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(Bloomberg) -- PureCycle Technologies LLC, a polypropylene recycling company, is in talks to go public through a merger with Roth CH Acquisition I Co., according to people with knowledge of the matter. Get a new bike now for only $299 with full warranty and delivered ready to ride! Bloomberg | Quint is a multiplatform, Indian business and financial news company. Bloomberg Report: PureCycle Technologies Said in Talks to Go Public Via Roth SPAC - ROCH ROCHW "PureCycle Technologies LLC, a polypropylene recycling company, is in talks to go public through a merger with Roth CH Acquisition I Co., according to people with knowledge of the matter. Newport Beach, California-based Roth, a special purpose acquisition company, is in discussions with prospective investors to raise about $200 million for a transaction, said some of the people, who requested anonymity because the talks are private. PureCycle, led by Chief Executive Officer Mike Otworth, this month said it had issued bonds to raise $250 million that would fund the construction of its first plant in Ironton, Ohio. PureCycle is a portfolio company of Innventure. About PureCycle Technologies. PureCycle Technologies, a plastics recycling company with technology from Procter & Gamble Company (NYSE: PG), is going public via a special purpose acquisition company. The Company offers recycled polypropylene and resin, as well as removes color, odor, and other contaminants from plastic waste feedstock. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. PureCycle Technologies licenses technology from Procter & Gamble. PureCycle Technologies Said in Talks to Go Public Via Roth SPAC. PCYO | Complete Pure Cycle Corp. stock news by MarketWatch. PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant to restore used polypropylene (PP) plastic to ‘virgin-like’ quality with a revolutionary recycling method. Our proprietary process removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. In addition to his role at PureCycle Technologies, Jim serves as VP and CFP for Glockner Enterprises, southeast Ohio’s leading transportation solution organization. Urban Commuter Bikes, City Bikes, Fixies, and Geared Bicycles In Stock. PureCycle Technologies process offers the only recycled polypropylene with properties equal to virgin polymer.. PureCycle Technologies Partners with Milliken, Nestlé to Accelerate Revolutionary Plastics Recycling. PureCycle Technologies serves clients worldwide. As with all deals that aren’t yet finalized, it’s possible talks could collapse. View real-time stock prices and stock quotes for a full financial overview. PureCycle Technologies will make high-quality, recycled PP widely available for purchase across industries. The Company offers recycled polypropylene and resin, as well as removes color, odor, and other contaminants from plastic waste feedstock. In April, Graf Industrial Corp. said it was negotiating with PureCycle. This isn’t the first time that PureCycle has been near a SPAC merger. Our proprietary process removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. PURECYCLE TECHNOLOGIES LLC: MICHAEL OTWORTH: MICHAEL OTWORTH: CEO: 2019-11-05: Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. (Bloomberg) -- PureCycle Technologies LLC, a polypropylene recycling company, is in talks to go public through a merger with Roth CH Acquisition I Co., according to … Pure Cycle is a vertically integrated water and wastewater provider with a mission to deliver safe, great tasting, pure water from its source to municipalities and businesses with a focus on our customers and conserving our planet's most valuable resource. Polypropylene Plastic Can Finally Be Recycled - Bloomberg News - PureCycle Technologies News - PureCycle Technologies News Archives - PureCycle Technologies PureCycle Technologies Completes $250 Million Bond Raise; Begins Construction on Phase II Industrial Line in Ironton, Ohio | Business Wire A startup named PureCycle Technologies has broken ground on a $120 million polypropylene (PP) recycling facility in Ironton, Ohio. The merged entity would have a market value of $1.1 billion and an enterprise value of roughly $825 million, they said. Southern Ohio Port Authority - PureCycle: Ohio LLC: Green Bond Assessment. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Hence, there is little demand for old toys, packaging, carpets, or other polypropylene products that could be recycled. Our team is providing quite a few tours for our strategic partners and the feedback of seeing our process... Continue Reading. The … PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant Read more The standard recycling process grinds up colored plastic to create a gray or black material that has limited uses. By breaking plastics into component parts, a process known as chemical recycling offers a promising way to turn used products into new ones with a minimum of waste. Latest news about PureCycle Technologies. PureCycle Technologies LLC, a polypropylene recycling company, is in talks to go public through a merger with Roth CH Acquisition I Co., according to people with knowledge of the matter. The transactions are expected to close in the first quarter of 2021.About PureCycle PureCycle Technologies LLC holds the exclusive global license to commercialize the only patented solvent-based purification recycling technology for restoring waste polypropylene into virgin-like resin. That plant is expected to produce more than 105 million pounds of ultra-pure recycled polypropylene a year, it said. PureCycle Technologies Partners with Milliken, Nestlé to Accelerate Revolutionary Plastics Recycling CHICAGO, March 13, 2019 — PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s … "The PureCycle Technologies is paving the way towards making polypropylene a renewable resource and an integral part of the circular economy. The Monteverde Associates law firm said it is investigating Roth CH Acquisition I relating to its proposed merger with PureCycle Technologies. Missing BloombergQuint's WhatsApp service? Roth is led by Chairman and CEO Byron Roth and co-presidents Aaron Gurewitz and Rick Hartfiel. Pure Water From its Source to You. PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. Join our. Its first company, PureCycle Technologies, uses a new, patented technology to recycle polypropylene plastic without any residual odor, color or contaminants. PureCycle Technologies, Chicago, has announced that it has transformed end-of-life carpet into Ultra-Pure Recycled Polypropylene (UPRP) resin with its feedstock evaluation unit (FEU), which uses proprietary plastics recycling technology developed and invented by Procter & Gamble, Cincinnati.The company says the technology will lead to a substantial increase in demand for end-of … PureCycle Technologies, Chicago, has announced an agreement with beauty company L’Oréal, Paris, to supply polypropylene (PP) that has been recycled using technology it has licensed from Procter & Gamble Co., Cincinnati.. With this agreement, the production from PureCycle’s still-under-construction Ohio plant has been fully contracted for sale, the company says. Graf later struck a deal with Velodyne Lidar Inc., a maker of sensors used in self-driving vehicles. A vacuum sucks up scrap polypropylene at a plant in Ohio run by PureCycle Technologies, a startup licensing the P&G technology. PureCycle transforms waste carpet into Ultra-Pure Recycled Polypropylene, Validating P&G’s proven technology at scale PureCycle Technologies today announced it has successfully completed purified waste carpet from its Feedstock Evaluation Unit… PureCycle Technologies serves clients worldwide. PureCycle Technologies offers the only recycled polypropylene with properties comparable to virgin polymer. The vehicle raised $76.5 million in a May initial public offering and said at the time it would seek a target in any sector, though with a focus on business services, consumer, health care, technology or wellness. WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Roth CH Acquisition I Co. ("ROCH" or the "Company") (NASDAQ: ROCH) in connection with the Company's proposed merger with PureCycle Technologies LLC ("PureCycle"), a privately-held plastics recycling company. Site Migrator In Updates. 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