PureCycle to Receive FDA No Objection Letter for PureFive Resin

PureCycle Technologies, Inc. announced the receipt of a Letter of No Objection (LNO) from the United States Food & Drug Administration (FDA) confirming that the Company's PureFive™ Ultra-Pure Recycled resin is suitable for use in food-contact applications.

This LNO expands upon a previous no-objection letter to PureCycle from the FDA, confirming that the Agency considers PureFive™ Ultra-Pure Recycled resin to be suitably pure for use in contact with all food types under FDA's Conditions of Use A through H. This expansion provides PureCycle with the same Conditions of Use for PureFive™ recycled resin as virgin polypropylene. The Conditions of Use span from frozen food storage to microwaveable packaging.

The FDA's LNO acknowledges that PureCycle may procure a wider range of feedstock for FDA applications, including curbside materials that are sorted for food-grade. Currently, the Company purchases both food-grade and non-food grade feedstocks for the purification operations. The Company previously received an LNO for all food types under Conditions of Use E through G with only food-grade post-consumer recycled feedstock that was collected at stadiums and other point sources.

This is the result of months of feed preparation and purification through PureCycle's Feedstock Evaluation Unit, sample-gathering and an extensive component challenge-testing in preparation for the final submission.

The Company also previously received an LNO for all food types under Conditions of Use A-H with the use of food-grade post-industrial recycled materials. PureCycle uses a patented recycling process to remove color, odor, and other impurities from polypropylene plastic waste.