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0 0.0141592920353982 0.0141592920353982 0.0177168141592921 0.031858407079646 0.0283185840707965 0.0176991150442479 0.0123893805309735
Stock impact report

PureCycle Technologies Fourth Quarter and Fiscal Year Ending 2023 Update [Yahoo! Finance]

PureCycle Technologies, Inc. - Common stock (PCT) 
Company Research Source: Yahoo! Finance
a corporate update for the fourth quarter and fiscal year ending December 31, 2023. Management Commentary PureCycle Chief Executive Officer Dustin Olson said, "Our team made several improvements to the Ironton purification facility in the fourth quarter, which allowed us to make good progress towards continuously running the Ironton Facility at expected capacity rates. We continue to work through some limitations, such as the rate of displacement of co-product two from the system. Corrective engineering designs have been completed for an upgrade to the co-product area and work has already begun on the installation. I am proud of what the Ironton team has accomplished to date, and I am excited about our opportunities in 2024." Olson added, "In early March, the Company purchased approximately 99% of its $249.5 million revenue bonds that were issued to fund construction of the Ironton Facility. The purchase of the revenue bonds removed substantially all restrictive covenants and ev Show less Read more
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