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Recycling
PureCycle raises money for polypropylene recycling
by Alexander H. Tullo
October 16, 2020
| A version of this story appeared in
Volume 98, Issue 40
Recycling start-up PureCycle Technologies has raised $250 million in a bond offering. PureCycle is commercializing a solvent-based process, developed by Procter & Gamble, that removes impurities from used polypropylene goods such as carpet. The company aims to use the resulting resin in applications like packaging. It’s building a plant in Ironton, Ohio, with the capacity to recycle 50,000 metric tons of polypropylene per year.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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