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0 0 0.000294204177699291 -0.00147102088849662 -0.00154457193292144 0.0223595175051486 0.0435054427772875 0.0379891144454251
Stock impact report

PureCycle Signs €40 Million Innovation Fund Grant Agreement with European Climate, Infrastructure and Environment Executive Agency

PureCycle Technologies, Inc. - Common stock (PCT) 
Company Research Source: GlobeNewswire
ORLANDO, Fla., March 25, 2026 (GLOBE NEWSWIRE) -- PureCycle Technologies, Inc. (Nasdaq: PCT), today, announced that it has signed a €40 million grant agreement from the Innovation Fund with the European Climate, Infrastructure and Environment Executive Agency (CINEA) to fund its ‘ASTRA PP’ project in the NextGen District at the Port of Antwerp-Bruges. Yesterday, CINEA announced that a total of 54 projects selected under the Innovation Fund 2024 Call for Net-Zero Technologies have signed their grant agreements. In total, the projects will receive €2.7 billion of funding. As part of Project ‘ASTRA PP,’ PureCycle will install a polypropylene (PP) dissolution recycling facility in the Port of Antwerp-Bruges, in Belgium designed for an annual production capacity of 59,000 tonnes (130 million lbs.) of PureFive® resin. The project name, ‘ASTRA PP’, pays homage to PureCycle's facility site in the NextGen District and stands for Advanced Solvent-based Technology for Recycling in Antwerp for Show less Read more
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