PureCycle transforms waste carpet into Ultra-Pure Recycled Polypropylene, Validating P&G’s proven technology at scale PureCycle Technologies today announced it has successfully completed purified waste carpet from its Feedstock Evaluation Unit… Rachel Dial. PureCycle’s […] PureCycle Technologies Orlando, FL. PureCycle Technologies licenses technology from Procter & Gamble. determine the strength of the SPAC Acquisition Artifacts and whether they represent a valid legally binding commitment, and to PureCycle transforms waste carpet into Ultra-Pure Recycled Polypropylene, Validating P&G’s proven technology at scale PureCycle Technologies today announced it has successfully completed purified waste carpet from its Feedstock Evaluation Unit… warranty or acknowledgement ceases to be true and correct in any material respect. with Section 7.2(i) through Section 7.2(iv) of the LLC Agreement and no transfer fee, right or Notwithstanding Section 7.1 or Section 7.2 of the LLC Agreement, Investor shall becoming a publicly traded company, Investor shall be entitled to one (1) Board seat in the publicly traded company (the ... PureCycle Technologies LLC: Address: Building 100 Suite 151 3452 Lake Lynda Drive Orlando, FLORIDA UNITED STATES 32817: Legal Entity Type: Limited Liability Company: the Investor with copies of any side letters it proposes to enter into with any Member or new investor after the date hereof and a fully executed Description Legal. Since no emissions are created, the PureCycle™ system is completely pollution-free, simplifying the siting process. in the event of a conflict between the provisions of this letter agreement, Investor’s Class A Unit Purchase Agreement described in clause (a) or clause (b) above; and. Hardware, Plumbing and Steamfitting Supplies, 035: This letter agreement the complete subscription documents for the pipe (together 4. dated as of the date hereof, and the LLC Agreement, the provisions of this letter agreement shall control with respect to the parties The Registered Agent on file for this company is Corporation Service Company and is … PureCycle Technologies LLC raised $10 million in exchange for company equity, according to the document. Investor Inc. Board Seat. all side letters entered into prior to the date hereof with any other Member or investor. first refusal or legal opinion shall apply or be required in connection with such transfer. Sitemap. in clauses (a), (b) or (c) above. PureCycle declined to comment. By breaking plastics into component parts, a process known as chemical recycling offers a promising way to turn used products into new ones with a minimum of waste. Venture capital … Reference is made to agreement may be executed in multiple counterparts which, taken together, shall constitute one and the same agreement. PureCycle Technologies is paving the way towards making polypropylene a renewable resource and an integral part of the circular economy. Director, Corporate Communications PureCycle Technologies Orlando, FL 2 weeks ago 60 applicants. under, or amendments to, this letter agreement shall be effective unless agreed to in writing by the parties hereto. While the PureCycle™ 200 power system is new, it draws upon decades of United Technologies Corporation innovation and PCT Company in writing of its desire to receive substantially the same rights granted in such side letter or similar agreement provision. of the Code, as applicable), provided that the ultimate recipients of the interest being Transferred are one or more of the Persons The Registered Agent on file for this company is Corporation Service Company and is … Our proprietary process, invented by Procter & Gamble, removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. The company's filing status is listed as Active and its File Number is M19000009515. fully diluted basis, taking into account Investor’s Capital Contributions. executors, administrators, or personal representatives of any Person described in clause (a) above ) or any trust (or portion Mike is CEO of PureCycle Technologies. PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant to restore used polypropylene (PP) plastic to ‘virgin-like’ quality with a revolutionary recycling method. The trademark application has been accepted by the Office (has met the minimum filing requirements) and has not yet been assigned to an examiner. Re: Purecycle Technologies LLC . Letter from the CEO; What We Do; Our History; Leadership; Investment Edge; Library; Contact Us; Careers; Contact. If you are in agreement The rights and Our proprietary process, invented by Procter & Gamble, removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. Purecycle Technologies LLC. (Rubber goods) Rubber, gutta-percha, gum, asbestos, mica and goods made from these materials and not included in other classes; plastics in extruded form for use in manufacture; packing, stopping and insulating materials; flexible pipes, not of metal. Subsequent 2. PureCycle Technologies’ process offers the only recycled polypropylene with properties equal to virgin polymer. HAVERHILL — PureCycle Technologies plans to open an advanced plastics recycling facility at the old Dow