Latest news with #PureCycle
Fibre2Fashion
29-04-2025
- Business
- Fibre2Fashion
PureCycle advances BOPP film trials with recycled resin in Germany
PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced progress on the use of PureFive resin in industrial biaxially oriented polypropylene (BOPP) film trials. The latest trials were conducted by Brückner Maschinenbau GmbH, the world's leading supplier of production lines for manufacturing a wide range of stretched films, based in Siegsdorf, Germany. PureCycle Technologies announced successful BOPP film trials using 15â€'50 per cent PureFive resin at Brí¼ckner's facility in Germany. The recycled resin performed comparably to virgin polypropylene, showing promise for flexible packaging. CEO Dustin Olson said the results support PureCycle's goal of offering a single-pellet, drop-in solution for sustainable BOPP film production. The positive Brückner trials were conducted with blends ranging from 15% to 50% PureFive resin from PureCycle's commercial facility in Ironton, Ohio. The film was successfully extruded at Brückner's German facility and performed similarly to virgin polypropylene (PP) on multiple tests. Initial stretch tests appear promising, with additional stretch testing scheduled for later this month. PureCycle CEO Dustin Olson said, "Flexible packaging is one of the largest segments for polypropylene, and there is not a traditionally recycled material that can consistently meet the high purity demands required to make film. The early results are encouraging from the trials with Brückner, and it gives me confidence we can meet the stringent processing requirements." Olson added, "Brückner is known as a trusted BOPP equipment manufacturer and resource for BOPP film producers, so it was critical for us to have these trials handled by their experts in Germany. We look forward to additional trials later this month." BOPP film has a wide range of end-use applications, including food packaging for snacks, candy and baked goods. It is also used for labeling and adhesive tape. BOPP film is popular in these applications due to its features of transparency and moisture/chemical resistance. Olson continued, "To help expand our portfolio of products, PureCycle is committed to providing a single-pellet solution for BOPP film that can serve as a drop-in replacement for existing virgin film production." Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
Yahoo
29-04-2025
- Business
- Yahoo
3 Growth Stocks Down as Much as 34% to Buy Right Now
It's not just showers that April brought recently. It was volatility -- and a lot of it. But, as experienced investors fully know, volatility doesn't last forever. As unsettling as it may be in the short term, turmoil in the markets will ebb, and the market will again bend toward growth. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » With this in mind, investors have the opportunity to load up on compelling growth stocks that have still failed to fully recover from the market sell-off. Archer Aviation (NYSE: ACHR), PureCycle Technologies (NASDAQ: PCT), and the VanEck Semiconductor ETF (NASDAQ: SMH) all represent great buying opportunities despite their year-to-date declines (as of this writing) of 11.9%, 12.5%, and 34.2%, respectively. There's no denying that it's been a choppy flight for Archer Aviation stock through the first five months of 2025. The critical thing to appreciate, however, is that the company has consistently notched achievement after achievement since the start of the year, so it's inaccurate to attribute the stock's poor performance to stumbles that the maker of electric vertical take-off and landing (eVTOL) aircraft has suffered. Most recently, Archer announced progress with the development of infrastructure in Abu Dhabi, where the company -- in what is its debut of commercial operations -- plans to offer air taxi service later this year. In late March, Archer revealed that it had inked an agreement with Ethiopian Airlines. Valued up to $30 million, the deal will have Archer provide Ethiopian Airlines with a fleet of eVTOL aircraft as well as pilots and other personnel to support Ethiopian Airlines's air taxi operations. With Archer making steady progress toward receiving the requisite certifications from the Federal Aviation Administration, investors have a great opportunity to hitch a ride with this innovative aviation stock that's poised to disrupt urban air transport. Looking for a growth stock that has suffered a sell-off and is an investment that you can feel good about making? PureCycle Technologies, a leader in plastic recycling, may be the stock for you. Like with Archer, the recent decline in PureCycle stock doesn't reflect any missteps the company has suffered, but rather the general bearish sentiment that has pervaded the market. In fact, PureCycle has logged some important achievements in the past few months as it has started generating revenue. For one, PureCycle began 2025 on an auspicious note, announcing the sale of 500,000 pounds of resin -- produced from post-consumer feedstock -- to Drake Extrusion, which plans on using the resin to produce continuous filament yarn for applications such as outdoor upholstery. The deal is notable in that it validates PureCycle's technology and its ability to produce resin at scale. The company has also made notable progress at its Ironton recycling facility, where it has ramped up operations to 88% of nameplate capacity for the processing of feedstock. PureCycle estimates the Ironton facility has an annual production capacity of 107 million pounds of resin. With President Donald Trump's announcement regarding the imposition of tariffs on a variety of nations, investors have largely shied away from semiconductor stocks recently. Those with long-term investing horizons, however, recognize that the sell-off in these stocks provides a great opportunity for gaining artificial intelligence (AI) exposure. At the same time, those uninterested in exposing themselves to excessive risk will find the VanEck Semiconductor ETF to be a smart choice. Nvidia and Taiwan Semiconductor Manufacturing are the two largest positions in the fund and have a combined weighting of about 30%. Fellow semiconductor leaders Broadcom, Qualcomm, and ASML round out the top five holdings, which combined represent a nearly 50% weighting -- sizable considering the VanEck Semiconductor ETF has 26 holdings in total. The ETF makes distributions annually, and while its 30-day SEC yield is only 0.65%, it more than the covers the 0.35% expense ratio. For those interested in high-risk, high-reward opportunities, Archer and PureCycle are the obvious choices right now -- both of which have been moving in the right directions during these early innings of their developments. On the other hand, those looking to pick up some AI exposure (in a more conservative way) would be wise to click the buy button on the VanEck Semiconductor ETF. Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $594,046!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $680,390!* Now, it's worth noting Stock Advisor's total average return is 872% — a market-crushing outperformance compared to 160% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 28, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Nvidia, Qualcomm, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy. 3 Growth Stocks Down as Much as 34% to Buy Right Now was originally published by The Motley Fool
Yahoo
24-04-2025
- Business
- Yahoo
PureCycle Provides Update on BOPP Film Trials
ORLANDO, FL / / April 24, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced progress on the use of PureFive™ resin in industrial biaxially oriented polypropylene (BOPP) film trials. The latest trials were conducted by Brückner Maschinenbau GmbH, the world's leading supplier of production lines for manufacturing a wide range of stretched films, based in Siegsdorf, Germany. The positive Brückner trials were conducted with blends ranging from 15% to 50% PureFive™ resin from PureCycle's commercial facility in Ironton, Ohio. The film was successfully extruded at Brückner's German facility and performed similarly to virgin polypropylene (PP) on multiple tests. Initial stretch tests appear promising, with additional stretch testing scheduled for later this month. PureCycle CEO Dustin Olson said, "Flexible packaging is one of the largest segments for polypropylene, and there is not a traditionally recycled material that can consistently meet the high purity demands required to make film. The early results are encouraging from the trials with Brückner, and it gives me confidence we can meet the stringent processing requirements." Olson added, "Brückner is known as a trusted BOPP equipment manufacturer and resource for BOPP film producers, so it was critical for us to have these trials handled by their experts in Germany. We look forward to additional trials later this month." BOPP film has a wide range of end-use applications, including food packaging for snacks, candy and baked goods. It is also used for labeling and adhesive tape. BOPP film is popular in these applications due to its features of transparency and moisture/chemical resistance. Olson continued, "To help expand our portfolio of products, PureCycle is committed to providing a single-pellet solution for BOPP film that can serve as a drop-in replacement for existing virgin film production." ### PureCycle Contact Christian Brueycbruey@ Investor Relations Contact Eric DeNataleedenatale@ 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. Forward-Looking Statements This press release contains forward-looking statements, including statements about the continued execution of PureCycle's business plan, 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 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 into the United States; 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, (i) its first U.S. multi-line facility, located in Augusta, Georgia, and (ii) its first commercial-scale European plant located in Antwerp, Belgium, in a timely and cost-effective manner; 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 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), transportation and materials, including inflation, supply chain conditions and its related impact on energy and raw materials, and PCT's ability to obtain them in a timely and cost-effective manner; 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. SOURCE: PureCycle Technologies View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
19-04-2025
- Business
- Yahoo
Do Pure Cycle's (NASDAQ:PCYO) Earnings Warrant Your Attention?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. In contrast to all that, many investors prefer to focus on companies like Pure Cycle (NASDAQ:PCYO), which has not only revenues, but also profits. Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share (EPS) outcomes. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. Recognition must be given to the that Pure Cycle has grown EPS by 40% per year, over the last three years. While that sort of growth rate isn't sustainable for long, it certainly catches the eye of prospective investors. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. The music to the ears of Pure Cycle shareholders is that EBIT margins have grown from 28% to 38% in the last 12 months and revenues are on an upwards trend as well. That's great to see, on both counts. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. See our latest analysis for Pure Cycle Since Pure Cycle is no giant, with a market capitalisation of US$240m, you should definitely check its cash and debt before getting too excited about its prospects. Prior to investment, it's always a good idea to check that the management team is paid reasonably. Pay levels around or below the median, can be a sign that shareholder interests are well considered. The median total compensation for CEOs of companies similar in size to Pure Cycle, with market caps between US$100m and US$400m, is around US$1.6m. The Pure Cycle CEO received US$1.2m in compensation for the year ending August 2024. That comes in below the average for similar sized companies and seems pretty reasonable. CEO remuneration levels are not the most important metric for investors, but when the pay is modest, that does support enhanced alignment between the CEO and the ordinary shareholders. Generally, arguments can be made that reasonable pay levels attest to good decision-making. Pure Cycle's earnings have taken off in quite an impressive fashion. With increasing profits, its seems likely the business has a rosy future; and it may have hit an inflection point. What's more, the fact that the CEO's compensation is quite reasonable is a sign that the company is conscious of excessive spending. So faced with these facts, it seems that researching this stock a little more may lead you to discover an investment opportunity that meets your quality standards. Even so, be aware that Pure Cycle is showing 1 warning sign in our investment analysis , you should know about... Although Pure Cycle certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Associated Press
