Drake purchases purecycle resin following successful production of continuous filament yarns

Orlando, fl / access newswire / january 21, 2025 / purecycle technologies, inc. (nasdaq:pct), today, announced the initial sale of nearly 500,000 pounds of resin to drake extrusion inc. (drake) for the production of continuous filament yarns, which could be used to make items such as rugs, upholstery, and apparel. drake is north america's leading manufacturer of colored filament yarn, and staple fiber.
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