PureCycle's Ironton plant reliability issues limit production
PCT•PureCycle disclosed two reliability issues limiting production at its Ironton plant, including a New Jersey food-contact regulatory delay affecting about 15 customer programs representing roughly 50 million pounds annually at full ramp. Third-quarter revenue fell to approximately $2.3 million from $4.5 million in the prior quarter.
1. Production constraints
PureCycle disclosed two reliability issues limiting production at its Ironton plant in results released November 4, 2026, after market close. A New Jersey food-contact regulatory delay affected about 15 customer programs representing roughly 50 million pounds annually at full ramp.
2. Revenue and shares
Third-quarter revenue was approximately $2.3 million, down from $4.5 million in the prior quarter. Shares fell approximately 10.6% during the November 4 trading session, before the disclosure.
