Business
PureFive™ Resin Used in Caps for Leading Spray Paint Brand
ORLANDO, Fla., Dec. 11, 2025 (GLOBE NEWSWIRE) -- PureCycle Technologies, Inc. (Nasdaq: PCT) today announced the Company made initial sales of PureFive™ resin
About this update from Purecycle Technologies, Inc.
[{"type":"text","content":"ORLANDO, Fla., Dec. 11, 2025 (GLOBE NEWSWIRE) -- PureCycle Technologies, Inc. (Nasdaq: PCT) today announced the Company made initial sales of PureFive™ resin for the production of caps for a global top five paint and coatings company. Having passed the company’s testing protocols, the spray paint cans with these caps are now on store shelves. PureCycle CEO Dustin Olson said, “The caps and closures market represents a great opportunity for our company. Polypropylene is predominantly used in North America for caps and closures, with more than 300 million pieces produced annually.” Olson added, “This supply partnership with one of the leading paint and coating companies in the world demonstrates that manufacturers can achieve their sustainability goals and meet product performance requirements when they use our PureFive™ resin.” PureCycle anticipates it will continue providing PureFive™ resin to this customer through 2026. PureCycle ContactChristian [email protected] Investor Relations ContactEric [email protected] About PureCycle Technologies PureCycle Technologies LLC., a subsidiary of PureCycle Technologies, Inc., holds a global license for the only patented dissolution recycling technology, developed by The Procter & Gamble Company (P&G), that is designed to transform polypropylene plastic waste (designated as #5 plastic) into a continuously renewable resource. The unique purification process removes color, odor, and other impurities from #5 plastic waste resulting in our PureFive™ resin that can be recycled and reused multiple times, changing our relationship with plastic. www.purecycle.com Forward-Looking Statements This press release contains forward-looking statements, including statements about the continued execution of PureCycle’s business plan, the expected results of tests and trials, the expected timing of commercial sales, and planned future updates. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements generally relate to future events or PureCycle’s future financial or operating performance and may refer to projections and forecasts. Forward-looking statements are often identified by future or conditional words such as “plan,”...