PureCycle to invest $363 million, create 51 high-wage positions in Ironton
April 26, 2021
PureCycle Technologies LLC (PureCycle), in collaboration with JobsOhio, Ohio Southeast Economic Development (OhioSE), and Southern Ohio Port Authority, announced today plans to invest $363 million in the construction of a plant in Lawrence County, Ohio that will recycle polypropylene. The investment is a part of PureCycle’s strategic expansion into the United States to meet the heightened demand for recycled polypropylene as part of a long-term solution to the plastics waste crisis.
Company officials indicated that upon completion, the facility will produce over 105 million pounds of ultra-pure recycled polypropylene per year. Recycled polypropylene is used in a variety of end-use applications, including consumer goods packaging.
“We’re pleased to make this strategic investment in our Ironton facilities and are grateful to the community for embracing PureCycle and our vision to remake a difference,” said Mike Otworth, PureCycle chairman and CEO. “Our operations will leverage southern Ohio’s skilled workforce while providing the latest in smart technology to support global demand for PureCycle’s Ultra-Pure Recycled Polypropylene.”
According to company officials, PureCycle will revitalize three buildings comprising 185,000 square feet located on 23 acres in Ironton. The facility will serve as the company’s operational center in North America and will create more than 50 full-time, high-paying jobs.