PureCycle Achieves Highest CosPaTox Purity Rating, Transforming Post-Consumer Plastic Waste Into Leave-On Cosmetic Grade Resin

Independent study by Procter & Gamble confirms PureCycle’s dissolution recycling process upgrades post-consumer curbside waste to A3 Leave-on Cosmetic Grade, the highest quality level in the CosPaTox framework

ORLANDO, Fla. – PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, today announced the result of a landmark 2025 study conducted by scientists at The Procter & Gamble Company (P&G) confirming that PureCycle’s dissolution recycling process dramatically reduces contaminants in post-consumer recycled (PCR) polypropylene. PureFive® resin achieved the highest possible safety rating under the internationally recognized CosPaTox assessment framework.

CosPaTox is a science-based methodology developed by a voluntary industry consortium to evaluate the safety and suitability of recycled plastic materials for use in consumer products. The framework applies rigorous toxicology science to assign quality ratings based on the detected levels of contaminants and the intended application of the recycled material.

The CosPaTox rating scale ranges from Category C, suitable for industrial or detergent packaging applications, to Category A, the highest designation, which confirms that material is safe for use in leave-on cosmetic products that come into direct and prolonged skin contact.  Achieving a Category A rating is one of the most demanding quality benchmarks in the plastics recycling industry.

The study, conducted on PureCycle’s full-scale production facility in Ironton, Ohio, assessed five incoming lots of household waste polypropylene PCR feedstock against five finished lots of PureCycle PureFive® polypropylene resin. All analyses were performed in triplicate to ensure statistical reliability.

“The results of this study demonstrate what is possible when rigorous science is applied to the challenge of recycling. P&G developed the dissolution recycling technology precisely because we believed it could achieve purity levels far beyond what traditional recycling can deliver,” said Lee Ellen Drechsler, Senior VP of Corporate Research and Development at P&G. “Achieving an A3 CosPaTox rating across all five finished lots is a testament to the consistency and efficacy of the process at commercial scale. This is the kind of breakthrough that can genuinely change how the industry thinks about recycled content in consumer products.”

Originally developed by scientists at Procter & Gamble and subsequently licensed to PureCycle for commercialization, the dissolution recycling process represents a significant purification advantage over mechanical recycling methods. PureCycle’s approach selectively dissolves polypropylene and separates it from the additives, colors, odors and fillers found in plastic packaging.

“This collaboration with P&G and the resulting CosPaTox assessment represent a significant milestone for PureCycle and for the plastics recycling industry. Earning the highest possible CosPaTox quality rating across numerous lots tested from our Ironton Facility proves that our process isn’t only effective in the lab, it also performs consistently at scale,” said PureCycle CEO Dustin Olson. “We are opening the door to a future where choosing recycled polypropylene is not a compromise, but a superior, trusted material offering the world’s most demanding brands the quality they require for sensitive applications.”

PureCycle’s dissolution recycling process also maintains the polymer throughout purification, meaning the resulting PureFive® resin retains the structural and performance characteristics of virgin polypropylene. This allows brands and manufacturers to use PureCycle’s recycled resin in high-performance, safety-sensitive applications that would otherwise require virgin plastic. In addition to purity gains, the technology delivers measurably lower CO₂ emissions compared to new plastic production and diverts plastic from landfills, making PureCycle’s recycled polypropylene a clear winner for the environment.

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PureCycle Contact

Christian Bruey  

cbruey@purecycle.com  

Investor Relations Contact

Eric DeNatale

edenatale@purecycle.com    

About PureCycle Technologies  

PureCycle Technologies LLC., a subsidiary of PureCycle Technologies, Inc., holds a global license for the only patented dissolution recycling technology, developed by The Procter & Gamble Company (P&G), that is designed to transform polypropylene plastic waste (designated as #5 plastic) into a continuously renewable resource. The unique purification process removes color, odor, and other impurities from #5 plastic waste resulting in our PureFive™ resin that can be recycled and reused multiple times, changing our relationship with plastic. For more information, visit purecycle.com.  

