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Loop Industries Provides Business Update and Reports First Quarter Financial Results of Fiscal Year 2022


Loop Industries Provides Business Update and Reports First Quarter Financial Results of Fiscal Year 2022
ACCESSWIRE
16 Jul 2021, 07:05 GMT+10
MONTREAL, QC / ACCESSWIRE / July 15, 2021 / Loop Industries, Inc. (NASDAQ:LOOP) (the Company or Loop ), a clean technology company focused on accelerating a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ( PET ) plastic and polyester fiber, today provided an update on its activities, and reported its consolidated financial results for the first quarter of fiscal year 2022.
SK global chemical Strategic Partnership and Equity Investment
On June 23, 2021, Loop announced announced that it intends to form a strategic partnership with SK global chemical Co. Ltd. ( SKGC ), a subsidiary of South Korea s SK Group, one of Asia s largest conglomerates, to accelerate the commercialization of Loop s sustainable PET plastic and polyester fiber manufacturing technology throughout Asia. Loop and SK ....

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