PureCycle Belgium BV

PureCycle Belgium BV is a Belgian private limited company (besloten vennootschap) incorporated in February 2023. It functions as the local Belgian subsidiary and project beneficiary of PureCycle Technologies, Inc., a U.S.-headquartered publicly traded company (NASDAQ: PCT) that develops and commercializes advanced plastics recycling technologies.

The entity supports the ownership, permitting, development, and future operations of PureCycle’s first European polypropylene recycling facility. This new-build plant, known as Project ASTRA PP, is located in the NextGen District circular-economy hub at the Port of Antwerp-Bruges in Belgium. It employs the company’s proprietary solvent-based dissolution purification process, originally developed and patented by Procter & Gamble, to convert post-consumer polypropylene waste streams into high-purity ultra-pure recycled PP resin marketed as PureFive®.

PureCycle Belgium BV operates in Belgium and collaborates with European partners, including Landbell Group for feedstock supply from household collections. The associated project targets an initial annual capacity of 59,000 tonnes of recycled PP resin, with potential for expansion, and is expected to deliver substantial greenhouse gas emissions reductions relative to virgin PP production while creating local employment.

As a wholly owned subsidiary within the PureCycle group, it advances the parent company’s European market entry and contributes to the broader industry shift toward circular economy solutions for plastics under EU regulatory frameworks such as the Packaging and Packaging Waste Regulation.