Cleveland Browns Achieve True Circularity with PureFive™ Resin in Souvenir Cups
ORLANDO, Fla., Aug. 19, 2025 (GLOBE NEWSWIRE) -- PureCycle Technologies, Inc. (Nasdaq: PCT) announced today the Cleveland Browns, a professional American football team, will use 100% PureFive™ resin in their 2025 line of player souvenir cups. As PureZero™ partners, the Cleveland Browns and PureCycle have worked together to improve recycling at Huntington Bank Field by delivering polypropylene plastic waste generated at games to PureCycle’s Ironton, Ohio recycling facility. Now the companies are taking it one step further by introducing these sustainable souvenir cups for a true plastics-to-plastics circular solution.
Michele Powell, Cleveland Browns Vice President of Stadium Operations & Event Development said, “This season’s introduction of fully circular player souvenir cups is the latest exciting development from our ongoing sustainability efforts. We’ve worked together with PureCycle for several years to educate fans about recycling at Browns home games and now we’re proud to offer them a sustainable souvenir cup made from recycled PureCycle resin.”
PureCycle CEO Dustin Olson added, “Since the first days of the pilot plant operations, the Browns have been a strong partner by supplying souvenir cups for recycling into high quality PureFive™ resin. It’s been gratifying to watch the relationship grow along with our Company, and to now have our recycled resin landing in the hands of Browns fans this season is a great moment for both organizations. We hope that the Browns’ introduction of recycled content in their concession items will help blaze a trail for more organizations across the sports world who are looking to up their sustainability game.”
The Browns are the first professional sports team to introduce the Run It Back line of cups from Churchill Container. The Run It Back line of cups and containers were introduced by Churchill earlier this year and contain up to 100% PureFive™ resin.
Churchill Container Product Director Erik Johnson said, “The biggest challenge when creating sustainable polypropylene products like the Cleveland Browns’ player souvenir cups is finding a resin that is 100% post-consumer recycled polypropylene and can meet food safety, appearance, odor and processing requirements. Thanks to PureCycle’s dissolution recycling technology, their PureFive™ resin looks and performs similarly to traditional virgin polypropylene resins.”
The cups will be available for purchase at the Browns first preseason home game on August 23.
About PureCycle Technologies
PureCycle Technologies LLC., a subsidiary of PureCycle Technologies, Inc., holds a global license for the only patented dissolution recycling technology, developed by The Procter & Gamble Company (P&G), that is designed to transform polypropylene plastic waste (designated as #5 plastic) into a continuously renewable resource. The unique purification process removes color, odor, and other impurities from #5 plastic waste resulting in our PureFive™ resin that can be recycled and reused multiple times, changing our relationship with plastic. www.purecycle.com
Forward-Looking Statements
This press release contains forward-looking statements, including statements about the continued execution of PureCycle’s business plan, the expected results of tests and trials, the expected timing of commercial sales, and planned future updates. 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. Forward-looking statements generally relate to future events or PureCycle’s future financial or operating performance and may refer to projections and forecasts. Forward-looking statements are often identified by future or conditional words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions (or the negative versions of such words or expressions), but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of PureCycle’s management and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of this press release. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in the section entitled “Risk Factors” in each of PureCycle’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and PureCycle’s Quarterly Reports on Form 10-Q for various quarterly periods, those discussed and identified in other public filings made with the Securities and Exchange Commission by PureCycle and the following: PCT's ability to obtain funding for its operations and future growth and to continue as a going concern; PCT's ability to meet, and to continue to meet, applicable regulatory requirements for the use of PCT’s PureFive™ resin in food grade applications (including in the United States, Europe, Asia and other future international locations); PCT's ability to comply on an ongoing basis with the numerous regulatory requirements applicable to the PureFive™ resin and PCT’s facilities (including in the United States, Europe, Asia and other future international locations); expectations and changes regarding PCT’s strategies and future financial performance, including its future business plans, expansion plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and PCT’s ability to invest in growth initiatives, which could be impacted by significant changes to tariffs on foreign imports; the ability of PCT’s first commercial-scale recycling facility in Lawrence County, Ohio, the Ironton Facility, to be appropriately certified by Leidos, following certain performance and other tests, and commence full-scale commercial operations in a timely and cost-effective manner, or at all; PCT’s ability to meet, and to continue to meet, the requirements imposed upon it and its subsidiaries by the funding for its operations, including the funding for the Ironton Facility; PCT’s ability to minimize or eliminate the many hazards and operational risks at its manufacturing facilities that can result in potential injury to individuals, disrupt its business (including interruptions or disruptions in operations at its facilities), and subject PCT to liability and increased costs; PCT’s ability to complete the necessary funding with respect to, and complete the construction of its new polypropylene recycling facility in Thailand, its first commercial-scale European plant located in Antwerp, Belgium, and the multi-line purification facility to be built in Augusta, Georgia in a timely and cost-effective manner; PCT's ability to execute its growth plan to bring an additional one billion pounds of installed polypropylene recycling capability online before 2030, including its ability to meet related construction, regulatory, and financing requirements; PCT’s ability to procure, sort and process polypropylene plastic waste at its planned plastic waste prep facilities; PCT’s ability to maintain exclusivity under The Procter & Gamble Company license; the implementation, market acceptance and success of PCT’s business model and growth strategy; the success or profitability of PCT’s offtake arrangements; the potential impact of economic, business, and/or competitive factors, including interest rates, availability of capital, economic cycles, and other macro-economic impacts (such as tariffs); changes in the prices and availability of materials (such as steel and other materials needed for the construction of future PreP and purification facilities), including those changes caused by inflation, tariffs and supply chain conditions, such as increased transportation costs, and our ability to obtain such materials in a timely and cost-effective manner; the ability to source feedstock with a high polypropylene content at a reasonable cost; PCT’s future capital requirements and sources and uses of cash; developments and projections relating to PCT’s competitors and industry; the outcome of any legal or regulatory proceedings to which PCT is, or may become, a party including the securities class action and putative class action cases; geopolitical risk and changes in applicable laws or regulations; the possibility that PCT may be adversely affected by other economic, business, and/or competitive factors, including interest rates, availability of capital, economic cycles, and other macro-economic impacts; turnover in employees and increases in employee-related costs; changes in the prices and availability of labor (including labor shortages); any business disruptions due to political or economic instability, pandemics, armed hostilities (including the ongoing conflict between Russia and Ukraine and the conflict in the Middle East); the potential impact of climate change on PCT, including physical and transition risks, higher regulatory and compliance costs, reputational risks, and availability of capital on attractive terms; and operational risk.
PCT undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.
Should one or more of these risks or uncertainties materialize or should any of the assumptions made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You should not rely upon forward-looking statements as predictions of future events.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d437add7-12d1-4591-b4ce-23170c9583a2
PureCycle Contact Christian Bruey cbruey@purecycle.com Investor Relations Contact Eric DeNatale edenatale@purecycle.com
Cleveland Browns Souvenir Cup Made with PureFive™ Resin
Cleveland Browns fans will be able to drink from this sustainable souvenir cup made with 100% PureFive™ resin during the 2025 season.
Released August 19, 2025
