PureCycle Technologies, Inc., announced its first polypropylene purification plan in Ironton, Ohio received formal certification of mechanical completion from the site's independent construction monitor.

The formal certification came three days after PureCycle submitted its documentation to the engineering company. The certification is required to achieve the first key milestone in connection with PureCycle's Ironton financings.

"Formal certification from our independent construction monitor is another important step in PureCycle's journey to successfully scale up this technology," said Dustin Olson, PureCycle's CEO. "This is the culmination of thousands of hours of work from individuals who are committed to our mission to revolutionize plastic into a renewable resource. With this certification, our Ironton team closes the first milestone and can fully focus on the production of our UPR pellets."

PureCycle projects its Ironton facility will annually produce 107 million pounds of Ultra-Pure Recycled (UPR) resin using its transformative recycling technology that was developed by Procter & Gamble.

 

Source: prnewswire.com

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