PureCycle Technologies(PCT) - 2022 Q3 - Earnings Call Presentation

Operational Progress - Ironton facility is targeting mechanical completion and pellet production in Q1 2023[8, 17] - Augusta project Phase 1 engineering and construction activities continue, with production ramp-up expected in 2H24 due to utility equipment lead times and financing timing[8, 25] - Feed PreP commissioning has begun at Ironton, processing over 1.3 million pounds of feedstock[8, 17] Commercial & Feedstock - Augusta Lines 1&2 offtake is oversubscribed to 111% of plant capacity[8, 30] - 12 million pounds of new Feedstock LOIs were signed for the Augusta purification facility[8] - Feedstock pipeline for Augusta is oversubscribed by approximately 7.5%[30] Financial Status & Global Expansion - PureCycle ended 3Q22 with $416 million in total cash and investments[8, 35] - $168 million has been allocated to the Augusta project to support 2024 full commissioning[8] - A joint venture agreement was signed with SK geo centric in South Korea for a polypropylene recycling facility with a capacity of 130 million pounds per year[8, 33]