PureCycle Receives REACH Certification, Unlocking EU Sales of PureFive™ Resin
Orlando, Fla. – PureCycle Technologies, Inc. (Nasdaq: PCT), announced today it has received the REACH Certificate of Compliance, allowing the Company to sell PureFive™ resin to customers in the European Union. The REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) Certificate of Compliance confirms that materials handled and produced by PureCycle meet the European Union’s (EU) stringent regulatory requirements for human health and environmental protection.
Every substance used in making a product needs to be registered under EU REACH when the production volume of that product exceeds one ton per year. This regulation also applies in Iceland, Liechtenstein and Norway.
PureCycle VP of European and Asia Pacific Operations Wiebe Schipper said, “Achieving EU REACH certification will allow us to help expand the reach of our first-of-a-kind dissolution recycling technology. We’re seeing demand for PureFive™ resin in Europe and this certification will allow us to put future orders of our high-quality recycled polypropylene into the hands of these potential customers, allowing them to try our products before our European production starts in 2028.”
PureCycle has plans to build its first European facility at the port of Antwerp in Belgium. This facility is expected to be completed in mid-2028.
PureCycle’s flagship dissolution recycling facility in Ironton, Ohio came online in 2023. The Company’s PureFive™ resin from the Ironton Facility has been successfully transformed into various applications, including food packaging, automotive parts and textiles.
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2023-01-17
€ 300 mln at Port Of Antwerp (BE)Chemical substances
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