PureCycle's Thailand Subsidiary Admitted to Investment Acceleration Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
PureCycle Technologies announced that its wholly-owned Thailand subsidiary, PureCycle Company Limited, has been admitted to the Thailand FastPass Investment Acceleration Program by the Office of the Board of Investment of Thailand. The selection covers PureCycle's planned polypropylene recycling facility in Rayong, Thailand and provides facilitated access to the approval and permitting processes required to commence business operations. This follows the BOI of Thailand's recent approval of PureCycle's investment in the project earlier this month.
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Analyst Views on PCT
Wall Street analysts forecast PCT stock price to rise
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 12.870
Low
9.00
Averages
16.00
High
23.00
Current: 12.870
Low
9.00
Averages
16.00
High
23.00
About PCT
PureCycle Technologies, Inc. is commercializing a patented purification recycling technology, originally developed by The Procter & Gamble Company, for restoring waste polypropylene into resin with near-virgin characteristics, called PureFive resin. PureFive resin represents the recycled resin products it produces, including ultra-pure resin and other grades used for compounding to meet customer specifications. Its process includes three stepsFeed Pre-Processing collects, sorts, and prepares polypropylene waste for purification. Purification step is a purification recycling process that uses a combination of solvent, temperature, and pressure to return the feedstock to near-virgin condition through a novel configuration of commercially available equipment and unit operations. Compounding allows for the modification of the resin to meet the end user’s qualifications with melt flow, flexibility, clarity and strength being some of the properties that can be tailored through compounding.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
PureCycle Technologies Achieves ISO 9001:2015 Certification for Quality Management
- Quality Management Certification: PureCycle Technologies has achieved ISO 9001:2015 certification for its recycling facility in Ironton, Ohio, marking a significant milestone in establishing its quality management system to international standards, thereby enhancing customer trust in its product quality.
- Independent Validation Advantage: The certification, awarded by DQS Global, confirms that PureCycle's operational processes and risk management meet high standards, further boosting the company's credibility and customer satisfaction in a competitive market.
- Multiple Certification Support: In addition to ISO 9001:2015, PureCycle has received multiple No Objection Letters from the FDA and GreenCircle Certified's recycled content certification, demonstrating its ability to upgrade post-consumer waste into high-quality PureFive® resin suitable for various industries.
- Strategic Implications: This certification not only enhances PureCycle's market competitiveness but also lays the groundwork for future expansion into the European market, particularly with the acquisition of the REACH Certificate of Compliance, enabling the sale of its products within the EU.
See More
PureCycle Partners with Reliable Caps for Eco-Friendly Closures
- Sustainable Material Use: Reliable Caps is producing white closures using PureCycle's PureFive Ultra resin, which contains up to 75% certified post-consumer recycled material, addressing the increasing regulatory demands for recycled content in North America and Europe.
- Quality Improvement: PureFive resin outperforms previous PCR materials in color consistency, melt flow, and processing behavior, enabling Reliable Caps to maintain high-quality standards throughout production, thus meeting stringent customer packaging requirements.
- Market Demand Response: As the packaging industry faces stricter recycled content regulations, PureCycle's resin is GreenCircle Certified and comes with chain-of-custody documentation, enhancing its market competitiveness and meeting brand owners' sustainability goals.
- Technological Milestone: PureCycle executives noted that the successful application of PureFive resin marks a significant milestone in the commercialization of their groundbreaking recycling technology, capable of functioning in demanding, contact-sensitive packaging applications requiring high purity and aesthetics.
See More
PureCycle Partners with Reliable Caps to Launch Eco-Friendly Bottle Caps
- Sustainable Material Use: Reliable Caps produces bottle caps with up to 75% certified PCR content using PureFive Ultra™ resin, positioning itself as one of the first manufacturers in the industry to utilize this resin in contact-sensitive applications, thereby enhancing its competitive edge amid tightening regulations.
- Quality Improvement: The high consistency and processing characteristics of PureFive® resin enable Reliable Caps to maintain stringent quality standards throughout production, addressing previous inconsistencies in color and melt flow of PCR materials, ensuring premium appearance and performance of the products.
- Market Demand Response: As regulatory requirements for recycled content in packaging tighten across North America and Europe, Reliable Caps' new closures offer brand owners a compliant and appealing market solution, helping them maintain a competitive advantage.
- Strategic Partnership Significance: PureCycle's PureFive® resin is GreenCircle certified, ensuring brands can confidently report PCR content in their packaging with complete chain-of-custody documentation, further strengthening their market position in sustainability and compliance.
