Loop Industries and thyssenkrupp Sign Global Alliance Agreement to Transform the Future of Sustainable Pet Plastic Manufacturing
Loop Industries, Inc. (LOOP)
US:NASDAQ Investor Relations:
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Source: GlobeNewswire
Global Alliance Agreement aims to combine Loop Industries’ depolymerization technology with thyssenkrupp Industrial Solutions’ PET Melt-To-Resin® technology Integration of technologies is intended to provide rapidly scalable Waste-to-Resin (“WTR™”) solution to supply the global demand for 100% sustainable PET and Polyester thyssenkrupp Industrial Solutions division, Uhde Inventa-Fischer has begun integration assessments and expects conceptual design to be completed in Q1 2019 MONTREAL, Quebec and ESSEN, Germany, Dec. 19, 2018 (GLOBE NEWSWIRE) -- Loop Industries, Inc. (Nasdaq: LOOP), ("Loop" or the "Company"), a leading technology innovator in sustainably produced plastic, and thyssenkrupp Industrial Solutions’ division, Uhde Inventa-Fischer GmbH, a leading global polyester technology provider and polyester plant engineering firm, today announced a strategic alliance expected to shape the future of PET and Polyester manufacturing. The Global Alliance Agreement advances the integr
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