31-03-2025
- Business
- Associated Press
PureCycle and Landbell Group Collaborate to Advance Polypropylene Plastic Recycling in Europe
ORLANDO, FL / ACCESS Newswire PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a collaboration with Landbell Group, a global operator of morethan 40 producer responsibility organizations (PROs) and a leading provider of closed-loop recycling solutions. The collaboration will help to prioritize and expand upcycling of polypropylene (PP) waste into high-purity, recycled PP that can be used in high-value and demanding applications across Europe. PureCycle Belgium will be using its innovative form of dissolution recycling and experience from PureCycle's flagship plant in Ironton, Ohio, USA, which is expected to have an annual capacity of 48,600 tonnes once fully operational. PureCycle transforms polypropylene plastic into a versatile, replenishable resource through a unique purification process, involving multiple steps. The result is a PP-recyclate that can serve as a drop-in replacement to virgin PP. PureCycle's PureFive™ recyclate can be recycled and reused multiple times and is already being used in commercial applications in the USA. In January 2024, PureCycle Belgium and Landbell Group began working toward enabling the advanced recycling of PP waste in Europe. As part of this collaboration, Landbell Group will use its expertise in the collection, sorting and processing of plastics in several European countries. Landbell will supply the PP waste from its household collections as feedstock for PureCycle's first European PP recycling plant in Antwerp, Belgium, with an expected annual capacity of 59,000 tonnes once constructed and operating. PureCycle's VP of European and Asia Pacific Operations Wiebe Schipper said 'Our collaboration with Landbell Group represents a significant step to advance plastic circularity in Europe. We're proud to collaborate with another sustainably minded company that is committed to reducing plastic waste and creating a circular economy for plastics.' Schipper added, 'PureCycle is looking forward to collaborating with the Landbell Group as we work to make dissolution recycling more widely available throughout the region.' Through this partnership with PureCycle, Landbell Group will ensure that the thermoplastic polymer which is widely used in the packaging industry, from food and beverage packaging to industrial and consumer goods packaging, is redirected towards high quality recycling. In this way, Landbell Group strengthens its commitment to the development of innovative recycling solutions to enable a circular economy. Uwe Echteler, COO of Landbell Group said, 'By combining the innovative and robust approaches of PureCycle Technologies and Landbell Group in Europe, we will drive higher recycling rates and high-quality recycled PP, empowering producers to close the loop and to fulfill their new obligations from the PPWR.' PureCycle Technologies LLC., a subsidiary of PureCycle Technologies, Inc., holds a global license for the only patented solvent-driven purification recycling technology, developed by The Procter & Gamble Company (P&G), that is designed to transform polypropylene plastic waste (designated as No. 5 plastic) into a continuously renewable resource. 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. PureCycle Contact Christian Bruey [email protected] Investor Relations Contact Eric DeNatale [email protected] About Landbell Group Landbell Group is a leading provider of environmental and chemical compliance solutions with local expertise and global presence. Established as a producer responsibility organisation (PRO) for packaging in Germany in 1995, the Group has since evolved into a platform for extended producer responsibility (EPR) worldwide. Landbell Group's comprehensive core services - compliance, consulting and software - help companies to meet their global EPR obligations. The Group's PROs have collected more than 10 million tonnes of waste batteries, electronics and packaging, and are now starting to collect textiles. Its consulting companies provide global consultancy for EPR, chemical compliance and takeback, and its software business develops digital tools for environmental and chemical compliance. In 2014, Landbell Group also launched the Green Alley Award, which is presented every year to innovative startups in the environmental sector. The circular economy is crucial for reducing greenhouse gas emissions - and EPR is one of the key elements for building a circular economy. Landbell Group is delivering EPR services worldwide to create a more sustainable future. For more information, please visit: Landbell Group Contact Dr. Raffaela David Forward-Looking Statements This press release contains forward-looking statements, including statements about the continued execution of PureCycle's business plan, the expected timing of commercial sales, the commercialization of Ironton operations, the expected increase in production of the Ironton operations, the planned compounding operations, the sourcing of materials, 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, 2023 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 ultra-pure recycled ('UPR') 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 UPR 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; 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, (i) its first U.S. multi-line facility, located in Augusta, Georgia, and (ii) its first commercial-scale European plant located in Antwerp, Belgium, in a timely and cost-effective manner; 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 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), transportation and materials, including inflation, supply chain conditions and its related impact on energy and raw materials, and PCT's ability to obtain them in a timely and cost-effective manner; 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.
