PureCycle Technologies secures major Innovation Fund backing for European recycling push

PureCycle Technologies secures major Innovation Fund backing for European recycling push
PureCycle lands €40 million EU grant

PureCycle Technologies has signed a €40 million grant agreement with the European Union’s Innovation Fund.

This funding will accelerate PureCycle Technologies' plan to introduce its proprietary dissolution recycling technology in Europe, aiming to advance sustainable plastics processing on the continent. The agreement, brokered with the Climate, Infrastructure and Environment Executive Agency (CINEA), marks a significant step in PureCycle Technologies’ international growth strategy. PureCycle Technologies continues to focus on developing closed-loop recycling solutions that target hard-to-recycle plastics and meet rising regulatory demands in the European market.

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