Luke Persons's questions to Purecycle Technologies Inc (PCT) leadership • Q2 2025
Question
Luke Persons, on for Eric Stine, asked about the company's approach to customer diversification at Ironton and the challenges anticipated in scaling up to a 300M+ pound Gen 2 facility.
Answer
CEO Dustin Olson explained that customers moving fastest are securing 2026 capacity, but the company is pursuing high-margin opportunities across all segments, including automotive and FDA applications. Regarding scaling, Olson expressed high confidence, noting that the company's position is fundamentally different from when Ironton was built. He cited extensive operational data and deep R&D from the Durham facility as key enablers for scaling the technology effectively and cost-efficiently.