Roth CH Acquisition I completed the merger with PureCycle Technologies in a $1.2bn deal.

Roth Capital Partners and Craig-Hallum Capital-backed Roth CH Acquisition I, a special purpose acquisition company, completed the merger with PureCycle Technologies, a provider of polypropylene recycling services, in a $1.2bn deal. "The consummation of this transaction represents yet another major milestone for PureCycle, demonstrating broad market validation of our value proposition. Most importantly, we now have the increased capital market access to support the accelerated scaling required to revolutionize the transformation of waste polypropylene into sustainable products," Mike Otworth, PureCycle Chairman and CEO.