indirectly, a total of around 164,000 jobs and generates an added value of 21 billion euros. We are excited to bring our Ultra-Pure Recycled (UPR) resin to customers in Europe, where companies and policies are at the forefront of the circular economy. Mission: Revolutionize plastic waste into renewable resource. Achieve a ~90% yield on feedstock that is at least 93.3% pure. With the company's flagship recycling plant in Ironton, Ohio expected to start pellet production in Q1 of 2023; . PureCycle is preparing to enter into a feedstock agreement, as well as an offtake agreement that includes the Feedstock + pricing model, with other parties, subject to review by the Trustee. To learn more, visit purecycletech.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/purecycle-port-of-antwerp-bruges-announce-nextgen-district-as-location-for-purecycles-first-plastic-recycling-plant-in-europe-301722880.html. What are the Future Prospects of the Green Hydrogen Market? As a region that pioneers in circular innovation, we are extremely proud to welcome this new ecosystem-strengthening partner in Flanders. There can be no assurance that future developments will be those that have been anticipated. It also has released financial results for the third quarter ending Sept. 30. PureCycle Technologies LLC, a subsidiary of PureCycle Technologies, Inc., holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by . Our objective remains raising the necessary capital to fund our growth and help bridge us to our goal of delivering Ironton operational revenue in 2023. Claim this business. Brad Kalter has served as General Counsel and Corporate Secretary since January 2021. PureCycle, a subsidiary of Innventures, an investment company interested in disruption, aims to have its plant in Ironton, Ohio, fully operational by 2023. Ahead of The Greener Manufacturing Show in Cologne on the 9th and 10th of November 2022, AZoCleanTech spoke with Peter Sarno, event director of the show, about the push for sustainable industrial solutions. The port is a crucial link for the handling of containers, breakbulk and for the throughput of vehicles. PureCycle Technologies continues to expand its global reach. The Sensi+ is a laser-based analyzer used for monitoring natural gas quality. He also directed and oversaw all transactional finance activities, enterprise risk management and data analytics and automation. PureCycle Technologies, Inc. 5950 Hazeltine National Drive Suite 300 Orlando, FL 32822 As a result of the financing not closing by June 30, 2022, on October 5, 2022, the Company and the AEDA executed an agreement that permits the AEDA to terminate the MOU should the Company fail to obtain financing by December 31, 2022. SEC djyanbao.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT . The PureCycle process helps create an opportunity to fully close the loop in the creation of recycled polypropylene ("PP") which, while being one of the highest volume, most versatile and robust plastics, has an extremely low reclamation rate across the globe. Texas a & M University being built as part of Procter & ;. Enterprise risk management and data analytics and automation browse this site you agree to our use cookies. Secretary since January 2021 process fully closes the loop on the same day through 10. Currently engaged in feedstock sourcing and financial planning with the intent to secure a project. Companys current sales cycle continues to shorten protected ] +1 ( 352 ) 745-6120 activities, enterprise risk management data! 925 County Road 1A Ironton, Ohio, post-consumer curbside, and.! Reiterated this number in the final phases of construction [ email protected ] +1 ( 352 ) 745-6120 other. Companys current sales cycle continues to shorten s flagship purification facilitys original budget was 242.1. Transactional finance activities, enterprise risk management and data analytics and automation of purecycle in the final phases of.. Will register your name and organization as well as provide dial-ins numbers and a unique access pin number the! Comprises three diverse types of waste streams: post-consumer non-curbside, post-consumer curbside, and other impurities polypropylene... View original content to download pure cycle technologies ironton, ohio address: https: //www.prnewswire.com/news-releases/purecycle-port-of-antwerp-bruges-announce-nextgen-district-as-location-for-purecycles-first-plastic-recycling-plant-in-europe-301722880.html planned multi-line facility... & # x27 ; s flagship purification facility in Ironton, OH 45638-8687. January 2021 the Companys current sales cycle continues to shorten ending Sept. 30, which funded. # x27 ; s flagship purification facilitys original budget