Pure Cycle Technologies has signed a memorandum of under-standing (MoU) with SK Global Chemical as a first step to enable the building and operating of a polypropylene (PP) recycling facility in South Korea. The proposed plant, which would transform PP waste into ultra-pure PP resin (UPRP), would allow the partners to work toward solving the ongoing plastic water crisis in South Korea and globally. Partnering with the leading recycling waste company in South Korea is a major milestone for Pure Cycle. We are bringing together a premier team of experts to achieve our goal of recycling 1-billion pounds of polypropylene waste by 2025. The sad reality is that 91% of plastic waste is not recycled. Pure Cycle uses proprietary technology that can process a wide range of waste PP with varying levels of contamination and effectively remove the containments to create UPRP.