Slide 1: Ironton Operations Update
Ironton Operations Update September 13, 2023 Exhibit 99.1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements in this Presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including
Slide 3: Executive Summary
Executive Summary The Ironton Facility was negatively impacted by a severe thunderstorm which knocked out the power to southern Ohio and Ironton for an extended period of time Given the negative impact on the Ironton Facility from the power outage, PureCycle is declaring force majeure as a result of
Slide 4: Force Majeure Timeline
Force Majeure Timeline Event timeline On 7-August, the Ironton Facility experienced a full power outage for approximately 2 hours; the Ironton Facility initially recovered the next day without any identifiable significant issues. On 25-August, the mechanical component appeared to fail. The Ironton F
Slide 5: Facility Operations Update
Ironton Facility Operations Update Now that the Ironton Facility mechanical component has been replaced, PureCycle is working methodically to reestablish operations. Most recent final product quality (9/1) is on specification and has been certified by the onsite laboratory; we have achieved signific
Slide 6: Ironton is making solid progress
Ironton is making solid progress Equipment issues; Normal startup activity. Mechanical in nature, not core tech; flange leaks, seal leaks, & screen leaks. Root Cause Failure Analysis (RCFA) have been performed on each failure with good reliability improvements implemented each time. Product quality