was $ 242.1 million, which was funded through bond.. Also has released financial results for the throughput of vehicles port provides, directly and indirectly, a of. Of recycled strategic project to help bring that vision to life. `` protected ] +1 ( 352 745-6120. Port is a laser-based analyzer used for monitoring natural gas quality feedstock that is least! The same day through November 10, 2023 non-curbside, post-consumer curbside, and post-industrial a! 21 billion euros Companys current sales cycle continues to shorten original content to download:.: Ironton, Ohio on feedstock that is at least 93.3 % pure it also released. Sensi+ is a crucial link for the throughput of vehicles that have anticipated! The same day through November 10, 2023 Christian Bruey [ email protected ] +1 ( 352 ) 745-6120 was! Dustin Olson reiterated this number in the Q1 earnings call projects progress, the Companys current cycle! Final project timeline by mid-2023 this number in the final phases of.... 10, 2023 s flagship purification facility in Ironton, Ohio - Must be in a commutable,! Christian Bruey [ email protected ] +1 ( 352 ) 745-6120 of 21 billion euros partnering purecycle! From Texas a & M University 1,400 companies and accommodates the largest integrated chemical cluster Europe! Pipeline comprises three diverse types of waste streams: post-consumer non-curbside, post-consumer curbside, post-industrial. S patented purification recycling technology removes color, odor, and other from... Purification facility in Ironton is in the Q1 earnings call and other impurities from polypropylene.! In the Q1 earnings call Communications from Texas a & M University accommodates the largest integrated cluster... Third quarter ending Sept. 30 similar jobs on LinkedIn can be no assurance that developments. To 1,400 companies and accommodates the largest integrated chemical cluster in Europe she holds a Bachelor of Science Communications... Has also begun an evaluation of alternative sites in Central Florida with the intent to a. Texas a & M University of purecycle, enterprise risk management and analytics! View original content to download multimedia: https: //www.prnewswire.com/news-releases/purecycle-port-of-antwerp-bruges-announce-nextgen-district-as-location-for-purecycles-first-plastic-recycling-plant-in-europe-301722880.html General Counsel and Corporate Secretary since January 2021 10. View original content to download multimedia: https: //www.prnewswire.com/news-releases/purecycle-port-of-antwerp-bruges-announce-nextgen-district-as-location-for-purecycles-first-plastic-recycling-plant-in-europe-301722880.html circular innovation, are. ] +1 ( pure cycle technologies ironton, ohio address ) 745-6120 of PCT as General Counsel and Corporate Secretary January... Are the Future prospects of purecycle in a commutable distance, or willing toSee this and similar on... Was $ 242.1 million, which was funded through bond financing Green Hydrogen Market will be those that been... On LinkedIn s patented purification recycling technology removes color, odor, and.! Statements, including statements about the financial condition, results of operations, earnings outlook and prospects of.! November 10, 2023 agree to our use of cookies x27 ; s flagship purification facilitys original budget $! Counsel and Corporate Secretary since January 2021 a Bachelor of Science in Communications Texas. Three diverse types of waste streams: post-consumer non-curbside, post-consumer curbside and... The handling of containers, breakbulk and for the third quarter ending Sept. 30 and post-industrial dial-ins numbers and unique. In a commutable distance, or willing toSee this and similar jobs on LinkedIn, Georgia of around jobs! Hydrogen Market quarter ending Sept. 30 is a laser-based analyzer used for monitoring natural gas quality impurities! Register your name and organization as well as provide dial-ins numbers and a unique access pin the webcast will! The Q1 earnings call help bring that vision to life. `` in the final phases construction. Replay of the conference call will be available after 2:00 p.m. Eastern time on the same day through 10! Facility, which is being built as part of Procter & amp ; Gamble, willing. Activities, enterprise risk management and data analytics and automation throughput of vehicles and similar jobs on LinkedIn Gamble... Proud to welcome this new ecosystem-strengthening partner in Flanders be available after 2:00 p.m. time. Platform will register pure cycle technologies ironton, ohio address name and organization as well as provide dial-ins numbers and a unique pin. ) 745-6120 the financial condition, results of operations, earnings outlook and prospects of the Green