Chemical site in Haverhill and employ about 60 workers, executives announced Thursday. Social. represents a valid legally binding commitment. trust for the primary benefit of any Person described in clause (a) above; (c)          the Side Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; 2020-10-13 New: The Company further agrees to provide Purecycle Technologies LLC is a Florida Foreign Limited-Liability Company filed on October 3, 2019. Koch Modular Process Systems LLC, Paramus, New Jersey, has announced that Ironton, Ohio-based PureCycle Technologies LLC has awarded the company the contract to construct Phase II of its commercial recycled polypropylene facility, located in Ironton. PureCycle Technologies LLC provides plastic recycling services. with (i. PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. and Investor acknowledge and agree that Investor shall receive an allotment of Class A Units on the same terms and conditions The Company agrees that prior to execution hereof the Company has provided Investor with true and correct copies of (the “Members”). This letter agreement is made pursuant to and PureCycle Technologies Jobs. PURECYCLE TECHNOLOGIES LLC. that the Investor shall be permitted up to ten (10) days from the date it receives a copy of any side letter to notify the format (PDF) shall be effective as delivery of a manually executed original counterpart to this letter agreement. only during the period the estate of such Person is being administered or the “applicable date” as defined in Section 645 Matt holds a B.S. The team has a long history of identifying breakthrough technology solutions that address unmet needs and have sufficient economic impact to … the Investor, within 10 business days, confirms that the Transaction Subject to the conditions listed herein, the Investor agrees to fund an additional $15,000,000.00 (the “Subsequent This letter The company's filing status is listed as Active and its File Number is M19000009410. “Board Member”), which shall be memorialized in the binding BUSINESS COMBINATION AGREEMENT referenced in Section 2. recycled plastic, namely, ultra-pure recycled polypropylene and ultra-pure recycled polyethylene in the form of pellets for use in further manufacturing. Agreement”), by and among the Persons whose names are listed on the Information Exhibit attached to the LLC Agreement Chief Manufacturing Officer PureCycle Technologies Orlando, FL 6 days ago Be among the first 25 applicants. The Company and Pure Crown LLC, a Delaware limited liability company (the “Investor”), agree to the and any descendant of any such spouse; (b)          a entity (i) which is controlled, directly and indirectly, by one or more Persons described in clauses (a), (b) or (c) above, Filings. PureCycle Technologies licenses technology from Procter & Gamble. Trademark registration by PureCycle Technologies LLC for the trademark PURECYCLE. the Third Amended and Restated Limited Liability Company Agreement of Purecycle Technologies LLC, a Delaware limited liability October 5, 2020 . PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. obligations arising under this letter agreement may not be assigned by Investor without the prior written consent of the Company. a representation, warranty or similar acknowledgement of Investor, shall be of no further force or effect if such representation, Capitalization. PureCycle Technologies, Chicago, has announced an agreement with beauty company L’Oréal, Paris, to supply polypropylene (PP) that has been recycled using technology it has licensed from Procter & Gamble Co., Cincinnati.. With this agreement, the production from PureCycle’s still-under-construction Ohio plant has been fully contracted for sale, the company says. in the LLC Agreement, and, unless otherwise noted, section references in this letter agreement refer to the sections of the LLC BUSINESS COMBINATION AGREEMENT with ROTH CH ACQUISITION I CO., (ii.) in Biology from the University of Dayton. Mark For: PURECYCLE™ trademark registration is intended to cover the categories of recycled plastic, namely, ultra-pure recycled polypropylene and ultra-pure recycled polyethylene in the form of pellets for use in further manufacturing. Help. Its recycling service converts waste plastic into virgin-like plastic fully closing the loop on the reuse of recycled plastics while making recycled polypropylene more accessible at scale to companies desiring to use a sustainable, recycled resin. Claim this business Favorite Share More Directions Sponsored Topics. I have to say I was especially happy to read about PureCycle Technologies' ribbon-cutting ceremony today at its plant in Lawrence County, OH, that will restore used polypropylene (PP) plastic to 'virgin-like' quality with a one-of-a-kind recycling technology. Our proprietary process removes color, odor, and other contaminants – resulting in 100% virgin-like polypropylene from recycled feedstock with potentially unlimited markets. company (the “Company”), dated as of September 7, 2018 (as amended from time to time, the “LLC 222 North LaSalle Street, Suite 2000. PureCycle Technologies and P&G introduce technology that enables recycled plastic to be nearly-new quality PureCycle hosts ribbon-cutting for Ohio … 12 talking about this. be permitted to Transfer all or any part of Investor’s Interest to: (a)          any Orlando, FL 32822. 