PureCycle Technologies, Inc. commercializes a patented dissolution recycling technology that converts waste polypropylene into high-quality resin pellets called PureFive® resin, which performs similarly to virgin polypropylene. The company operates a three-step process—feedstock preparation, purification using supercritical fluids and solvents, and compounding to meet customer specifications—that restores plastic waste to near-virgin condition using less energy and lower costs than virgin resin manufacturing. PureCycle generates revenue by selling recycled and compounded polypropylene resin pellets and co-products to multinational corporations seeking sustainable solutions to meet regulatory requirements and environmental commitments while reducing waste in landfills and oceans.