PureCycle Technologies, Inc. (NASDAQ: PCT), a leader in plastic recycling, is set to participate in Wolfe Research's 2nd Annual Materials of the Future Conference 2025. The company's CEO, Dustin Olson, will be engaging in a fireside chat with Chris Parkinson from Wolfe Research on June 18, 2025, at 8:35 a.m. EDT. This session will be streamed live online and is expected to cover recent developments including a $300 million capital raise and global expansion plans.
PureCycle Technologies holds a global license for a patented dissolution recycling technology aimed at transforming polypropylene plastic waste (designated as #5 plastic) into a continuously renewable resource. The process involves removing color, odor, and other impurities from #5 plastic waste, resulting in the production of PureCycle's purefive™ resin, which can be recycled and reused multiple times.
Investors and industry experts participating in the conference will have an opportunity to gain insights into PureCycle's corporate strategies and industry trends. This event aims to connect institutional investors, corporate professionals, and industry experts for knowledge sharing and discussions.
The company's participation in this conference comes against the backdrop of its ongoing efforts to revolutionize plastic recycling and its ambitious global expansion plans. PureCycle's developments since the last reporting period, including the capital raise and global expansion plans, indicate its commitment to advancing its innovative recycling technology and expanding its market presence. As a result of these announcements, the company's shares have moved 18.95% on the market, and are now trading at a price of $14.12. If you want to know more, read the company's complete 8-K report here.