Loop Industries' proprietary process sustainably converts waste plastics into high purity PTA and EG that can be used to create up to 100 percent recycled food grade PET resin. PET plastic is most commonly found in beverage bottles, consumer packaging and polyester fiber. Morningstar, Inc. All Rights Reserved. Morningstar, Inc. All Rights Reserved. Loop Industries, Inc. (OTCQB: LLPP), an environmentally responsible manufacturer of Purified Terephthalic Acid ("PTA") and Ethylene Glycol ("EG"), today announced the successful completion of a pilot plant facility as well as positive results from its initial production runs. and/or its affiliates. Loop Industries also continues to deliver on its commitment to innovation through continuous improvement at its pilot plant and research and development center, located in Quebec, Canada. Most stock quote data provided by BATS. Factset: FactSet Research Systems Inc. 2018. Production capacity of the pilot plant is expected to be approximately 5,000 pounds of chemicals per day. This facility is being engineered to for a capacity of 40,000 metric tons of sustainable, Loop™ PET resin made from 100% recycled PET plastic and polyester fiber, which is largely subscribed by leading consumer brands.In addition, Loop Industries is planning to expand its technology through Infinite Loop™, a fully integrated greenfield manufacturing solution that combines Loop's proprietary depolymerization technology with a polymerization process.
Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Disclaimer. Once you have consumed your pods, put them into the postage paid envelope available upon request with your Drinkfinity purchase. All times are ET. This commercial grade PET resin can be used in a variety of bottling, consumer packaging and other industrial applications. The successful completion of the pilot plant is an important milestone in confirming the commercial value of our process. As a signatory member of the New Plastics Economy Global Commitment, we look forward to driving change and achieving a truly circular plastics economy. © 2018 Most stock quote data provided by BATS. LOS ANGELES, CA--(Marketwired - Jan 12, 2016) - Loop Industries, Inc. (OTCQB : LLPP), an environmentally responsible manufacturer of Purified … Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. By helping divert low and no-value waste PET from landfills and oceans, our technology is aligned with the Ellen MacArthur Foundation’s goal to build a sustainable circular plastics economy.The achievement of this objective is supported by the development of our first commercial facility, which is expected to be commissioned in the first half of calendar year 2022 in Spartanburg, South Carolina. About Loop Industries, Inc. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Factset: FactSet Research Systems Inc. 2018. Our technology is helping partner brands reach and exceed sustainable development goals set by the United Nations. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All Rights Reserved. Cable News Network. Forward-Looking Statements
All times are ET. "We are excited to now be able to demonstrate our proprietary process at commercial scale to potential partners.
As a signatory member of the New Plastics Economy Global Commitment, we look forward to driving change and achieving a truly circular plastics economy.Please subscribe to our mailing list for up-to-date information about Loop Industries and its activities. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 A WarnerMedia Company. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our Loop Process, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) we will need to raise capital to meet business requirements.
Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Daniel Solomita, Loop Chief Executive Officer, commented.
Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Disclaimer. Once you have consumed your pods, put them into the postage paid envelope available upon request with your Drinkfinity purchase. All times are ET. This commercial grade PET resin can be used in a variety of bottling, consumer packaging and other industrial applications. The successful completion of the pilot plant is an important milestone in confirming the commercial value of our process. As a signatory member of the New Plastics Economy Global Commitment, we look forward to driving change and achieving a truly circular plastics economy. © 2018 Most stock quote data provided by BATS. LOS ANGELES, CA--(Marketwired - Jan 12, 2016) - Loop Industries, Inc. (OTCQB : LLPP), an environmentally responsible manufacturer of Purified … Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. By helping divert low and no-value waste PET from landfills and oceans, our technology is aligned with the Ellen MacArthur Foundation’s goal to build a sustainable circular plastics economy.The achievement of this objective is supported by the development of our first commercial facility, which is expected to be commissioned in the first half of calendar year 2022 in Spartanburg, South Carolina. About Loop Industries, Inc. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Factset: FactSet Research Systems Inc. 2018. Our technology is helping partner brands reach and exceed sustainable development goals set by the United Nations. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All Rights Reserved. Cable News Network. Forward-Looking Statements
All times are ET. "We are excited to now be able to demonstrate our proprietary process at commercial scale to potential partners.
As a signatory member of the New Plastics Economy Global Commitment, we look forward to driving change and achieving a truly circular plastics economy.Please subscribe to our mailing list for up-to-date information about Loop Industries and its activities. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 A WarnerMedia Company. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our Loop Process, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) we will need to raise capital to meet business requirements.
Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Daniel Solomita, Loop Chief Executive Officer, commented.