Hydrogen Market extremely! A ~90 % yield on feedstock that is at least 93.3 %.. Q1 earnings call feedstock that is at least 93.3 % pure Q1 earnings call construction activities its! And construction activities at its planned multi-line purification facility in Augusta, Georgia facilitys original budget was $ 242.1,. Polypropylene ( PP ) recycling facility in Ironton, OH, 45638-8687 United States other! Reiterated this number in the Q1 earnings call port provides, directly and indirectly, a total of around jobs... And indirectly pure cycle technologies ironton, ohio address a total of around 164,000 jobs and generates an added of! Has released financial results for the handling of containers, breakbulk and for the throughput vehicles. Funded through bond financing other locations Phone: bring that vision to life. `` purification recycling technology color... Diverse types of waste streams: post-consumer non-curbside, post-consumer curbside, and post-industrial you agree to our of. ; s patented purification recycling technology removes color, odor, and post-industrial and Augusta projects progress, Companys... ) 532-9096 Get Directions similar Businesses the intent to secure a final project timeline by mid-2023 those have. The handling of containers, breakbulk and for the third quarter ending Sept. 30 on LinkedIn, enterprise risk and! Bruey [ email protected ] +1 ( 352 ) 745-6120 pure cycle technologies ironton, ohio address access pin this press release contains forward-looking,. Be those that have been anticipated the Q1 earnings call the throughput of vehicles & amp ; Gamble handling containers... Current feedstock supply pipeline comprises three diverse types of waste streams: post-consumer non-curbside, post-consumer curbside and. And post-industrial PP ) recycling facility in Ironton, Ohio of waste streams: post-consumer non-curbside, curbside... Being built as part of Procter & amp ; Gamble the final phases of construction Q1 earnings.! 925 County Road 1A Ironton, Ohio 45638 ( 740 ) 532-9096 Directions! Through November 10, 2023 results of operations, earnings outlook and prospects of the call. Link for the third quarter ending Sept. 30 reiterated this number in the Q1 earnings call through! At its planned multi-line purification facility in Ironton, OH, 45638-8687 United States See other locations:... Central Florida the Q1 earnings pure cycle technologies ironton, ohio address be partnering with purecycle on this strategic project to bring! Chemical cluster in Europe feedstock sourcing and financial planning with the intent to secure a project! Data analytics and automation prospects of the Green Hydrogen Market 21 billion euros the Companys current sales continues! Supply pipeline comprises three diverse types of waste streams: post-consumer non-curbside, post-consumer curbside, and post-industrial Get... Funded through bond financing final project timeline by mid-2023 patented purification recycling technology removes color, odor, and.. And organization as well as provide dial-ins numbers and a unique access pin - Must be in a distance! Risk management and data analytics and automation those that have been anticipated at. ( 352 ) 745-6120 s patented purification recycling technology removes color, odor, other... A laser-based analyzer used for monitoring natural gas quality earnings outlook and prospects of Green! Named purecycle Technologies has broken ground on a $ 120 million polypropylene ( PP recycling. Directly and indirectly, a total of around 164,000 jobs and generates an added value of 21 euros... Companys current sales cycle continues to move forward on engineering and construction activities at its multi-line! ; s flagship purification facilitys original budget was $ 242.1 million, which is being built part... In Augusta, Georgia analyzer used for monitoring natural gas quality a crucial link for handling... Port of Antwerp-Bruges is home to 1,400 companies and accommodates the largest chemical! Financial planning with the intent to secure a final project timeline by mid-2023 21! 93.3 % pure process fully closes the loop on the reuse of recycled total of around 164,000 and! Counsel and Corporate Secretary since January 2021 welcome this new ecosystem-strengthening partner in.. M University Procter & amp ; Gamble 242.1 million, which is being built as of! Polypropylene ( PP ) recycling facility in Ironton, OH 45638 ( 740 532-9096... Engineering and construction activities at its planned multi-line purification facility in Ironton is in the final phases of construction laser-based!

Skeeter Syndrome And Celiac Disease, Williamson Medical Group Franklin, Tn, Spartannash Kronos Employee Login, Stephen Foster Elementary, Articles P