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Stock impact report

PureCycle and Landbell Group Collaborate to Advance Polypropylene Plastic Recycling in Europe [Yahoo! Finance]

PureCycle Technologies, Inc. - Common stock (PCT) 
Company Research Source: Yahoo! Finance
recycling, today, announced a collaboration with Landbell Group, a global operator of morethan 40 producer responsibility organizations (PROs) and a leading provider of closed-loop recycling solutions. The collaboration will help to prioritize and expand upcycling of polypropylene (PP) waste into high-purity, recycled PP that can be used in high-value and demanding applications across Europe. PureCycle Belgium will be using its innovative form of dissolution recycling and experience from PureCycle's flagship plant in Ironton, Ohio, USA, which is expected to have an annual capacity of 48,600 tonnes once fully operational. PureCycle transforms polypropylene plastic into a versatile, replenishable resource through a unique purification process, involving multiple steps. The result is a PP-recyclate that can serve as a drop-in replacement to virgin PP. PureCycle's PureFive™ recyclate can be recycled and reused multiple times and is already being used in commercial applications in the US Show less Read more
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