Loading...
•
Jun 30, 2024
PureCycle Q2 2024 Earnings Report
PureCycle announced a corporate update for the second quarter ending June 30, 2024.
Key Takeaways
PureCycle Technologies made foundational progress in Q2 with production improvements, increased reliability, and higher levels of co-product 2 (CP2). Upgrades at the Ironton Facility led to the highest production month in June. The company received first orders for compounded PureFive™ material and ended the quarter with $10.9 million in unrestricted cash.
Made foundational progress in production and reliability during Q2.
Improvements at the Ironton Facility resulted in the highest production month in June.
Received first orders for compounded PureFive™ material.
Ended the second quarter with approximately $10.9 million of unrestricted cash.