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Michael Taylor: PCT transitions from experiment to global monopoly with pricing power
Michael Taylor, co-founder / portfolio manager at Agora Trading, writes that PCT is moving from a scientific experiment to a real business. He highlights that the company has a growing backlog, major partners, and is developing a next-generation plant that is expected to be better and cheaper. Taylor also characterizes PCT as a global white-space monopoly with pricing power.
Taylor previously remarked on the vast size of the global coffee lid market and the impact of U.S. state mandates on demand for recycled polypropylene in a recent article. He noted that recycled PP use is being driven by policy as well as industry needs. These observations add context to PCT’s ongoing business developments.
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