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PureCycle Technologies Inc - PCT STOCK NEWS

Welcome to our dedicated news page for PureCycle Technologies (Ticker: PCT), a resource for investors and traders seeking the latest updates and insights on PureCycle Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PureCycle Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PureCycle Technologies's position in the market.

News
PureCycle Schedules First Quarter 2024 Corporate Update
Rhea-AI Summary
PureCycle Technologies, Inc. (NASDAQ:PCT) will host a conference call on May 7, 2024, to provide an update on recent corporate developments. The company, known for revolutionizing plastic recycling, will discuss first-quarter 2024 activities. Analysts and investors can participate in a live Q&A session and submit questions in advance. The corporate update and conference call will be available for replay on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
earnings
-
News
Scheduled Operational Pause at Ironton Purification Facility to Begin in April
Rhea-AI Summary
PureCycle Technologies, Inc. (NASDAQ:PCT) will pause operations at its flagship facility in Ironton, Ohio for improvements, aiming to enhance reliability and product quality. CEO Dustin Olson expressed confidence in the progress made in the first quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
none
-
News
PureCycle Resin Used by Churchill Container to Produce Souvenir Cups
Rhea-AI Summary
PureCycle Technologies, Inc. (NASDAQ:PCT) and Churchill Container successfully manufacture a polypropylene cup with 50% PureCycle resin, showcasing circularity and sustainability. PureCycle's PureZero™ program promotes recycling, with over 400,000 pounds of waste recycled. The innovative purification process transforms plastic waste into high-quality, pure resin, meeting strict purity standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.5%
Tags
none
News
PureCycle Technologies Fourth Quarter and Fiscal Year Ending 2023 Update
Rhea-AI Summary
PureCycle Technologies, Inc. (NASDAQ:PCT) provided a corporate update for Q4 and FY 2023, focusing on improvements made to the Ironton purification facility. The CEO highlighted progress towards expected capacity rates and ongoing work to address operational limitations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.48%
Tags
earnings
-
News
PureCycle Reschedules Fourth Quarter 2023 Corporate Update to March 6
Rhea-AI Summary
PureCycle Technologies, Inc. reschedules its fourth quarter 2023 update to March 6, 2024, due to the purchase of Ironton revenue bonds. The update will include financial statements and information from the fiscal year ended December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.47%
Tags
earnings
-
News
PureCycle Appoints Jaime Vasquez as Chief Financial Officer
Rhea-AI Summary
PureCycle Technologies, Inc. (NASDAQ:PCT) appoints Jaime Vasquez as Chief Financial Officer, bringing over 20 years of financial executive experience. CEO Dustin Olson anticipates Vasquez's background will drive the company's growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
management
News
PureCycle Schedules Fourth Quarter 2023 Corporate Update
Rhea-AI Summary
PureCycle Technologies, Inc. (Nasdaq:PCT) will host a conference call on February 29, 2024, to provide an update on recent corporate developments and activity from the fourth quarter of 2023. The call will include a live Q&A session and a replay will be available on the company's website. Participants can access the call via a participant link and submit questions in advance via email. The call aims to address investor inquiries and provide insights into the company's progress and future plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
earnings
-
News
PureCycle Provides Notice of Agreement in Principle to Purchase Ironton Bonds
Rhea-AI Summary
PureCycle Technologies, Inc. (PCT) has announced an agreement in principle to purchase Southern Ohio Port Authority Exempt Facility Revenue Bonds, aiming to provide additional flexibility in completing commissioning activities at the Ironton Facility. The Purchase is expected to close no later than February 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.14%
Tags
none
-
News
Innventure LLC and Learn CW Investment Corporation Announce Filing of Registration Statement on Form S-4 in Connection With Proposed Business Combination
Rhea-AI Summary
Innventure LLC and Learn CW Investment Corporation (LCW) have filed a registration statement with the SEC for their proposed business combination. The Registration Statement contains a preliminary proxy statement/consent solicitation statement/prospectus. Learn CW is sponsored by CWAM LC Sponsor LLC, an affiliate of Learn Capital, LLC and Commonwealth Asset Management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
none
News
PureCycle Provides Ironton Purification Facility Production Update
Rhea-AI Summary
PureCycle Technologies, Inc. (Nasdaq:PCT) has announced the restart of operations at its flagship purification facility in Ironton, Ohio, following mechanical issues in December. The company has made significant progress in repairing the facility and has been ramping up operations, producing 183,000 pounds of pellets in the last two weeks. Despite challenges with the co-product recovery system, the team is focused on increasing run rates and has seen demand for its resin products in the market. PureCycle will be hosting an 'Ironton Showcase Day' on March 7 to demonstrate its technology and progress.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.67%
Tags
none
Stock PCT logo
PureCycle Technologies Inc

Nasdaq:PCT

PCT Rankings

#2563 Ranked by Market Cap
#4414 Ranked by Stock Gains
N/A Ranked by Dividends

PCT Stock Data

932.40M
88.88M
14.3%
60.66%
23.04%
Plastics Material and Resin Manufacturing
Manufacturing
Link
US
Orlando

About PCT

purecycle technologies’ process offers the only recycled polypropylene with properties equal to virgin polymer. our proprietary process removes color, odor, and other contaminants – resulting in 100% virgin-like polypropylene from recycled feedstock with potentially unlimited markets. we enable the use of recycled content in your applications without trade-offs.