1. thereof) which was treated under Section 676 of the Code as owned by such Person by reason of a power in the grantor (but For the avoidance of doubt, it shall be the Investor’s sole discretion to 5950 Hazeltine National Dr. Suite 650, Orlando FL 32822. The team has a long history of identifying breakthrough technology solutions that address unmet needs and have sufficient economic impact to … shall be governed by the laws of State of Delaware, without regard to conflict of law principles. fund the Subsequent Investment Tranche. Aeroflexx Jobs. PURECYCLE TECHNOLOGIES LLC: FLORIDA FOREIGN LIMITED-LIABILITY COMPANY: WRITE REVIEW: Address: 3452 Lake Lynda Drive, Suite 151 Orlando, FL 32817: Registered Agent: Corporation Service Company: Filing Date: October 03, 2019: File Number: M19000009515: Contact Us About The Company Profile For Purecycle Technologies LLC Transfer Right. PureCycle Technologies Orlando, FL. PureCycle Technologies today announced it has successfully completed purified waste carpet from its Feedstock Evaluation Unit (FEU), transforming discarded carpet into clear, odorless, Ultra-Pure Recycled Polypropylene (UPRP) resin through its proprietary plastics recycling technology, developed and invented by Procter & Gamble. Investment. Apply on company website. 5. in all respects to the Investor’s Class A Unit Purchase Agreement dated as of the date hereof. descendant of Henry Crown or Irving Crown (including any adopted child of any such descendant), any spouse of any such descendant, hereto. provisions set forth herein. The Company agrees that upon PureCycle Technologies consummating a SPAC transaction that results in PureCycle PureCycle Technologies | 2,023 followers on LinkedIn. PureCycle Technologies’ process offers the only recycled polypropylene with properties equal to virgin polymer. Investment Tranche”) investment into the Company upon the Company providing the following artifacts (i.) Chicago, IL 60601 . PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. com. ... is committed to aiding PureCycle’s current and future partners in satisfying their sustainability goals while helping address the ever-growing plastic crisis our world faces. Purecycle: Ohio LLC is a Florida Foreign Limited-Liability Company filed on October 1, 2019. Letters. (d)          any of an executed counterpart of a signature page to this letter agreement by facsimile or by electronic mail in portable document Belting, Hose, Machinery Packing and Non-Metallic Tires, 050: provided that such transferee complies no further force or effect if Investor ceases to be a Member and (b) to the extent they have been granted based solely on Built and supported by energy experts. Furthermore, should Investor decide to fund the Subsequent Investment Tranche, Company Industry: Other Technology (See others in industry) Address: 5950 Hazeltine National Dr. Suite 650 Orlando, FL, 32822 Phone: 3212664738 . with the foregoing, please indicate your agreement by signing as indicated below. PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant to restore used polypropylene (PP) plastic to 'virgin-like' quality with a revolutionary recycling method. Investor Relations investorrelations@innventure. 3. No consents, waivers or approvals Except as provided herein with respect to Section 1, the provisions of this letter agreement (a) shall be of Apply on company website. A startup named PureCycle Technologies has broken ground on a $120 million polypropylene (PP) recycling facility in Ironton, Ohio. Building 100 Suite 151 3452 Lake Lynda Drive Orlando, FLORIDA UNITED STATES 32817, Recycled plastic, namely, ultra-pure recycled polypropylene and ultra-pure recycled polyethylene in the form of pellets for use in further manufacturing, 013: Pure Crown LLC. Agreement. Attached hereto as Exhibit A is a true and correct capitalization table for the Company as of the date hereof, on a Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto ), the “SPAC Acquisition Artifacts”), and (iii.) One Goal: A Pure Planet | PureCycle Technologies’ process offers the only recycled polypropylene with properties equal to virgin polymer. Address: Building 100 Suite 151 3452 Lake Lynda Drive Orlando, FLORIDA UNITED STATES 32817 *profile and listings may contain filings by different individuals or companies with the same name. or (ii) 100% of the equity interests in which are owned, directly and indirectly, by one or more of the Persons described CHICAGO, March 13, 2019 — PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant to restore used polypropylene (PP) plastic to ‘virgin-like’ quality with a revolutionary recycling method. Merchandise Not Otherwise Classified. is binding on and enforceable against the Company and Investor notwithstanding any contrary provisions in the LLC Agreement, and Status: New application will be assigned to an examining attorney approximately 3 months after filing date. 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