# PureCycle sells nearly 500,000 pounds of resin to Drake Extrusion for yarn production

PureCycle Technologies announced the initial sale of nearly 500,000 pounds of its PureFive resin to Drake Extrusion Inc. for the production of continuous filament yarns. The resin was produced at Ironton, Ohio from 100% post-consumer recycled feedstock.

- Type: Contract
- Announced: 2025-01-21
- Where: Ironton, Ohio, United States
- Status: completed
- Capacity: 500000 pounds of resin
- Products: recycled polypropylene resin, continuous filament yarns
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [PureCycle Technologies](https://endata.com/companies/47348.md)
- [PureCycle Technologies](https://endata.com/companies/47348.md) (supplier)
- [Drake Extrusion](https://endata.com/companies/82460.md) (customer)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/worldnow/article/accwirecq-2025-1-21-drake-purchases-purecycle-resin-following-successful-production-of-continuous-filament-yarns), 2025-01-21: "PureCycle Technologies, Inc. (NASDAQ: PCT), today, announced the initial sale of nearly 500,000 pounds of resin to Drake Extrusion Inc. (Drake) for the production of continuous filament yarns."
- [ptonline.com](https://www.ptonline.com/news/purecycle-makes-commercial-sale-of-purefive-pp-resin-to-drake-extrusion), 2025-01-27: "We’ve been looking for a partner who can repeatedly deliver a postconsumer recycled polypropylene that can be turned into a sustainable fiber for our customers"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.