PureCycle (PCT) Surges 12% on EU Expansion
Core Insights - PureCycle Technologies Inc. (NASDAQ:PCT) experienced a significant stock price increase of 12.22%, closing at $14.78, driven by investor interest in its expansion plans into the European Union [1] - The company received REACH Compliance certification, confirming its adherence to the EU's strict regulatory standards for health and environmental safety [2] - The REACH certification will facilitate the introduction of PureCycle's innovative dissolution recycling technology in Europe, with anticipated demand for its PureFive resin [3] - PureCycle plans to establish its first European facility in Antwerp, Belgium, with completion expected within three years [4]