PureCycle Technologies Inc. has announced a new partnership with IRPC Public Company Limited, a leading petrochemical company in Southeast Asia. This collaboration aims to establish a polypropylene recycling facility in Rayong, Thailand, within IRPC's eco-industrial zone. The facility will feature a 130-million-pound production line, marking a significant step in PureCycle's global expansion strategy. This partnership aligns with PureCycle's broader plan to achieve one billion pounds of installed capacity worldwide by 2030, supported by a recent $300 million capital raise.
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