Loop Industries Announces Strategic Initiative to Support evian’s Commitment to Adopt a Circular Approach to Plastic Usage
Loop Industries, Inc. (LOOP)
US:NASDAQ Investor Relations:
loopindustries.com/en/investors/home
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Source: GlobeNewswire
MONTREAL, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Loop™ Industries, Inc. (NASDAQ:LOOP) (the “Company” or “Loop”), a leader in the sustainable plastic revolution, today announced a strategic initiative with evian® as part of a long-term Danone global partnership, to enable evian’s 100% “circular approach” to plastic usage by 2025. In partnership with evian, Loop joins a respected group of intergovernmental and not for profit organizations, industry and brand partners in accelerating the global transition to a circular economy – one that reuses and regenerates resources – rather than the traditional linear economy that relies on finite resources. “Today’s? announcement by evian is the result of 18 months of positive collaboration with evian and the R&D and purchasing teams of its parent company Danone,” said Daniel Solomita, Loop's Founder and CEO. "I am personally very appreciative of Danone’s support and belief in the potential of Loop’s technology to transform the global PET/polyester
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