Slide 1: Third Quarter 2025 Corporate Update
Third Quarter 2025 Corporate Update November 6, 2025 EXHIBIT 99.2
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation 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 statement
Slide 3: PCT Highlights
PCT Highlights Operations Produced 7.2 million pounds of PureFive™ at Ironton, a new quarterly record September production of 3.3 million pounds, a new monthly record Denver successfully ramped to second shift, with plans for a third shift in Q4 Ironton compounding additions on track Commercial Firs
Slide 4: Ironton Update
Ironton Update Record Quarterly Pellet Production (MM lbs. PureFive™) Compounding Expansion Update Final product compounding expansion project is on track for a Q4-25 mechanical completion (~100MM lbs. / yr) Significantly reduces complexity of supply chain and improves product offering to customers
Slide 5: Denver & CP1/CP2 Sales Reduce Net Feedstock Costs
Denver & CP1/CP2 Sales Reduce Net Feedstock Costs Began selling non-PP components of feedstock Integrated compounding operations at Ironton should unlock co-product sales Continuing to optimize operations for higher co-product sales Co-product sales impact on feedstock costs Overview Operations Comm
Slide 6: PureCycle Continues to Qualify Key Segments
PureCycle Continues to Qualify Key Segments Flexible Packaging (Film) Thermoformed Packaging Injection Molding Packaging Fiber Automotive Other 12.6 Billion lbs. Technical achievements across multiple grades have enabled PureCycle resin to be used across many applications These applications represen
Slide 7: PureFive Product Portfolio
PureFive™ Product Portfolio Market Application Polypropylene Type Grade Name¹ FDA COU2 Additives3 PCR (wt.%) MFR4 (dg/min) G N AS General Purpose Homopolymer PureFive Ultra™ HPP 15-100FN A-H ● ● 95 10-20 Homopolymer PureFive Choice™ HPP 15-100FN White, Black⁵ B-H ● ● 95 10-20 Flexible Packaging BOPP
Slide 8: Pipeline Update – Progressing and Converting
Pipeline Update – Progressing and Converting # of Projects Customer Application Progress 1 Churchill Container Injection Molding Successful brand adoption for four programs; ramping 1 Emerald Carpets Fiber Qualifying numerous color palettes; ramping 1 Consumer Goods Thermoform Negotiations complete;
Slide 9: Pipeline Update – Highlighted Opportunities
Pipeline Update – Highlighted Opportunities # of Projects Customer Application Progress 1 Top 5 Global QSR Thermoform Shipping product in Q4 1 Top 5 Domestic Compounder Thermoform Pending final brand approval; original ramp in Q3, now in Q4 1 Top 5 Global QSR Thermoform Engaged in early trials and d
Slide 10: Progress with BOPP Film
Progress with BOPP Film Another successful large-scale trial at Brückner in September; produced 5.3km (>3 miles) of BOPP film at various thicknesses and PCR levels Multiple rolls of film were successfully tested for printing by a global leader in labels Industrial-scale trials for flexible food pack
Slide 11: Progress with Thermoforming & Extrusion
Progress with Thermoforming & Extrusion Market Application Polypropylene Type Grade Name¹ FDA COU2 PCR (wt.%) MFR4 (dg/min) Rigid Packaging Thermoforming Homopolymer PureFive Choice™ HPP 02-30FN A-H 32 2.5 Homopolymer PureFive Choice™ HPP 02-30FN White, Black⁵ B-H 32 2.5 Homopolymer PureFive Choice™
Slide 12: Progress with Procter & Gamble
Progress with Procter & Gamble Market Application Polypropylene Type Grade Name¹ FDA COU2 PCR (wt.%) MFR4 (dg/min) Rigid Packaging Injection Molding Impact Copolymer PureFive Choice™ CPP20-50FN A-H 52 20 Resin grade, PureFive Choice™ CPP20-50FN, developed for caps & closures through collaboration wi
Slide 13: Momentum Building with Churchill Container
Momentum Building with Churchill Container Run It Back™ line launched by Churchill in February 2025 In August, the Cleveland Browns became the first team to introduce Run It Back™ cups at stadium concessions Movie theaters to use PureFive™ resin in cups for upcoming release of popular franchise film
Slide 14: State Level Regulatory Momentum
State Level Regulatory Momentum Regulatory efforts are accelerating in multiple states across the political spectrum State level EPR and other recycling mandates is continuing (20%+ of US population affected) PCT engaging with policymakers, state organizations, and other relevant parties during rule
Slide 15: Thailand Continues to Progress Project Milestones
Thailand Continues to Progress Project Milestones Thai-based project team is finalizing site-based engineering requirements Permit and incentive applications on schedule and expected to be approved by Q1 2026 Mechanical completion still expected in 2027 Feedstock Milestones: Engaging with 16 indepen
Slide 16: Q3 2025 Cash Update
Q3 2025 Cash Update Unrestricted Cash Use Highlights (in MM): ($16.5) Operations (incl. Feedstock & Denver) ($9.3) Corporate Expenses ($7.5) Projects & Other Capital Market Activities (in MM): ($12.9) Debt Service (incl. $1.9M non-recurring debt service from CSC Payoff) ($6.0) June capital raise fee
Slide 17: Third Quarter 2025
Third Quarter 2025 Corporate Update November 6, 2025