See More
Jim Cramer Expresses Negative Views on Multiple Companies
- Purecycle Technologies Struggles: Jim Cramer highlights that Purecycle Technologies has almost no revenue and is losing a fortune, suggesting investors should avoid this stock, indicating its unfavorable market perception.
- High Risk for Energy Vault Holdings: Cramer describes Energy Vault Holdings as a pure speculative stock that is also losing a fortune, implying its investment value is extremely low and investors should exercise caution.
- Everspin Technologies Overvalued: While Everspin Technologies is profitable, Cramer warns that its price-to-earnings ratio is at 90 times, advising investors to be careful, suggesting that market expectations for its future growth may be overly optimistic.
- Challenges for Rocket Companies: Cramer expresses a negative view on Rocket Companies, stating that even if Kevin Warsh might cut rates, the rising oil prices causing inflation make such cuts unlikely, indicating significant pressure on the company's future prospects.
See More
PureCycle Reports Record Q1 Revenue and Production
- Quarterly Revenue Growth: PureCycle reported a Q1 revenue of $4.1 million, exceeding Wall Street's estimate of $3.83 million, indicating strong market performance that is likely to boost investor confidence moving forward.
- Record Production Volume: The company produced 8.4 million pounds of PureFive purified resin at its Ironton, Ohio facility, a 12% increase from the previous quarter and nearly double the 4.3 million pounds produced a year ago, showcasing significant enhancements in production capacity.
- Optimistic Demand Outlook: PureCycle reaffirmed that annual branded demand is set to ramp up to 40-50 million pounds during the second or third quarter, with an additional 20-25 million pounds expected in the third or fourth quarter, indicating a robust recovery in market demand.
- Market Sentiment Shift: Retail investor sentiment towards PCT has shifted from neutral to bullish, with discussion volume on Stocktwits increasing by over 100% in the past 24 hours, reflecting optimism about the company's potential for improved performance in the upcoming months.
See More
PureCycle Technologies Q1 2026 Earnings Call Insights
- Strong Business Momentum: CEO Dustin Olson stated that the business momentum entering 2026 is the strongest ever, with brand customer conversions accelerating and the P&G ramp underway, indicating significant growth potential in market demand.
- Production and Cost Control: The Ironton facility produced 8.4 million pounds of PureFive and processed approximately 10 million pounds of feedstock in Q1, with the planned turnaround completed ahead of schedule and 15% under budget, enhancing the company's production efficiency and profitability.
- Financial Performance: The company booked $4.1 million in revenue for Q1, marking its fifth consecutive quarter of growth, although it reported a net loss of $33.4 million compared to a net income of $8.8 million in the same quarter last year, reflecting the challenges and opportunities during the transformation process.
- Global Expansion Plans: The Thailand facility is on track for mechanical completion by the end of 2027 and operational commissioning in Q1 2028, with a total investment expected to be around $250 million, while the Belgium construction plan is also progressing, demonstrating the company's commitment to international market expansion.
See More
PureCycle Technologies Achieves ISO 9001:2015 Certification for Quality Management
- Quality Management Certification: PureCycle Technologies has achieved ISO 9001:2015 certification for its recycling facility in Ironton, Ohio, marking a significant milestone in establishing its quality management system to international standards, thereby enhancing customer trust in its product quality.
- Independent Validation Advantage: The certification, awarded by DQS Global, confirms that PureCycle's operational processes and risk management meet high standards, further boosting the company's credibility and customer satisfaction in a competitive market.
- Multiple Certification Support: In addition to ISO 9001:2015, PureCycle has received multiple No Objection Letters from the FDA and GreenCircle Certified's recycled content certification, demonstrating its ability to upgrade post-consumer waste into high-quality PureFive® resin suitable for various industries.
- Strategic Implications: This certification not only enhances PureCycle's market competitiveness but also lays the groundwork for future expansion into the European market, particularly with the acquisition of the REACH Certificate of Compliance, enabling the sale of its products within the EU.
See More
PureCycle Partners with Reliable Caps for Eco-Friendly Closures
- Sustainable Material Use: Reliable Caps is producing white closures using PureCycle's PureFive Ultra resin, which contains up to 75% certified post-consumer recycled material, addressing the increasing regulatory demands for recycled content in North America and Europe.
- Quality Improvement: PureFive resin outperforms previous PCR materials in color consistency, melt flow, and processing behavior, enabling Reliable Caps to maintain high-quality standards throughout production, thus meeting stringent customer packaging requirements.
