PureCycle “Pure Planet Day” dedicates volunteers to making a difference and preserving beautiful communities

Orlando, Florida.And the June 15 2022 /PRNewswire/ — At the moment, PureCycle Applied sciences, Inc. (Nasdaq: PCT) The second annual day of service, Pure Planet Day, in Florida And the Ohio. Florida Volunteers helped construct a greenhouse for Millennia Gardens Elementary, a Title I award-winning college situated in Orlandowhereas the Ohio The employees collected stable and plastic waste scattered on the roads Ironton In partnership with the Lawrence-Scioto Stable Waste Administration District.

PureCycle and Millennia Gardens Elementary School in Orlando volunteer to build a greenhouse during Pure Planet Day 2022

PureCycle and Millennia Gardens Elementary College in Orlando volunteer to construct a greenhouse throughout Pure Planet Day 2022

tamsin tafaghPureCycle’s Chief Sustainability Officer mentioned, “Pure Planet Day is about greater than amassing waste on the facet of the highway or alongside a river. From working with Millennia Gardens Elementary College in Orlando On environmental and academic tasks to assist beautify Ironton Metropolis The place our foremost facility is situated, Pure Planet Day goals to make a distinction for the betterment of our surroundings and our humanity. It is about leaving the communities wherein we reside and work higher than we discovered it.”

Michele CarraleiroPrincipal of Millenia Gardens Elementary CollegeHe mentioned, “We’re thrilled to work with PureCycle, a neighbor in our neighborhood, to additional develop our environmentally targeted applications right here at Millennia Gardens. We do extra than simply construct a greenhouse. We create a haven that’s each lovely and protected for our kids to be taught and play with. We’re constructing the following era.” We’re an environmentally aware grownup and we’re pleased with the work we’ve got performed.”

As a part of Pure Planet Day, PureCycle has donated to Millennia Gardens Elementary via the Basis for Orange County Public faculties to assist promote their environmental efforts. In 2021, PureCycle celebrated its first day at Pure Planet at Arunton, Ohio, stable and plastic waste assortment alongside the Ohio River financial institution and County Street 1A. All collected polypropylene plastic was subsequently transformed to PureCycle Extremely Pure Recycled Resin (UPR).

PureCycle turns waste polypropylene plastic into a flexible useful resource via a novel patented purification course of that removes colors, odors and different impurities to provide ultra-pure recycled resin that’s pretty much as good as new plastic. The corporate’s mission is to revolutionize plastic waste, turning it right into a renewable useful resource and making a sustainable planet with out borders.

Media contact:
Anna Farrar
afarrar@purecycle.com
(954) 647-7059

About PureCycle Applied sciences
PureCycle Applied sciences LLC owns. , a subsidiary of PureCycle Applied sciences, Inc. , a worldwide license for the one patented solvent-based purification recycling know-how developed by Procter & Gamble Firm (P&G), which is designed to reworks Turns waste polypropylene plastic (designated as plastic No. 5) right into a continuously renewable useful resource. The distinctive purification course of removes shade, odor and different impurities from plastic waste #5, leading to ultra-pure recycled (UPR) plastic that may be recycled and reused over and over, remodeling our relationship with plastic. www.purecycle.com

forward-looking statements
This press launch comprises forward-looking statements, together with statements concerning the monetary place, outcomes of operations, earnings expectations and PCT prospects. As well as, any statements that discuss with expectations, expectations, or different prescriptions of future occasions or circumstances, together with any underlying assumptions, are forward-looking statements. Ahead-looking statements are usually recognized by phrases equivalent to “plan,” “imagine,” “count on,” “count on,” “intend,” “count on,” “estimate,” “count on,” “undertaking,” “proceed,” “may” And “could,” “could,” “potential,” “probably,” “count on,” “ought to,” “will,” and different related phrases and phrases, however the absence of those phrases doesn’t imply that the assertion shouldn’t be forward-looking.

