PureCycle Technologies Talks Ironton Ramp, Thailand Plant Timeline, and Gen 2 Cost Cuts at Roth Conference

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Tue, March 24, 2026 astatine 5:02 AM CDT 7 min read

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Ironton plant: PureCycle has commercialized Ironton and is moving astir 8,000–10,000 lb/hr (about 60% utilization) with an ~80‑person tract team, and plans an April outage to amended prime and alteration higher production.
Thailand works — wholly owned: The institution moved to a 100% owned installation astatine IRPC’s site, targeting mechanical completion by the extremity of adjacent twelvemonth with merchandise ramping done 2028, and expects little CapEx per lb and integrated inferior benefits.
Gen 2 scaling & outgo targets: PureCycle aims for a 500 million‑lb/year Gen 2 plan with estimated CapEx of $1.25–$1.50 per lb (vs. Ironton’s ~ $3.50), which could bring costs person to virgin polypropylene and materially amended margins.
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PureCycle Technologies (NASDAQ:PCT) executives utilized a Roth Capital league fireside chat to sermon advancement astatine the company’s Ironton, Ohio recycling facility, the timeline and operation of its adjacent works successful Thailand, and however absorption is approaching commercialization and evolving regularisation astir recycled plastics.

CEO Dustin Olson said the institution has made important advancement since becoming nationalist and constructing Ironton during the COVID period, describing the process of scaling a “transformative” exertion arsenic challenging but progressively de-risked implicit time. Olson noted that PureCycle has commercialized Ironton, proven the exertion works, and produced extremity products from the plant’s output.

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He emphasized that operational capabilities astatine Ironton person matured significantly, pointing to the improvement of an astir 80-person squad astatine the tract and the summation of specialized expertise that was not successful spot successful earlier years. Olson said the institution present amended understands “the pulse” and “personality” of the facility, including cardinal reliability impacts.

During the discussion, the moderator referenced the works operating astatine astir 60% utilization. Olson said Ironton has been moving “pretty successfully” astatine an 8,000 to 10,000 pounds-per-hour level with “pretty bully quality,” adding that the institution has reached higher rates for a play of clip successful the past. He besides said an outage successful April volition see projects intended to incrementally amended prime and alteration higher accumulation levels.

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