PureCycle Technologies(PCT) - 2021 Q1 - Earnings Call Presentation

Company Overview - Less than 1% of polypropylene (PP) is mechanically recycled, compared to nearly 20% of polyethylene terephthalate (PET)[5] - Polypropylene represents 28% of the world's polymer demand, with over 160 billion pounds produced annually[5] Technology and Operations - The company has conducted over 350 tests at lab scale, evaluating over 170 feedstocks[11] - Plant 1 is on track to begin operations in Q4 2022[28] - The annual plant capacity for Cluster 1 and Cluster 2 is 130 million pounds each[33] - Purification of feedstocks with up to 25% contamination has been successful[27] Financial Status - The company raised $732 million since Q4 2020[42] - Total cash available as of March 31, 2021, was $570 million[22, 43]