PureCycle (PCT) Expands PureFive Use as Regulatory Tailwinds Meet Execution Risk
PureCycle (PCT) and IPL Schoeller launched SnapPack Square EVO, a sustainable packaging line with 20% PureFive recycled polypropylene. This follows their prior collaboration on a food-contact container. The launch aligns with New Jersey's recycled content laws, which require 10% PCR now, rising to 50% by 2036. PureCycle faces risks, including regulatory changes and execution challenges. In Q2, PureCycle reported a net loss of $142.2 million and adjusted EBITDA loss of $31.7 million, with PureFiv




