PureCycle Technologies has teamed up with Procter & Gamble to open a plastics recycling plant on a former Dow Chemical site in Lawrence County, Ohio.
The new plant will restore used polypropylene plastic to ‘virgin-like’ quality, using an innovative patented technology developed by P&G and licensed to PureCycle.
“This is a case where a hundred-billion dollar industry required new technology to meet a compelling, unmet need,” said Mike Otworth, CEO of PureCycle Techolgies. “Both manufacturers and consumers have signalled a strong preference for recycling plastics, which otherwise pollute oceans, landfills and other natural places. Until now, recycled PP had limited applications. We’re single-handedly removing those limitations and giving companies the opportunity to use more sustainable, recycled resins.”
“Our approach to innovation not only includes products and packaging, but technologies that allow us and others to have a positive impact on our environment. This technology, which can remove virtually all contaminants and colors from used plastic, has the capacity to revolutionize the plastics recycling industry by enabling P&G and companies around the world to tap into sources of recycled plastics that deliver nearly identical performance and properties as virgin materials in a broad range of applications,” said Kathy Fish, P&G’s Chief Technology Officer.