PureCycle Technologies
22 named things its latest annual report says its results depend on, each in the company's own words. 4 of them are also named by other companies we've read.
Suppliers
Third-party compounding operators
depends onCurrently, we utilize various third-party operators to perform substantially all of our compounding activities.Business (Item 1)
Partners and platforms
Augusta Economic Development Authority (AEDA)
300 million pound per yearnamed as a riskUnder the CPA, we have waived our rights to the additional 50 acres, and agreed to certain penalties and termination rights in favor of the AEDA should the Company fail to meet certain pre-construction and construction milestones.Business (Item 1)
Procter & Gamble (P&G)
depends onnamed as a riskIf we default under the License Agreement and the License Agreement is terminated, P&G fails to perform its obligations under these agreements, or our relationship with P&G is otherwise damaged or severed, this could have a material adverse effect on our business, results of operations or financial performance.Business (Item 1)
Also named by KVUE
IRPC Public Company Limited
depends onWe will be working with IRPC Public Company Limited ("IRPC") at IRPC’s eco-industrial zone in Rayong.Business (Item 1)
Places
Ironton Facility (Lawrence County, Ohio)
concentrated in · approximately 107 million pounds per yearnamed as a riskPCT currently relies solely on the operations at the Ironton Facility, and there is no guarantee that the Planned Facilities will be constructed on the expected timeline, or at all.Risk factors (Item 1A)
Rayong, Thailand
operates in · 130 million poundnamed as a riskWe plan to construct a 130 million pound polypropylene recycling facility in Rayong, Thailand.Business (Item 1)
Antwerp, Belgium
operates in · 130 million pound per yearnamed as a riskWe also plan to construct a 130 million pound per year polypropylene recycling facility at our Antwerp, Belgium site.Business (Item 1)
Denver, Pennsylvania
operates inIn 2024, we began operating a Feed PreP facility in Denver, Pennsylvania, which currently provides the required mix necessary to meet the offtake requirements at the Ironton Facility.Business (Item 1)
Hazards
Flammable and hazardous chemicals (fire/explosion)
named as a riskAs a result, PCT’s operations are subject to various industrial risks, including discharges or releases of flammable or hazardous materials, dangers resulting from confined operating spaces, fires, or explosions.Risk factors (Item 1A)
Commodities and inputs
Crude oil
exposed to its pricenamed as a riskIf crude oil prices materially decline for an extended period, the cost to manufacture our PureFive® resin may become comparatively higher than the cost to manufacture virgin polypropylene resin because our cost depends more on the cost of polypropylene waste (our feedstock) and less on crude oil.Market risk (Item 7A)
Also named by AESI, ALK, APA, ARLP, BDX, CFR, CL, CLMT and 48 more
Polypropylene waste feedstock
exposed to its pricenamed as a riskPCT’s failure to secure sufficient quantities of waste polypropylene could have a negative impact on PCT’s business, financial condition, results of operations and prospects.Risk factors (Item 1A)
Virgin polypropylene resin
exposed to its pricenamed as a riskIf PCT is unable to modify the legacy terms to a Feedstock+ pricing, or should the modeled index price for virgin resin be materially lower than the cost to produce PureFive® resin from waste polypropylene feedstock, PCT would have to absorb the cost difference between virgin resin and PureFive® resin production for those customers, and PCT’s business, financial condition, results of operations and prospects may be materially adversely impacted.Risk factors (Item 1A)
Curbside bales secondary materials pricing index
exposed to its pricenamed as a riskPCT’s Feedstock+ pricing model for offtake agreements uses a formula based on: (i) a secondary materials per pound pricing index for curbside bales divided by a fixed polypropylene yield loss modifier, plus (ii) a fixed base price per pound covering PCT’s operating and conversion costs.Risk factors (Item 1A)
Regulators
U.S. Food and Drug Administration (FDA)
subject tonamed as a riskThe use of PureFive® resin in food-grade applications is subject to regulation by the FDA.Risk factors (Item 1A)
Also named by A, ABBV, ABT, AMGN, ARE, ARWR, ATR, AXGN and 112 more
European Food Safety Authority (EFSA)
subject tonamed as a riskIn the EU, the safety of residual additives in recycled resins is reviewed by the EFSA under the Recycled Plastics Regulation, while new additives will need to comply with the applicable specifications in the Plastics Regulation.Business (Item 1)
Thai Food and Drug Administration (TFDA)
subject tonamed as a riskThe use of PureFive® resin will also be subject to foreign regulatory schemes in Europe and Asia, including, but not limited to, the EC, the EFSA, the Federal Agency for the Safety of the Food Chain (the “FASFC”) in Belgium, the Association of Southeast Asian Nations (the “ASEAN”), and the Thai Food and Drug Administration (the “TFDA”) in Thailand.Risk factors (Item 1A)
Laws and programs
EU Innovation Fund
depends on · €40 million grantIn November 2025, we received notice that our application for a €40 million grant from the European Union (the “EU”) Innovation Fund was accepted by the EU’s Climate, Infrastructure and Environment Executive Agency.Business (Item 1)
Southern Ohio Port Authority Exempt Facility Revenue Bonds
$41.9 millionThroughout 2025, we sold $41.9 million in aggregate par amount of Southern Ohio Port Authority Exempt Facility Revenue Bonds (PureCycle Project), Tax-Exempt Series 2020A ("Series A Bonds") owned by PureCycle Technologies LLC ("PCT LLC") at a price of $880 per $1,000 principal amount under a bond purchase agreement for net proceeds of $36.9 million.Business (Item 1)
U.S. tariffs on imports
subject tonamed as a riskIf any restrictions or significant increases in costs or tariffs are imposed related to feedstock sourced from Asia, Europe, or elsewhere, as a result of amendments to existing trade agreements, and PCT’s supply costs consequently increase, PCT may be required to raise PureFive® resin product prices, which may result in decreased margins, the loss of customers, and a material adverse effect on PCT’s financial results.Risk factors (Item 1A)
Also named by AAP, ABT, ALLY, ATR, AZO, BBW, BWA, CMG and 19 more
EU Recycled Plastics Regulation (Commission Regulation No. 2022/1616)
subject tonamed as a riskDue to administrative bottleneck issues, the timing of this review is uncertain for suppliers of recycled plastic.Business (Item 1)
REACH (Regulation (EC) No. 1907/2006)
subject toImports of ultra-pure recycled polypropylene (“UPR”) into the European Union are subject to Regulation (EC) No. 1907/2006 concerning the Registration, Evaluation, Authorization and Restriction of Chemicals (“REACH”).Business (Item 1)
FTC Green Guides (16 C.F.R. Part 260)
subject toThe FTC requires that our marketing and advertising and our feedstock suppliers be truthful, non-misleading, not deceptive to consumers, and consistent with the Guides for the Use of Environmental Marketing Claims, 16 C.F.R. Part 260, concerning recycling claims.Business (Item 1)