PureCycle signs three-year PP bale supply deal with WM and shifts sales to non-food uses
Recycled polypropylene producer PureCycle has finalised a three-year contract with WM for up to 25 million pounds (11,340 metric tons) a year of post-consumer polypropylene bales, starting in November. On its Q3 call on 4 November, chief executive Dustin Olson said New Jersey's three-year delay of its recycled-content mandate for food-contact packaging had pushed about 50 million pounds a year of sales volumes out of 2026, and that the company is redirecting sales towards non-food rigid containers. Former Braskem chief executive Fernando Musa was named executive chairman.
Why this mattersA multi-year bale contract with the largest US hauler secures feedstock for PureCycle, while New Jersey's delay shows how dependent recycled-PP demand is on state mandates.
- Three-year WM contract covers up to 25 million pounds (11,340 metric tons) a year of post-consumer PP bales, starting November 2026
- New Jersey's three-year delay of its PCR mandate for food-contact applications pushed about 50 million pounds a year of volumes across 15 programs out of 2026
- About 30 million pounds of volumes are on hold as a direct result of the New Jersey decision
- New Jersey's non-food rigid container mandate, unaffected by the delay, rises to 20% recycled content in January 2027
- Programs shipping, contracting or in final qualification total 45-55 million pounds a year, about 40-50% of Ironton's 107 million pound nameplate capacity
- Fernando Musa, former CEO of Braskem and a board member since 2021, was named executive chairman