PureCycle has also entered a partnership with IRPC Public Company Limited to build a polypropylene recycling facility in Thailand, expected to start operations by mid-2027. Additionally, plans are underway for a similar facility in Antwerp, Belgium, slated for 2028, and a larger "Gen 2" facility in Augusta, Georgia, with a projected start in 2029. Cantor Fitzgerald has reiterated its Overweight rating on PureCycle, maintaining a price target of $12.00. The firm remains optimistic about the company's long-term prospects, citing its patented technology licensed through Procter & Gamble and its strategic market position. PureCycle's recent announcement of its first-ever revenue and the production of 4.3 million pounds of resin in the first quarter at the Ironton facility further supports this positive outlook. The company is currently engaged in more than 30 customer trials, with over 50 additional trials pending, which analysts believe could lead to significant sales volumes.