Abu Dhabi, UAE — November 22, 2025
PYROCY has signed a Memorandum of Understanding for the development of a joint-venture pyrolysis project in Puerto Rico, marking the platform's first confirmed project development in the Americas.
The MOU establishes the framework for a jointly-owned industrial operation structured around PYROCY's proven modular pyrolysis model. The local partner brings feedstock access, land, and operational presence on the ground, while PYROCY provides the technology, engineering, project development, and offtake framework.
Puerto Rico presents a compelling context for advanced plastic waste recovery. As a US territory, it operates within a stringent environmental regulatory framework while facing acute plastic waste management challenges — the island generates significant volumes of non-recyclable plastic waste with limited advanced recovery infrastructure. The combination of regulatory pressure, feedstock availability, and an established industrial base makes it a strong candidate for PYROCY's modular deployment model.
The MOU follows PYROCY's standard project development process: joint feasibility assessment, feedstock verification, and site evaluation, leading to a full joint-venture agreement and project financing structure. Specific project details remain confidential pending completion of the feasibility phase.
This signing brings PYROCY's confirmed international project pipeline to four active developments — Kazakhstan, Spain, and now Puerto Rico — alongside the second Portugal plant already under contract, all within three months of the platform's formal launch.
José Marques, CEO of PYROCY, stated: "Puerto Rico is our entry point into the Americas — a market with real regulatory drive, real feedstock availability, and a partner who understands the local opportunity. The pace at which we are signing MOUs reflects the demand that exists for an operational, proven solution to this problem."