PCT

Purecycle Technologies, Inc.

A company that recycles polypropylene plastic (the #5 plastic in tubs, bottle caps, and food containers) into a virgin-like resin sold as PureFive, for makers of consumer goods and packaging. It was founded in 2015 to commercialize a purification process developed in the labs of consumer-goods giant Procter & Gamble, which licensed the technology to the new firm. The name PureFive winks at the #5 recycling code on polypropylene, the only plastic it purifies.