Ironton, OH – According to filings with the U.S. Securities and Exchange Commission, Purecycle Technologies is raising $24,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mike Otworth played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Purecycle Technologies

Our ground-breaking patented recycling process, developed by Procter & Gamble, separates color, odor and contaminants from plastic waste feedstock to transform it into ultra-pure recycled polypropylene. Our PureCycle TechnologiesSM recycling service converts waste plastic into virgin-like plastic fully closing the loop on the reuse of recycled plastics while making recycled polypropylene more accessible at scale to companies desiring to use a sustainable, recycled resin.

To learn more about Purecycle Technologies, visit http://purecycletech.com/

Contact:
Mike Otworth, Chief Executive Officer
321-266-4738
https://www.linkedin.com/in/mike-otworth-42a21013/

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