Press Release
PureCycle partners with SK Global Chemical to open ultra-pure recycling plant in South Korea

Innovative maker of recycled polypropylene announces a signed memorandum of understanding (MOU) with SK Global Chemical.

PureCycle Technologies, Inc. (Nasdaq: PCT) announced today a signed memorandum of understanding (MOU) with SK Global Chemical, a technology-driven global chemical company headquartered in South Korea, as a first step to enable the building and operating of a recycling facility in South Korea to transform polypropylene (PP) waste into ultra-pure polypropylene resin (UPRP). The signed MOU will allow for PureCycle and SK Global Chemical to work toward solving the ongoing plastic waste crisis in South Korea and around the globe.

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