UPR

IMPAC: International coalition of 53 NGOs praises the leadership of Sheikh Mohammed bin Zayed in promoting and protecting human rights in the UAE.

Retrieved on: 
Wednesday, May 3, 2023

The coalition also organized an international symposium in Geneva, parallel to the 52nd session of the Human Rights Council, which discussed the existing and future challenges for human rights in the UAE.

Key Points: 
  • The coalition also organized an international symposium in Geneva, parallel to the 52nd session of the Human Rights Council, which discussed the existing and future challenges for human rights in the UAE.
  • A symposium organized by a coalition of human rights organizations discussed the recent progress made in human rights in the UAE.
  • The symposium was attended by experts in the field of human rights and representatives from various countries.
  • The final statement paid tribute to the global impact of the President of the UAE, Sheikh Mohamed bin Zayed, in furthering peace, promoting tolerance and human coexistence, developing greater capacity for human fraternity.

PURECYCLE RECEIVES CERTIFICATION CONFIRMING MECHANICAL COMPLETION

Retrieved on: 
Monday, May 1, 2023

IRONTON, Ohio, May 1, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), today, announced its first polypropylene purification plan in Ironton, Ohio received formal certification of mechanical completion from the site's independent construction monitor.

Key Points: 
  • IRONTON, Ohio, May 1, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), today, announced its first polypropylene purification plan in Ironton, Ohio received formal certification of mechanical completion from the site's independent construction monitor.
  • The formal certification came three days after PureCycle submitted its documentation to the engineering company.
  • The certification is required to achieve the first key milestone in connection with PureCycle's Ironton financings.
  • With this certification, our Ironton team closes the first milestone and can fully focus on the production of our UPR pellets."

PURECYCLE'S FLAGSHIP POLYPROPYLENE PURIFICATION PLANT REACHES MECHANICAL COMPLETION

Retrieved on: 
Tuesday, April 25, 2023

IRONTON, Ohio, April 25, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), today, announced it has reached mechanical completion of its first polypropylene ("PP") purification plant in Ironton, OH (the "Ironton Facility"), and submitted documentation to Leidos Engineering, LLC ("Leidos"), the site's independent construction monitor, for formal certification of completion.

Key Points: 
  • IRONTON, Ohio, April 25, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), today, announced it has reached mechanical completion of its first polypropylene ("PP") purification plant in Ironton, OH (the "Ironton Facility"), and submitted documentation to Leidos Engineering, LLC ("Leidos"), the site's independent construction monitor, for formal certification of completion.
  • PureCycle uses an innovative technology to remove nearly all contaminants, colors, and odors from polypropylene plastic waste.
  • "2023 will continue to be an exciting year for PureCycle as we kick off operations at our flagship facility in Ironton.
  • In addition to the sustainability benefits, PureCycle's first purification plant will provide the Ironton community with an influx of new jobs.

Myricx Pharma Presents Positive Pre-clinical PoC Data at AACR for its N-Myristoyltransferase inhibitor (NMTi) ADC Programme Alongside New Biology on Novel MoA for NMTi

Retrieved on: 
Monday, April 17, 2023

NMT inhibitors (NMTi) have previously been shown to inhibit viability and growth of haematological cancers.

Key Points: 
  • NMT inhibitors (NMTi) have previously been shown to inhibit viability and growth of haematological cancers.
  • Myricx has also developed a transcriptional signature which predicts cancer cell sensitivity to NMTi with high confidence.
  • Myricx’s advanced chemistry offers the potential for the development of NMTi as a novel payload on a wide range of existing linker and antibody ADC technologies.
  • Myricx’s most advanced ADC, MYX2449, is a selective and ultrapotent NMTi conjugated via a cleavable linker to trastuzumab (HER2+ mAb).

Bold Therapeutics to Present Best-in-Class Phase 2 Metastatic Colorectal Cancer Data at AACR 2023

Retrieved on: 
Thursday, April 13, 2023

VANCOUVER, B.C., April 13, 2023 /PRNewswire/ -- Bold Therapeutics, a clinical-stage biopharmaceutical company developing first-in-class oncology therapeutics, announced that it will present two posters – a clinical poster (#CT149) and a translational research poster (#2259) – at the American Association for Cancer Research (AACR) Annual Meeting 2023 on April 14 - 19, 2023 in Orlando, Florida.

Key Points: 
  • VANCOUVER, B.C., April 13, 2023 /PRNewswire/ -- Bold Therapeutics, a clinical-stage biopharmaceutical company developing first-in-class oncology therapeutics, announced that it will present two posters – a clinical poster (#CT149) and a translational research poster (#2259) – at the American Association for Cancer Research (AACR) Annual Meeting 2023 on April 14 - 19, 2023 in Orlando, Florida.
  • "This robustly positive interim clinical data is a testament to the hard work and dedication of our team, our collaborators, clinical sites, investigators and patients.
  • Previous Phase 1b trial results, presented at ASCO 2022, demonstrated that BOLD-100 in combination with FOLFOX was generally safe and well-tolerated.
  • Additional Phase 2 safety and efficacy results in advanced gastric and bile duct cancer have been accepted for presentation at ASCO 2023 in June.

PURECYCLE, MITSUI SIGN HEADS OF AGREEMENT

Retrieved on: 
Friday, March 17, 2023

ORLANDO, Fla., March 17, 2023 /PRNewswire/ -- PureCycle Technologies (NASDAQ: PCT) and Mitsui & Co. Ltd. (Mitsui) announced a signed heads of agreement (HOA) to develop and operate a polypropylene (PP) recycling plant in Japan. Mitsui is a global trading and investment company with a diversified business portfolio based in Tokyo. In September of 2021, the two sides announced a signed memorandum of understanding.

