PureCycle Technologies

Chemengonline | May 19, 2020

Total S.A. (Paris, France) has signed an agreement with PureCycle Technologies LLC (Ironton, Ohio) to develop a strategic partnership in plastic recycling. As part of the agreement, Total undertakes to purchase part of the output of PureCycle Technologies’ future facility in the U.S. and to assess the interest of developing a new plant together in Europe. PureCycle Technologies uses an innovative, patented technology to separate color, odor and any other contaminants from plastic waste fee...

Chemical Management, Products and Technologies

PureCycle Technologies | March 21, 2023

PureCycle Technologies and Mitsui & Co. Ltd. announced a signed heads of agreement (HOA) to develop and operate a polypropylene (PP) recycling plant in Japan. Mitsui is a global trading and investment company with a diversified business portfolio based in Tokyo. In September of 2021, the two sides announced a signed memorandum of understanding. The two sides are targeting completion of a plant in 2026. The first plant is designed to transform PP waste into an ultra-pure recy...

Chemical Management

PureCycle Technologies | July 30, 2021

PureCycle Technologies, Inc. has agreed to establish its first U.S. cluster plant to make ultra-pure recycled polypropylene (rPP) from waste polypropylene with The Augusta Economic Development Authority (PP). The 200-acre site at Augusta Corporate Park will produce over 80 manufacturing jobs, with an initial $440 million investment largely funding three lines with a capacity of 130mm pounds during Phase 1 of the project. Augusta-Richmond County was chosen because of its feed and product delivery...

Nasdaq | January 15, 2020

Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...