Purecycle Technologies, Inc. · NASDAQ:PCT
Purecycle Technologies — Q2 2023 Earnings Presentation
8 slides from Purecycle Technologies's earnings presentation, Aug 9, 2023
Slide 1: Second Quarter 2023 Corporate Update
Second Quarter 2023 Corporate Update August 9, 2023 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: Ironton is Operational
Ironton is Operational The technology works at scale It’s all about our team! 3
Slide 4: Improving Plant Performance Every Day
Improving Plant Performance Every Day PreP Utilities Purification Digital Controls • Successfully commissioned all • Successfully commissioned all • Core technology operational • Very strong process controls technologies technologies and tested at commercial scale across facility with successful int
Slide 5: Our Core Technology Works at Scale
Our Core Technology Works at Scale z Melt & Filter Mix & Mix & Filter Purify Separate Pelletize Extract Settle Works as Equipment, infant Works as Works as Improved Minor process Works as expected mortality problems expected expected equipment redesign expected solved design Ironton is operational a
Slide 6: PureCycle Growth and Finance Update
PureCycle Growth and Finance Update GROWTH FINANCE • Ramping up technical education with • Extended $150M LOC through March 31, distribution partner for application 2025 support • Evaluating term sheets for incremental • Working closely with core partner equipment financing brands to finalize consum
Slide 7: 2Q23 Liquidity and Changes from Prior Quarter - Actual
2Q23 Liquidity and Changes from Prior Quarter - Actual Summary of Liquidity Changes (IN MILLIONS) Mar 31, 2023 June 30, 2023 change • Received $47.9M net financing Total Unrestricted $38.4 $28.9 $(9.5) proceeds during Q2 • Undrawn $150M LOC Restricted Cash Plant 1 project fund (Ironton, OH) $25.2 $-
Slide 8: PureCycle Q2 Highlights
PureCycle Q2 Highlights 1 Completed two milestones with bondholders ahead of schedule 4 Extended our $150 million revolving line of credit thru March 31, 2025 2 Ironton technology questions are answered 5 Continue to advance Antwerp, Ulsan and Japan projects 3 Closed on AEDA land transaction on June
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