PRESS RELEASE published on 01/16/2024 at 22:40, 2 years ago Loop Industries Reports Third Quarter Fiscal 2024 Results and Provides Updates on Business Developments Loop Industries, Inc. (Nasdaq:LOOP) announced a non-binding Memorandum of Understanding with Reed Management for US$66 million in non-dilutive financing as part of a joint venture to roll out Loop's technology in the European market. The JV aims to commercialize Loop's technology in Europe and will provide funding for the development of projects, including the construction of an Infinite LoopTM plant in Saint-Avold, France. The partnership allows Loop Industries to reduce the funding needs for its equity contributions and receive royalty and engineering fees directly from the planned facilities in Europe. The non-binding MOU is subject to customary due diligence and is expected to close by the end of March 2024. Loop's CEO, Daniel Solomita, expressed excitement about the partnership and the potential for Loop's groundbreaking technology as global brands adapt to increasingly stringent regulatory requirements for plastic recycling. European Market Non-dilutive Financing Loop Industries Reed Management Infinite Loop Technology
PRESS RELEASE published on 12/13/2023 at 14:30, 2 years 1 month ago Loop Industries Announces Its Loop(TM) Branded PET Resin Is Compliant for Pharmaceutical Industry Packaging Applications
PRESS RELEASE published on 11/27/2023 at 19:45, 2 years 2 months ago Loop Industries to Participate in Upcoming Investor Conferences in November and December 2023
PRESS RELEASE published on 11/16/2023 at 01:00, 2 years 2 months ago Loop Industries Presents Its Infinite Loop(TM) Technology at Groundbreaking Ceremony of the Ulsan Advanced Recycling Cluster in South Korea
PRESS RELEASE published on 11/02/2023 at 13:30, 2 years 3 months ago Loop Industries To Present Its Infinite Loop(TM) Technology at Groundbreaking Ceremony of the Ulsan Advanced Recycling Cluster in South Korea
PRESS RELEASE published on 10/16/2023 at 13:00, 2 years 3 months ago Loop Industries Reports Second Quarter Fiscal 2024 Results And Provides Updates On Business Developments
PRESS RELEASE published on 07/12/2023 at 22:40, 2 years 6 months ago Loop Industries Reports First Quarter Fiscal 2024 Results
PRESS RELEASE published on 05/30/2023 at 14:30, 2 years 8 months ago Franck Leroy, President of The Grand Est Region, Visits Loop Industries' Terrebonne, Quebec, Canada Facility
PRESS RELEASE published on 05/18/2023 at 23:38, 2 years 8 months ago Loop Industries Reports Fourth Quarter and Full Year Fiscal 2023 Results and Provides Update on Continuing Business Developments
PRESS RELEASE published on 05/15/2023 at 12:00, 2 years 8 months ago Loop Industries Announces Signed Letter of Intent With On AG to Secure Volumes From Planned Infinite Loop(TM) Manufacturing Facility in Ulsan, South Korea
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