- Market Demand Response: As the packaging industry faces stricter recycled content regulations, PureCycle's resin is GreenCircle Certified and comes with chain-of-custody documentation, enhancing its market competitiveness and meeting brand owners' sustainability goals.
- Technological Milestone: PureCycle executives noted that the successful application of PureFive resin marks a significant milestone in the commercialization of their groundbreaking recycling technology, capable of functioning in demanding, contact-sensitive packaging applications requiring high purity and aesthetics.
See More
PureCycle Partners with Reliable Caps to Launch Eco-Friendly Bottle Caps
- Sustainable Material Use: Reliable Caps produces bottle caps with up to 75% certified PCR content using PureFive Ultra™ resin, positioning itself as one of the first manufacturers in the industry to utilize this resin in contact-sensitive applications, thereby enhancing its competitive edge amid tightening regulations.
- Quality Improvement: The high consistency and processing characteristics of PureFive® resin enable Reliable Caps to maintain stringent quality standards throughout production, addressing previous inconsistencies in color and melt flow of PCR materials, ensuring premium appearance and performance of the products.
- Market Demand Response: As regulatory requirements for recycled content in packaging tighten across North America and Europe, Reliable Caps' new closures offer brand owners a compliant and appealing market solution, helping them maintain a competitive advantage.
- Strategic Partnership Significance: PureCycle's PureFive® resin is GreenCircle certified, ensuring brands can confidently report PCR content in their packaging with complete chain-of-custody documentation, further strengthening their market position in sustainability and compliance.
See More
Jim Cramer Expresses Negative Views on Multiple Companies
- Purecycle Technologies Struggles: Jim Cramer highlights that Purecycle Technologies has almost no revenue and is losing a fortune, suggesting investors should avoid this stock, indicating its unfavorable market perception.
- High Risk for Energy Vault Holdings: Cramer describes Energy Vault Holdings as a pure speculative stock that is also losing a fortune, implying its investment value is extremely low and investors should exercise caution.
- Everspin Technologies Overvalued: While Everspin Technologies is profitable, Cramer warns that its price-to-earnings ratio is at 90 times, advising investors to be careful, suggesting that market expectations for its future growth may be overly optimistic.
- Challenges for Rocket Companies: Cramer expresses a negative view on Rocket Companies, stating that even if Kevin Warsh might cut rates, the rising oil prices causing inflation make such cuts unlikely, indicating significant pressure on the company's future prospects.
See More
PureCycle Reports Record Q1 Revenue and Production
- Quarterly Revenue Growth: PureCycle reported a Q1 revenue of $4.1 million, exceeding Wall Street's estimate of $3.83 million, indicating strong market performance that is likely to boost investor confidence moving forward.
- Record Production Volume: The company produced 8.4 million pounds of PureFive purified resin at its Ironton, Ohio facility, a 12% increase from the previous quarter and nearly double the 4.3 million pounds produced a year ago, showcasing significant enhancements in production capacity.
- Optimistic Demand Outlook: PureCycle reaffirmed that annual branded demand is set to ramp up to 40-50 million pounds during the second or third quarter, with an additional 20-25 million pounds expected in the third or fourth quarter, indicating a robust recovery in market demand.
- Market Sentiment Shift: Retail investor sentiment towards PCT has shifted from neutral to bullish, with discussion volume on Stocktwits increasing by over 100% in the past 24 hours, reflecting optimism about the company's potential for improved performance in the upcoming months.
See More
PureCycle Technologies Q1 2026 Earnings Call Insights
- Strong Business Momentum: CEO Dustin Olson stated that the business momentum entering 2026 is the strongest ever, with brand customer conversions accelerating and the P&G ramp underway, indicating significant growth potential in market demand.
- Production and Cost Control: The Ironton facility produced 8.4 million pounds of PureFive and processed approximately 10 million pounds of feedstock in Q1, with the planned turnaround completed ahead of schedule and 15% under budget, enhancing the company's production efficiency and profitability.
- Financial Performance: The company booked $4.1 million in revenue for Q1, marking its fifth consecutive quarter of growth, although it reported a net loss of $33.4 million compared to a net income of $8.8 million in the same quarter last year, reflecting the challenges and opportunities during the transformation process.
- Global Expansion Plans: The Thailand facility is on track for mechanical completion by the end of 2027 and operational commissioning in Q1 2028, with a total investment expected to be around $250 million, while the Belgium construction plan is also progressing, demonstrating the company's commitment to international market expansion.
See More
