PureCycle Technologies to Participate in Climate Tech Webinar "Looking Towards Glasgow - Transitioning from a Fossil Fuel to a Renewable Energy Society"
PureCycle Technologies, Inc. (NASDAQ: PCT) announced that Michael Dee, CFO, will present at a climate tech webinar titled "Looking Towards Glasgow" on October 27, 2021, from 9:30 a.m. to 11:30 a.m. Eastern Time. The event is sponsored by Roth Capital and the Permanent Missions of Costa Rica and the Maldives to the UN, focusing on climate change management. Dee's presentation will detail PureCycle's innovative method for recycling polypropylene into ultra-pure resin, setting the stage for its role in sustainability.
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ORLANDO, Fla., Oct. 26, 2021 /PRNewswire/ -- PureCycle Technologies, Inc. (NASDAQ: PCT), a company revolutionizing polypropylene recycling, announced today that Michael Dee, Chief Financial Officer, will present at "Looking Towards Glasgow – Transitioning from a Fossil Fuel to a Renewable Energy Society", a climate tech webinar sponsored by Roth Capital, NGO Sustainability Inc., and the Permanent Missions of Costa Rica and the Maldives to the United Nations.
The event will be held in a virtual format on Wednesday, October 27, 2021, from 9:30 a.m. – 11:30 a.m. Eastern Time. The webinar precedes the forthcoming United Nations Climate Change Conference (COP26) and is designed to highlight companies leading the charge to manage climate change.
PureCycle's scheduled presentation is titled, "PureCycle Technologies: The World's First Company Able to Inexpensively Recycle Polypropylene to an Ultra-Pure State" and will be presented during the 9:30 a.m. to 10:30 a.m. timeslot. The entire event will be webcast live and available for replay here.
About PureCycle Technologies
PureCycle Technologies LLC, a subsidiary of PureCycle Technologies, Inc., holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company, for restoring waste polypropylene (PP) into ultra-pure resin. The proprietary process removes color, odor and other contaminants from recycled feedstock resulting in ultra-pure polypropylene suitable for any PP market. To learn more, visit purecycle.com.
Company Contact:
Anna Alexopoulos Farrar
afarrar@purecycle.com
(954) 647-7059
Investor Relations Contacts:
Georg Venturatos
Gateway Investor Relations
PCT@GatewayIR.com
(949) 574-3860
Forward-Looking Statements
This press release contains forward-looking statements, including statements about the financial condition and prospects of PCT. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of the management of PCT and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in "Risk Factors," those discussed and identified in public filings made with the Securities and Exchange Commission (the "SEC") by PCT and the following: PCT's ability to meet, and to continue to meet, applicable regulatory requirements for the use of PCT's UPRP in food grade applications (both in the United States and abroad); PCT's ability to comply on an ongoing basis with the numerous regulatory requirements applicable to the UPRP and PCT's facilities (both in the United States and abroad); expectations and changes regarding PCT's strategies and future financial performance, including its future business plans, expansion plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and PCT's ability to invest in growth initiatives; PCT's ability to scale and build its first plant in Ironton, Ohio a timely and cost-effective manner; PCT's ability to scale and build its first cluster facility in Augusta, Georgia in a timely and cost-effective manner PCT's ability to maintain exclusivity under the P&G license (as described below); the implementation, market acceptance and success of PCT's business model and growth strategy; the success or profitability of PCT's offtake arrangements; the ability to source feedstock with a high polypropylene content; PCT's future capital requirements and sources and uses of cash; PCT's ability to obtain funding for its operations and future growth; developments and projections relating to PCT's competitors and industry; the outcome of any legal proceedings to which PCT is, or may become a party, including recently filed securities class action cases; geopolitical risk and changes in applicable laws or regulations; the possibility that PCT may be adversely affected by other economic, business, and/or competitive factors; operational risk; and risk that the COVID-19 pandemic, and local, state, and federal responses to addressing the pandemic may have an adverse effect PCT's business operations, as well as PCT's financial condition and results of operations.
Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of PCT prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements.
All subsequent written and oral forward-looking statements or other matters attributable to PCT or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this press release. Except to the extent required by applicable law or regulation, PCT undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
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