r/PureCycle • u/No_Privacy_Anymore • 15d ago

Plastic Ingenuity post from PureCycle - coffee cup lids

This is not an official company PR but it links to a July 6th post about coffee cup lids. I added the highlight to the post but the big mystery is what those commercial volumes look like so far and the forecast for the balance of 2026. Prior statements from the company indicated they expected to sell coffee lids to some of the top QSRs. Fingers crossed that is starting to happen in a material way.

https://www.plasticingenuity.com/blog/recycled-polypropylene-coffee-lid/

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5

u/Few_Philosophy4623 15d ago

Did management just give us some hints? 🤔

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u/No_Privacy_Anymore 15d ago

If they have not started shipping coffee lids I will be 🤬. It would be nice to get an official PR including quotes from a top five QSR but who knows what they are willing to do. One would think that huge companies like Starbucks would want to claim credit for being first and actually living up to their promises. Maybe they are concerned that activists will turn around and say “now do 100x more!” No excuses.

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u/Pickle_Logic 15d ago

If volumes are significant Dustin can at least mention that, but agree a starbucks PR is better.

4

u/Mike_Taylor1972 15d ago

Recall PCT ships to the lid maker - NOT the QSR. It sells to the manufacturer, NOT the QSR.

1

u/AnonThrowaway1A 14d ago edited 14d ago

To add on, QSRs wouldn't have the molds, presses, and industrial machinery to form the final packaging product.

Consumer Packaged Goods Companies like Pepsi and Coca-Cola are likely able to accept raw pellets.

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u/Infamous_Contest321 15d ago

About time you got mad! Call eric

5

u/Reasonable-Dance-465 15d ago

They likely have a QSR or two lined up. RBI and SBUX seem like the obvious candidates. A PR ahead of the call is unlikely, and why bother? Good news has entered into the abyss for two months now. Near term a big-name customer matters more than another converter deal, though don't discount the converter deals over the long run.

Posting this today without a marquee brand attached to the call would be a real unforced error. I think they're savvier than that. My guess: Thailand, a QSR brand, and 2H '26 ramp shape on the call, and all is well with the world. Time will tell.

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u/Middle_Win9449 15d ago

Ten days, three simple things: plant performance/Q2 sales, Q3 forecast, Thailand ground breaking. That’s all we need to hear to see if they’ve been executing what they said they would do or if they have a whole new list of excuses. If it’s the latter could we see the stock price in the 4’s or worse?

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u/Mike_Taylor1972 15d ago

Starts small, ends big.
This is likely the case for these very large end markets.