PureCycle Technologies (PCT)
Purifies polypropylene waste into recycled resin and compounds it for customer applications.
Something off on this page? Send us feedback.
Converts polypropylene waste into PureFive recycled resin through a licensed dissolution process, then compounds grades for packaging, automotive and other uses. Revenue comes from resin and co-product sales, with commercial production concentrated at the single Ironton facility.
Uses a P&G-developed dissolution process to separate color, odor and impurities from polypropylene waste, producing PureFive recycled resin with properties similar to virgin material. Feed PreP sorting supplies the Ironton, Ohio purification plant, while on-site compounding tailors PureFive Ultra and PureFive Choice for film, packaging and molded applications.
Commercial work centers on qualifying recycled and compounded pellets with converters and brands. Resin and co-product sales generate revenue; recent deliveries include detergent caps, while trial shipments extend to food-service cups and flexible packaging.
Ironton remains the sole operating purification plant and continues to ramp after recurring reliability constraints. Planned sites in Rayong, Antwerp and Augusta require permits and construction funding. Operations also depend on suitable feedstock, customer and regulatory qualification, and the continuing P&G technology license.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 7, 2026 | Cantor Fitzgerald | Reiterate | Rating: —Target: $14 | Target: $12 |
| Jun 16, 2026 | Alembic Global | Target | Target: — | Target: $16 |
| Jun 12, 2026 | Northland Securities | Target | Target: $16 | Target: $13 |
| Nov 24, 2025 | Morgan Stanley | Target | Target: — | Target: $9 |
| Nov 24, 2025 | TD Cowen | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $224.8M · Total debt $502.1M · Total assets $1.00B · Shareholders' equity $331.0M
- Revenue
- $4.5M
- Operating income
- −$41.3M
- Net income
- −$142.2M
No dividends on record.
| Institutions | 89.29% | 179.38M shares | |
|---|---|---|---|
| 348 holders · as of Jun 30, 2026 | |||
| Insiders | 19.57% | 39.31M shares | |
| 14 holders · as of Sep 8, 2026 | |||
| Strategic holders | 19.29% | 38.75M shares | |
| 2 holders · as of Feb 2, 2024 | |||
| Adds to | 128.15% | ||
200.90M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 128.15%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Gibson Daniel PatrickInsider | 17.41% | 34.97M | filed Jun 12, 2026 |
Sylebra Capital LLCInstitution | 16.96% | 34.08M | as of Jun 30, 2026 |
Sylebra Capital Ltd1Strategic10 percent owner | 14.96% | 30.05M | filed Mar 24, 2022 |
Abundance Wealth CounselorsInstitution | 12.60% | 25.31M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 5.53% | 11.10M | as of Jun 30, 2026 |
- Sylebra Capital Ltd's transaction reports restate only vehicles that traded; the 2022 ownership statement (30.05M) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 4, 2026 | Fernando Musa | director | +15,479 | $6.38 |
| May 12, 2026 | Sylebra Capital LLC | director, 10 percent owner: | +16,622 |
- LyondellBasell
Large PP incumbent with circular polymer scale-up
- ExxonMobil
Advanced-recycling PP/PE sold through a global petrochemical system
- Braskem (ADR)
Americas PP producer with food-contact PCR grades
- TotalEnergies
Circular PP portfolio across mechanical and pyrolysis routes
- Avient
Specialty compounder overlapping with PureFive Choice applications
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| PureCycle Technologies | $5.60 | −1.23% | $1.14B | — | — | 82.7 | +173.5% |
| LyondellBasell | $60.30 | +0.09% | $19.45B | — | 7.5 | 0.6 | +19.8% |
| ExxonMobil | $159.52 | +0.77% | $656.48B | 20.4 | 13.0 | 1.8 | +46.0% |
| Braskem (ADR) | $1.71 | −1.45% | $689.4M | — | — | 0.0 | +31.9% |
| TotalEnergies | $89.63 | −0.48% | $200.56B | 11.3 | 8.1 | 1.0 | +26.2% |
| Avient | $41.04 | +1.48% | $3.71B | 21.9 | 12.6 | 1.1 | +5.8% |
| Median | 20.4 | 10.3 | 1.0 | +26.2% |