IRONTON, OH / ACCESSWIRE / July 17, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT) today, announced the successful manufacturing of multiple recycled compounds that were produced with PureCycle resin. The compounds include varying levels of PureCycle resin that is blended with either post-industrial recycled material or virgin polypropylene (PP).
These resins could be used to create a wider variety of consumer products, simplify the customer approval process, increase the ability to bring higher levels of recycled content products to the market, and bring value to PureCycle.
PureCycle CEO Dustin Olson said, “I’m very pleased by our recent success with compound trialing and excited about what this means for PureCycle’s future. Opening this avenue should allow the Company to reach more customers. We continue to see high demand for our resin and compounding should reduce the adoption barrier and approval timeline for companies that are looking for recycled content today.”
The company is working on the expansion into compounding with several partners that specialize in the development and production of recyclate-based polymers with similar performance properties and consistency to virgin resins.
Olson added, “Recycled content requirements are being included in legislation across the country and around the world. The ability to blend our resin with either post-industrial recycled material or virgin PP should allow us to provide brand owners with a consistent product for each of their specific needs.”
Melt flow, flexibility, clarity, and strength are just some of the properties that can be tailored through compounding.
Source: ACCESSWIRE