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PureCycle Technologies announced a $250 million private equity capital raise to support the build-out of its multi-line manufacturing complex in Augusta, Georgia, and other corporate purposes.
SK Geo Centric and Purecycle Technologies have signed a contract to build Asia's first recycled polypropylene production plant with an annual capacity of 60,000 tons in Ulsan, South Korea. Construction starts within the year for completion in 2024.
SK Geo Centric and Kolon Industries are partnering to build a 50,000-tonne PBAT plant in Seoul. Kolon provides production technology, SK supplies raw materials.