---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117749"
form_type: "8-K"
ticker: "PCT"
cik: "0001830033"
company_name: "PureCycle Technologies, Inc."
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:47:42.500155+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PureCycle and SK geo centric discontinue South Korea JV; cite tech integration challenges

## Summary
- Joint venture to build recycled polypropylene plant at SKGC Ulsan site terminated effective Oct 25, 2024.
- Decision driven by difficulty coordinating multiple independent technologies on a single site.
- Parties remain open to exploring an alternative location in South Korea.
- No financial terms or penalties disclosed in the filing.

## SEC filing metadata
- accession: 0000950170-24-117749
- form_type: 8-K
- ticker: PCT
- cik: 0001830033
- company_name: PureCycle Technologies, Inc.
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830033/000095017024117749/0000950170-24-117749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830033/000095017024117749/pct-20241025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117749
- JSON: https://secwatch.observer/filing/0000950170-24-117749.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117749.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.