Forward-Looking Statements

This press release contains forward-looking statements, including statements about the continued execution of PureCycle’s business plan, the expected results of tests and trials, the expected timing of commercial sales, and planned future updates. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements generally relate to future events or PureCycle’s future financial or operating performance and may refer to projections and forecasts. Forward-looking statements are often identified by future or conditional words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions (or the negative versions of such words or expressions), but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements are based on the current expectations of PureCycle’s management and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of this press release. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in the section entitled “Risk Factors” in each of PureCycle’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and PureCycle’s Quarterly Reports on Form 10-Q for various quarterly periods, those discussed and identified in other public filings made with the Securities and Exchange Commission by PureCycle and the following: PCTs’ ability to obtain funding for our operations, future capital requirements and future growth, and to continue as a going concern; PCT’s ability to meet, continue to meet, and comply on an ongoing basis with, the numerous regulatory requirements applicable to our PureFive® resin (as defined below) both generally and in food-grade applications and, more broadly, the operations of our facilities (including in the United States, Europe, Asia and other future international locations); expectations and changes regarding PCT’s strategies and future financial performance, including future business plans, expansion plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives, which could be impacted by significant changes to tariffs on foreign imports; the ability of PCT’s first commercial-scale recycling facility in Lawrence County, Ohio (the “Ironton Facility”) to be appropriately certified by Leidos (as defined below), following certain performance and other tests, and commence full-scale commercial operations in a timely and cost-effective manner, or at all; PCT’s ability to meet, and to continue to meet, the requirements imposed upon us and our subsidiaries by the funding for our operations, including the funding for the Ironton Facility and the Planned Facilities (as defined below); PCT’s ability to minimize or eliminate the many hazards and operational risks at our manufacturing facilities that can result in potential injury to individuals, disrupt our business, including interruptions or disruptions in operations at our facilities, and subject us to liability and increased costs; PCT’s ability to complete the necessary funding with respect to, and complete the construction of, the new polypropylene recycling facility in Thailand (the "Thailand Facility"), our first commercial-scale European plant located in Antwerp, Belgium (the "Belgium Facility"), and the purification facility to be built in Augusta, Georgia (the "Augusta Facility" and, together with the Thailand Facility and the Belgium Facility, the “Planned Facilities”) in a timely and cost-effective manner; PCT’s ability to procure, sort and process polypropylene plastic waste at our planned plastic waste prep facilities; PCT’s ability to maintain exclusivity under The Procter & Gamble Company license; the implementation, market acceptance and success of PCT’s business model and growth strategy, which includes our ability to bring a total of one billion pounds of installed polypropylene recycling capability online by 2030, and our ability to meet related construction, regulatory, and financing requirements; the ability to negotiate multi-year offtake agreements at appropriate margins to fund ongoing operations; the possibility that PCT may be adversely affected or potentially impacted by economic, business, and/or competitive factors, including interest rates, availability of capital, economic cycles, and other macro-economic impacts (such as tariffs); changes in the prices and availability of materials (such as steel and other materials needed for the construction of future Feed PreP and purification facilities), including those changes caused by inflation, tariffs and supply chain conditions, such as increased transportation costs, and our ability to obtain such materials in a timely and cost-effective manner; the ability to source feedstock with a high polypropylene content at a reasonable cost; the development of direct competitors in the recycled polypropylene segment that could impact the demand for PCT’s products; the outcome of any legal or regulatory proceedings to which PCT is, or may become, a party; geopolitical risk and changes in applicable laws or regulations; changes in the prices and availability of labor (including labor shortages), turnover in employees, and increases in employee-related costs; any business disruptions due to political or economic instability, pandemics, or armed hostilities (including the ongoing conflict between Russia and Ukraine and instability in the Middle East); and operational risks associated with the ability to operate the Ironton Facility and the Planned Facilities, as and when operative, at nameplate capacity.

PCT undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

Should one or more of these risks or uncertainties materialize or should any of the assumptions made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You should not rely upon forward-looking statements as predictions of future events.

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