PureCycle Technologies, Inc. recently broke ground on its second US plastic waste purification facility in Augusta, Georgia, which will enable PureCycle to expand production of its ultra-pure recycled (UPR) resin. Initial construction activities began immediately following the ceremony held on March 22, 2022.
The facility, located in Augusta Corporate Park, is designed to transform No. 5 plastic waste into a sustainable material that can be used to make products consumer use on a regular basis such as yogurt cups, cosmetics, plastic containers and car parts. PureCycle’s Augusta location can support up to eight purification lines, which collectively are designed to produce approximately one billion pounds of like-new recycled plastic annually.
The groundbreaking and start of construction in Augusta come on the heels of the recent announcement of PureCycle’s $250 million private equity capital raise, which will help support the build out of the facility. The recycled resin produced at the facility will be used by PureCycle’s customers as more environmentally sustainable resin for producing products. PureCycle expects the first two Augusta purification lines to be completed in the fourth quarter of 2023, with a capacity to produce 260 million pounds of like-new recycling resin annually. For more information, visit www.purecycle.com.
