PureCycle Technologies announced a new partnership with Formerra. Formerra will serve as the primary authorized North American distributor of PureCycle's ultra-pure recycled (UPR) polypropylene resin, PureFive™. PureCycle resin is made using a patented process designed to transform polypropylene plastic waste into a continuously renewable resource.

PureCycle's unique purification technology removes odor, color, and other impurities from polypropylene waste. This results in ultra-pure recycled plastic that can be recycled and reused, enabling a truly circular economy. PureCycle resin is a like-virgin material, easily colorable, and is not only 100% recyclable, but also projected to use approximately 79% less energy than virgin resin.

It's also projected to release 35% fewer carbon emissions than new polypropylene manufacturing, further substantiating its sustainability benefits.  PureCycle's resin is expected to be available to Formerra customers as early as fourth quarter of this year.