PureCycle Announces Appointment of a New Member to the Board of Directors

PureCycle Technologies, Inc. (Nasdaq: PCT), a pioneer in plastic recycling based in the U.S., has announced the appointment of Dr. Siri Jirapongphan to its board of directors, effective October 28, 2025. Dr. Jirapongphan brings a wealth of experience to the role, currently serving as an independent director and Chairman of the Audit Committee at Bangkok Bank PLC. His prior positions include Director and Treasurer of the Petroleum and Energy Institute of Thailand Foundation and Chairman of IRPC PLC. Notably, he was the Minister of Energy for Thailand from 2017 to 2019. His academic credentials include a doctorate in chemical engineering from MIT and a bachelor’s degree in chemical engineering (with Honors) from Caltech.

Dustin Olson, CEO of PureCycle, expressed confidence that Dr. Jirapongphan’s technical expertise and understanding of the Thai market will be vital as the company advances its dissolution recycling technology and embarks on global expansion, particularly with its upcoming facility in Rayong, Thailand.

In a related announcement, PureCycle revealed that Jeffrey R. Fieler will step down from the board after more than four years of service. Fieler, who also served as the interim Chief Financial Officer for three months in 2024, was acknowledged by Dan Coombs, Chairman of the Board, for his significant contributions to the company's growth and his dedication.

PureCycle Technologies is known for its patented dissolution recycling technology, capable of transforming polypropylene waste into a renewable resource, thereby promoting sustainable practices in plastic recycling with its PureFive™ resin. For further details, interested parties can visit PureCycle's website or contact their Investor Relations team.

On November 3, 2025, PureCycle Technologies, Inc. (Nasdaq: PCT) announced the appointment of Dr. Siri Jirapongphan to its board of directors, marking a significant step in the company’s growth strategy as it prepares for global expansion. Dr. Jirapongphan's impressive credentials, which include leadership roles in both the financial and energy sectors, enhance PureCycle's governance and strategic direction. His experience as an independent director at Bangkok Bank PLC and his previous role as Thailand's Minister of Energy provide valuable insights into sustainable practices and regulatory landscapes, especially as the company looks to establish its first international facility in Rayong, Thailand.

This leadership transition follows the departure of Jeffrey R. Fieler, who contributed to the company for over four years. While his exit may raise concerns about continuity, PureCycle's proactive approach in onboarding Dr. Jirapongphan suggests a strengthened commitment to governance and innovative approaches in the recycling sector. His technical background in chemical engineering, paired with executive experience, positions him to influence the implementation of PureCycle’s patented dissolution recycling technology effectively.

PureCycle’s technology addresses a crucial market need for sustainable plastic solutions, focusing on turning polypropylene waste into a renewable resource. As consumers and businesses increasingly prioritize sustainability, companies like PureCycle that are harnessing advanced recycling methods stand to benefit significantly. Investors should pay close attention to PureCycle’s future operational performance and its ability to execute on its global expansion plans.

In summary, while the transition in board leadership represents a risk, the addition of Dr. Jirapongphan could enhance institutional knowledge and foster strategic growth. Investors should consider this development as a potential opportunity for long-term gains in the evolving market of sustainable materials.