PureCycle “Pure Planet Day” dedicates volunteers to making a difference and preserving beautiful communities

Orlando, Florida.And the June 15, 2022 /PRNewswire/ – Today, PureCycle Technologies, Inc. (Nasdaq: PCT) The second annual day of service, Pure Planet Day, in Florida And the Ohio. Florida Volunteers helped build a greenhouse for Millennia Gardens Elementary, a Title I award-winning school located in Orlandowhile the Ohio The staff collected solid and plastic waste scattered on the roads Ironton In partnership with the Lawrence-Scioto Solid Waste Management District.

PureCycle and Millennia Gardens Elementary School in Orlando volunteer to build a greenhouse during Pure Planet Day 2022

PureCycle and Millennia Gardens Elementary School in Orlando volunteer to build a greenhouse during Pure Planet Day 2022

tamsin tafaghChief Sustainability Officer, PureCycle, said: “Pure Planet Day is about more than collecting waste on the side of the road or along a river. From working with Millennia Gardens Elementary School in Orlando On environmental and educational projects to help beautify Ironton City Where our main facility is located, Pure Planet Day aims to make a difference for the betterment of our environment and our humanity. It’s about leaving the communities in which we live and work better than we found it.”

Michele CarraleiroPrincipal of Millenia Gardens Elementary SchoolWe are excited to work with PureCycle, a neighbor in our community, to continue developing our environmentally focused programs here at Millennia Gardens. We do more than just build a greenhouse. We create a haven that is both beautiful and safe for our children to learn and play. We are building the next generation We are an environmentally conscious adult and we are proud of the work we have done.”

As part of Pure Planet Day, PureCycle has donated to Millennia Gardens Elementary through the Foundation for Orange County Public schools to help promote their environmental efforts. In 2021, PureCycle celebrated its first day at Pure Planet at Arunton, Ohio, solid and plastic waste collection along the Ohio River bank and County Road 1A. All collected polypropylene plastic was subsequently converted to PureCycle Ultra Pure Recycled Resin (UPR).

PureCycle turns waste polypropylene plastic into a versatile resource through a unique patented purification process that removes colours, odors and other impurities to produce ultra-pure recycled resin that is as good as new plastic. The company’s mission is to revolutionize plastic waste, turning it into a renewable resource and creating a sustainable planet without borders.

Media contact:
Anna Farrar
afarrar@purecycle.com
(954) 647-7059

About PureCycle Technologies
PureCycle Technologies LLC owns. , a subsidiary of PureCycle Technologies, Inc. , a worldwide license for the only patented solvent-based purification recycling technology developed by Procter & Gamble Company (P&G), which is designed to transforms Turns waste polypropylene plastic (designated as plastic No. 5) into a constantly renewable resource. The unique purification process removes color, odor and other impurities from plastic waste #5, resulting in ultra-pure recycled (UPR) plastic that can be recycled and reused over and over again, transforming our relationship with plastic. www.purecycle.com

forward-looking statements
This press release contains forward-looking statements, including statements about the financial position, results of operations, earnings expectations and PCT prospects. In addition, any statements that refer to expectations, expectations, or other prescriptions of future events or conditions, including any underlying assumptions, are forward-looking statements. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “expect,” “intend,” “expect,” “estimate,” “expect,” “project,” “continue,” “could “may,” “may,” “possible,” “likely,” “expect,” “should,” “will,” and other similar words and phrases, but the absence of these words does not mean that the statement is not forward-looking.

Forward-looking statements are based on the current expectations of the PCT Administration and are by their nature subject to uncertainties, changes in circumstances and their potential effects and speak only as of the date of the quarterly report to be submitted on Form 10-Q. There can be no guarantee that future developments will be those foreseen. These forward-looking statements involve a number of risks, uncertainties or other assumptions that could cause actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in the PCT Annual Report section of Form 10-K for the ending fiscal year. December 31, 2021 Entitled “Risk Factors”, those discussed and identified in public filings filed with the US Securities and Exchange Commission (“SEC”) by PCT and the following:

  • The ability of the PCT to meet and continue to meet applicable regulatory requirements for the use of PCT UPR resins (both in United State and abroad);

  • The ability of the PCT to continuously comply with the numerous regulatory requirements applicable to the UPR resin and PCT facilities (both in United State and abroad);

  • Projections and changes related to PCT strategies and future financial performance, including its future business plans, expansion plans or targets, prospective performance, opportunities, competitors, revenue, products and services, pricing, operating expenses, market trends, liquidity, cash flows, cash uses, capital expenditures, and the ability of PCT to invest in PCT initiatives the growth ;

  • The ability of the PCT to expand Ironton Facility in a timely and cost-effective manner;

  • The ability of the PCT to complete the necessary funding in connection with the construction of Augusta facility, the first US cluster facility located in Augusta, Georgiain a timely and cost-effective manner;

  • PCT capacity to sort and process waste polypropylene plastic in its waste plastics preparation facilities (“Feed PreP”);

  • PCT ability to maintain exclusivity under a Procter & Gamble license;

  • Implementation and market acceptance of the PCT business model and growth strategy;

  • the success or profitability of PCT procurement arrangements;

  • the ability to produce raw materials with a high content of polypropylene;

  • future PCT capital requirements and sources and uses of cash;

  • PCT ability to obtain financing for its operations and future growth;

  • developments and projections related to PCT and industry competitors;

  • as a result of any legal or regulatory proceeding to which the PCT is, or may become a party, including a recently filed securities class action;

  • The ability to recognize the expected benefits of a previously announced business combination has been completed March 17, 2021;

  • Unexpected costs related to the business combination;

  • geopolitical risks and changes in applicable laws or regulations;

  • the possibility of the PCT being adversely affected by other economic, commercial and/or competitive factors;

  • Changes in prices, availability of labor (including labor shortages), transportation and materials, including hyperinflation, and the ability of the PCT to obtain them in a timely and cost-effective manner;

  • The potential impact of climate change on PCT, including physical and transitional risks, higher regulatory and compliance costs, reputational risks, and availability of capital on attractive terms;

  • operational risk; And the

  • The threat of the COVID-19 pandemic, including any new and emerging variables, the efficacy and distribution of vaccines, and local, state, federal and international responses to the pandemic may have a negative impact on the business operations of the PCT, as well as the PCT. Financial position and results of operations.

If one or more of these risks or uncertainties materialize or if any of the assumptions made by the PCT Administration prove incorrect, actual results may differ in material respects from those projected in these forward-looking statements.

All subsequent written and oral forward-looking statements or other matters attributable to the PCT or any person acting on its behalf are expressly qualified in their entirety by cautionary statements contained or referred to in this press release. Except as required by applicable law or regulation, PCT does not undertake to update these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unforeseen events.

A PureCycle volunteer during Pure Planet Day 2022 in Ironton, Ohio

A PureCycle volunteer during Pure Planet Day 2022 in Ironton, Ohio

PureCycle and Millennia Gardens Elementary School in Orlando volunteer for Pure Planet Day 2022

PureCycle and Millennia Gardens Elementary School in Orlando volunteer for Pure Planet Day 2022

(PRNewsfoto/PureCycle Technologies)

(PRNewsfoto/PureCycle Technologies)

Cision

Cision

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SOURCE PureCycle Technologies