Key Points: 
  • ORLANDO, Fla., March 17, 2023 /PRNewswire/ -- PureCycle Technologies (NASDAQ: PCT) and Mitsui & Co. Ltd. (Mitsui) announced a signed heads of agreement (HOA) to develop and operate a polypropylene (PP) recycling plant in Japan.
  • Mitsui is a global trading and investment company with a diversified business portfolio based in Tokyo.
  • PureCycle CEO Dustin Olson said, "We need strong global partners like Mitsui to solve the global plastic waste crisis.
  • Chief Operating Officer of the Performance Materials Business Unit at Mitsui Hiroshi Kakiuchi commented, "Mitsui has identified 'sustainability management and the evolution of ESG' as key areas of its Corporate Strategy.

PURECYCLE, FORMERRA ANNOUNCE STRATEGIC DISTRIBUTION PARTNERSHIP

Retrieved on: 
Thursday, March 16, 2023

ORLANDO, Fla., March 16, 2023 /PRNewswire/ -- PureCycle Technologies (NASDAQ: PCT) today announced a new partnership with Formerra, a leading engineered materials distributor. Formerra will serve as the primary authorized North American distributor of PureCycle's ultra-pure recycled (UPR) polypropylene resin, PureFive™.

Key Points: 
  • ORLANDO, Fla., March 16, 2023 /PRNewswire/ -- PureCycle Technologies (NASDAQ: PCT) today announced a new partnership with Formerra , a leading engineered materials distributor.
  • Formerra will serve as the primary authorized North American distributor of PureCycle's ultra-pure recycled (UPR) polypropylene resin, PureFive™.
  • We will rely on Formerra as a trusted distribution partner to help us reach new markets."
  • PureCycle's resin is expected to be available to Formerra customers as early as Q4 of this year.

PureCycle Technologies Provides Fourth Quarter 2022 Update

Retrieved on: 
Wednesday, March 15, 2023

ORLANDO, Fla., March 15, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. ("PureCycle" or "the Company") (NASDAQ: PCT), a U.S.-based company revolutionizing plastic recycling, today announced a corporate update and financial results for the fourth quarter ending December 31, 2022.

Key Points: 
  • ORLANDO, Fla., March 15, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. ("PureCycle" or "the Company") (NASDAQ: PCT), a U.S.-based company revolutionizing plastic recycling, today announced a corporate update and financial results for the fourth quarter ending December 31, 2022.
  • While our focus was primarily on Ironton during the fourth quarter and year-to-date, PureCycle continued its momentum on pursuing its growth strategy.
  • PureCycle had $249.6 million in debt and accrued interest, less $16.1 million of discount and issuance costs as of December 31, 2022.
  • ET to provide an update on recent corporate developments, including activity from the fourth quarter and updated future strategic plans.

PURECYCLE, PORT OF ANTWERP-BRUGES ANNOUNCE NEXTGEN DISTRICT AS LOCATION FOR PURECYCLE'S FIRST PLASTIC RECYCLING PLANT IN EUROPE

Retrieved on: 
Tuesday, January 17, 2023

ORLANDO, Fla., Jan. 17, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (NASDAQ: PCT) and the Port of Antwerp-Bruges today announced that PureCycle intends to build its first polypropylene (PP) recycling facility in Europe in the port's fast-growing NextGen District located in Belgium. The new plant is expected to have an annual capacity of 59,000 metric tons (130 million pounds), with opportunities to expand operations in the future since the 14-hectare plot can support up to four processing lines with an anticipated total capacity of approximately 240,000 metric tons (500 million pounds) per year (in total for all four processing lines). PureCycle is currently engaged in feedstock sourcing and financial planning with the intent to secure a final project timeline by mid-2023. Construction of the plant is expected to begin upon completion of the permitting process, which is currently anticipated in 2024.  

Key Points: 
  • Construction of the plant is expected to begin upon completion of the permitting process, which is currently anticipated in 2024.
  • NextGen District is a global hub for businesses seeking to advance the circular economy.
  • The district is located at the Port of Antwerp-Bruges, Europe's second largest seaport.
  • Minister-President of Flanders, Jan Jambon, remarked, "PureCycle selected Flanders as the preferred location within the EU for the construction of its first European recycling plant.

KraussMaffei Delivers Final Extruder for PureCycle's Flagship Purification Plant Ahead of Schedule

Retrieved on: 
Tuesday, December 20, 2022

ORLANDO, Fla., Dec. 19, 2022 /PRNewswire/ -- PureCycle Technologies' (NASDAQ: PCT) Munich-based partner KraussMaffei, a world leading manufacturer of plastics and rubber processing machines, today, delivered the final piece of major equipment needed for PureCycle's Ironton, Ohio purification plant, overcoming delays caused by supply-chain challenges. The delivery of the final extruder comes sooner than anticipated and will enable PureCycle to stay on track to finish construction and begin pellet production by Q1 of 2023.

Key Points: 
  • The unique purification process removes color, odor, and other impurities from No.
  • 5 plastic waste resulting in an ultra-pure recycled (UPR) plastic that can be recycled and reused multiple times, changing our relationship with plastic.
  • www.purecycle.com
    This press release contains forward-looking statements, including statements about the financial condition, results of operations, earnings outlook and prospects of PureCycle.
  • In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.