Ahead-looking statements are based mostly on the present expectations of the PCT Administration and are by their nature topic to uncertainties, modifications in circumstances and their potential results and converse solely as of the date of the quarterly report back to be submitted on Kind 10-Q. There may be no assure that future developments might be these foreseen. These forward-looking statements contain quite a few dangers, uncertainties or different assumptions that might trigger precise outcomes or efficiency to vary materially from these expressed or implied by these forward-looking statements. These dangers and uncertainties embody, however should not restricted to, these elements described within the PCT Annual Report part of Kind 10-Okay for the ending fiscal 12 months. December 31, 2021 Entitled “Threat Elements”, these mentioned and recognized in public filings filed with the US Securities and Change Fee (“SEC”) by PCT and the next:

  • The flexibility of the PCT to fulfill and proceed to fulfill relevant regulatory necessities for the usage of PCT UPR resins (each in United State and overseas);

  • The flexibility of the PCT to constantly adjust to the quite a few regulatory necessities relevant to the UPR resin and PCT services (each in United State and overseas);

  • Projections and modifications associated to PCT methods and future monetary efficiency, together with its future enterprise plans, growth plans or targets, potential efficiency, alternatives, rivals, income, services and products, pricing, working bills, market traits, liquidity, money flows, money makes use of, capital expenditures, and the flexibility of PCT to put money into PCT initiatives the expansion ;

  • The flexibility of the PCT to develop Ironton Facility in a well timed and cost-effective method;

  • The flexibility of the PCT to finish the mandatory funding in reference to the development of Augusta facility, the primary US cluster facility situated in Augusta, Georgiain a well timed and cost-effective method;

  • PCT capability to type and course of waste polypropylene plastic in its waste plastics preparation services (“Feed PreP”);

  • PCT means to keep up exclusivity underneath a Procter & Gamble license;

  • Implementation and market acceptance of the PCT enterprise mannequin and development technique;

  • the success or profitability of PCT procurement preparations;

  • the flexibility to provide uncooked supplies with a excessive content material of polypropylene;

  • future PCT capital necessities and sources and makes use of of money;

  • PCT means to acquire financing for its operations and future development;

  • developments and projections associated to PCT and trade rivals;

  • on account of any authorized or regulatory continuing to which the PCT is, or could turn into a celebration, together with a lately filed securities class motion;

  • The flexibility to acknowledge the anticipated advantages of a beforehand introduced enterprise mixture has been accomplished March 17, 2021;

  • Sudden prices associated to the enterprise mixture;

  • geopolitical dangers and modifications in relevant legal guidelines or rules;

  • the potential of the PCT being adversely affected by different financial, industrial and/or aggressive elements;

  • Adjustments in costs, availability of labor (together with labor shortages), transportation and supplies, together with hyperinflation, and the flexibility of the PCT to acquire them in a well timed and cost-effective method;

  • The potential influence of local weather change on PCT, together with bodily and transitional dangers, increased regulatory and compliance prices, reputational dangers, and availability of capital on engaging phrases;

  • operational threat; And the

  • The specter of the COVID-19 pandemic, together with any new and rising variables, the efficacy and distribution of vaccines, and native, state, federal and worldwide responses to the pandemic could have a detrimental influence on the enterprise operations of the PCT, in addition to the PCT. Monetary place and outcomes of operations.

If a number of of those dangers or uncertainties materialize or if any of the assumptions made by the PCT Administration show incorrect, precise outcomes could differ in materials respects from these projected in these forward-looking statements.

All subsequent written and oral forward-looking statements or different issues attributable to the PCT or any particular person appearing on its behalf are expressly certified of their entirety by cautionary statements contained or referred to on this press launch. Besides as required by relevant legislation or regulation, PCT doesn’t undertake to replace these forward-looking statements to replicate occasions or circumstances after the date of this press launch or to replicate the incidence of unexpected occasions.

A PureCycle volunteer during Pure Planet Day 2022 in Ironton, Ohio

A PureCycle volunteer throughout Pure Planet Day 2022 in Ironton, Ohio

PureCycle and Millennia Gardens Elementary School in Orlando volunteer for Pure Planet Day 2022

PureCycle and Millennia Gardens Elementary College in Orlando volunteer for Pure Planet Day 2022

(PRNewsfoto/PureCycle Technologies)

(PRNewsfoto/PureCycle Applied sciences)

Cision

Cision

View unique multimedia obtain content material: https://www.prnewswire.com/news-releases/purecycle-pure-planet-day-turns-out-volunteers-to-impact-change-keep-communities-beautiful-301568895.html

SOURCE PureCycle Applied sciences