Welcome to our dedicated page for Purecycle Technologies news (Ticker: PCT), a resource for investors and traders seeking the latest updates and insights on Purecycle Technologies stock.
PureCycle Technologies develops polypropylene recycling technology and recycled resin products for plastic packaging and related applications. The company’s subsidiary holds a global license for a patented dissolution process, developed by Procter & Gamble, that removes color, odor, and other impurities from #5 polypropylene waste to produce PureFive resin.
Company news commonly covers production and revenue updates, feedstock throughput, Ironton facility operations, compounding capability, and customer qualification for polypropylene film, thermoform, flexible packaging, food-service, and branded packaging uses. Updates also include partnerships using PureFive resin, commercialization approvals for P&G applications, grant-supported expansion activity, and corporate presentations on the company’s recycling platform and commercial pipeline.
PureCycle Technologies (Nasdaq: PCT) and IPL Schoeller launched SnapPack Square EVO, an off-the-shelf tamper-evident container line that incorporates 20% PureFive® recycled polypropylene resin in every unit. The resin, produced via PureCycle’s patented dissolution process, is recognized as qualifying recycled content under New Jersey’s Recycled Content Law and is APR Certified for post-consumer recycled content.
The standardized platform builds on the companies’ work with Cleveland Kitchen and is designed to help brand owners meet rising recycled content and EPR requirements in New Jersey, California, Oregon and other states. SnapPack EVO is expected to be available to brand owners starting Fall 2026, with more sizes and formats planned.
PureCycle Technologies (Nasdaq: PCT) reported second quarter 2026 revenue of $4.5 million, up about 173% year-over-year and marking a sixth consecutive quarter of sequential growth. Net loss was $142.2 million versus $144.2 million a year earlier, with operating loss improving to $41.3 million from $45.6 million.
PCT produced 4.5 million pounds of PureFive® resin despite a planned Ironton turnaround, and commissioned on-site compounding that ran about 2.0 million pounds in Q2. Total liquidity rose to $236.9 million, driven by June offerings of $287.5 million of 4.75% convertible notes due 2032 and 19.9 million new shares, which funded repurchase of $216 million principal of 7.25% notes due 2030.
Commercial progress included first Procter & Gamble resin deliveries for select Downy detergent caps, seven new customer conversions, six new partnerships, and New Jersey DEP approval of PureFive® as post-consumer recycled content. Thailand and Belgium projects advanced, with Thailand total cost still estimated around $250 million and project financing targeted to close by year-end.
PureCycle (Nasdaq: PCT) will host a second quarter 2026 corporate update conference call on Thursday, August 6, 2026 at 5:00 p.m. EDT. The call will cover recent corporate developments, with a related press release issued beforehand and a replay available on the company’s website until October 6, 2026.
PureCycle (Nasdaq: PCT) announced a strategic partnership with RM TOHCELLO, a major biaxially oriented polypropylene (BOPP) film producer, and Mitsui to advance recycled polypropylene use in flexible packaging in Japan. BOPP film typically requires very high purity, limiting recycled content adoption.
The partnership began in Q1 2023 with initial trials of PureCycle’s PureFive® resin, followed by successful pilot-scale production runs. The partners plan to introduce these materials to converters and brand owners in Japan, with a formal commercial agreement anticipated in 2027 and shipments following regulatory compliance.
PureCycle (Nasdaq:PCT) and IPL Schoeller partnered with Cleveland Kitchen to launch 24-ounce polypropylene tubs and lids containing 25% PureFive recycled polypropylene. The food-contact container, rolling out nationwide in June 2026, supports compliance with emerging recycled-content laws such as New Jersey’s Recycled Content Law.
The product is the first food-contact grocery container in full commercial production using PureFive resin, which meets FDA food-contact standards and is GreenCircle Certified. PureFive has conditional approval from the New Jersey Department of Environmental Protection as qualifying recycled content, and the partners plan to expand PureFive into additional rigid packaging offerings.
PureCycle (Nasdaq:PCT) announced that New Jersey’s Department of Environmental Protection confirmed PureFive® resin qualifies as post-consumer recycled (PCR) content under the state’s recycled content law.
This allows food-contact rigid packaging with at least 20% PureFive® to help brands meet New Jersey’s 2027 mandate, with higher thresholds through 2036.
PureCycle (NASDAQ:PCT) closed concurrent public offerings of $287.5 million 4.75% convertible senior notes due 2032 and 19,854,000 common shares, including full exercise of underwriters’ options.
The deal generated approximately $432.5 million in net proceeds, mainly to repurchase 7.25% Green Convertible Notes due 2030 and for general corporate purposes.
PureCycle (Nasdaq:PCT) priced concurrent offerings of $250.0 million 4.75% convertible senior notes due 2032 and 17,661,388 common shares at $8.21, for $395.0 million gross proceeds.
Estimated net proceeds of about $379.1 million will fund repurchases of 7.25% green convertible notes due 2030, with any remainder for working capital and general corporate purposes.
The notes are convertible at an initial price of approximately $11.08 per share, a 35% premium to the stock offering price, and mature July 1, 2032.
PureCycle (Nasdaq:PCT) launched concurrent underwritten public offerings of $250 million convertible senior notes due 2032 and $145 million of common stock.
According to PureCycle, net proceeds are expected to fund cash repurchases of its 7.25% green convertible notes due 2030, potential additional repurchases, and general corporate and working capital needs.
PureCycle (Nasdaq:PCT) and Innovia Films successfully produced and trialed white, cavitated BOPP film made with PureFive Choice™ recycled polypropylene containing over 40% post-consumer recycled content.
According to PureCycle, the film showed processing, mechanical, barrier and sealing properties comparable to virgin PP, supporting use in high-performance snack, confectionery and roll-fed label applications amid rising global recycled-content regulations.