Industry News

L'OCCITANE Will Meet its 100% Recycled Bottles Goal Ahead of Schedule Thanks to Loop Industries

GENEVA, SWITZERLAND and MONTRÉAL, CANADA / ACCESSWIRE / November 13, 2019 / Loop Industries, Inc. (NASDAQ:LOOP), a leading sustainable plastics technology innovator, and L'OCCITANE en Provence, a global manufacturer and retailer of natural beauty and well-being products, today announced that they are expanding their supply agreement.


Thanks to this extended partnership, L'OCCITANE expects to accelerate the transition to 100% sustainable PET plastic in all its bottles and thus meet its 2025 goal ahead of schedule. This represents a significant shift in the brand's efforts to achieve a circular economy that givespolluting materials a second life. Read more

How Canada-Based Company Loop Industries Turns Plastic Waste Into Reusable Packaging

This company turns shredded plastic and clothing into new bottles for Pepsi, Evian, and Coca-Cola


Read more

Loop Industries Announces Capital Infusion To Finance Next Phase Of Growth Strategy

Loop™ Industries, Inc. a leading sustainable plastics technology innovator, today announced that Toronto-based Northern Private Capital ("NPC") has made a binding commitment to purchase 4,093,567 shares of Loop's common stock at a price of $8.55 per share, for total net proceeds of approximately $35 million.


After giving effect to the transaction, NPC will have a 10.5 percent ownership position in Loop's common equity. The transaction is expected to close in twelve business days, on or about June 14, 2018, subject to standard closing conditions, and in no event later than June 28, 2019. Read more

Drinkworks™ Doubles Down on Recycling Solutions with Loop Industries, Inc.

Partnership with Loop Industries will Provide a Free Mail-back Program for Cocktail, Cider and Beer Enthusiasts Seeking to Ensure Drinkworks Products are Upcycled


Today, beverage innovation company, Drinkworks and leading sustainable plastics technology innovator, Loop Industries, Inc. (Nasdaq: LOOP), announced a partnership to allow the users of the Drinkworks Home Bar by Keurig to return used cocktail, brew and cider pods to be recycled and upcycled by Loop.... Read more

Loop Industries Completes And Expands Supply Agreement With Danone For 100% Sustainable PET

Loop Industries, Inc. (Nasdaq: Loop) (“Loop” or the “Company”), a leading technology innovator in sustainable plastic for packaging, today announced that it has completed a multi-year supply agreement with Danone SA (Euronext: BN) (“Danone”), one of the world’s leading global food & beverage companies.


Danone will purchase 100% sustainable and upcycled Loop™ branded PET from Loop’s joint venture facility with Indorama Ventures Limited in the United States for use in brands across its portfolio including evian®, Danone’s iconic natural spring water..... Read more

Loop Industries and L'OCCITANE Sign Multi-Year Supply Agreement to Transition to 100% Sustainable PET Plastic

By incorporating Loop™ branded PET into its packaging, L'OCCITANE en Provence will achieve its goal of using 100% recycled plastic in its bottles by 2025 and Loop Industries will see its logo applied to all L'OCCITANE en Provence products containing Loop™ PET plastic.


The L'OCCITANE Group, a global manufacturer and retailer of natural cosmetics and well-being products with five leading brands, and Loop Industries, Inc. (Nasdaq: LOOP), a leading technology innovator in sustainable plastic, announced today the signing of a multi-year take or pay supply agreement for Loop™ branded 100% sustainable PET plastic. The agreement will see L'OCCITANE en Provence start to incorporate Loop™ PET plastic into its product packaging as of 2022 and place the Loop logo on all packaging containing Loop™ PET plastic.... Read more

Loop Industries And Thyssenkrupp Sign Global Alliance Agreement To Transform The Future Of Sustainable Pet Plastic Manufacturing

Global Alliance Agreement aims to combine Loop Industries’ depolymerization technology with thyssenkrupp Industrial Solutions’ PET Melt-To-Resin® technology


Loop Industries, Inc. 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..... Read more

Plastic Water Bottles, Which Enabled a Drinks Boom, Now Threaten a Crisis

Facing a consumer backlash and stricter regulation, companies are trying to do what's eluded them for years: make a better bottle


ÉVIAN-LES-BAINS, France—Bottled water, which recently dethroned soda as America's most popular beverage, is facing a crisis. A consumer backlash against disposable plastic plus new government mandates and bans in places such as zoos and department stores have the world's biggest bottled-water makers scrambling to find alternatives.... Read more

Loop Industries Establishes Multi-Year Supply Framework With The Coca-Cola Cross Enterprise Procurement Group

New Agreement Enables Authorized Coca-Cola Bottlers to Enter into Supply Agreements to Secure 100% Sustainable Loop™ Branded PET Plastic Resin


“We are very proud to become a supplier of Loop™ branded PET resin to the members of the Coca-Cola system’s Cross Enterprise Procurement Group,” said Daniel Solomita, Founder and CEO of Loop Industries. “We are especially pleased to be able to assist Coca-Cola’s authorized bottlers as they work to meet their recycled content ambitions.”.... Read more

Loop Industries Endorses The New Plastics Economy Global Commitment - Helping Keep Plastic In The Economy And Out Of Nature

Loop Industries, Inc. (Nasdaq: LOOP), a leading technology innovator in sustainable plastic, today announced that it has joined leading global consumer brands, including PepsiCo, Danone, The Coca Cola Company, Unilever, L'Oréal and others in signing the New Plastics Economy Global Commitment developed by the Ellen MacArthur Foundation in collaboration with United Nations Environment.


The New Plastics Economy Global Commitment is being officially unveiled at the Our Ocean Conference in Bali today, Monday, October 29, 2018. At the heart of the Global Commitment is a vision of a New Plastics Economy, where plastics never become waste ... Read more

How Loop Industries Is Becoming The 'Intel Inside' Of The Circular Plastics Economy

Fingers holding a microchip next to a hand holding plastic pellets. Allow us the apples-to-oranges comparison to get the conversation started about how to rethink making and remaking plastic.


One of the big, thorny challenges in circular plastics is how to affordably turn old plastic into new feedstock. As more companies commit to producing plastic packaging from recycled materials, the question remains about where all the recycled feedstock will come from.... Read more

Article by Lauren Phipps

Pepsico And Loop Industries Sign Multi-Year Supply Agreement For Loop Branded 100% Sustainable Plastic

PepsiCo secures production capacity from Loop's joint venture facility in the United States. Loop provides innovative, new technology for PepsiCo to bring to market sustainable packaging based on 100% recycled content.


Loop Industries, Inc. (Nasdaq: LOOP), a leading technology innovator in sustainable plastic and PepsiCo, Inc. (NASDAQ: PEP) today announced that they have entered into a multi-year supply agreement that will enable PepsiCo to purchase production capacity from Loop's joint venture facility in the United States and incorporate Loop™PET plastic, which is 100% recycled material, into its product packaging... Read more

Indorama Ventures And Loop Industries JV To Introduce New Era In PET And Polyester Recycling

Indorama Ventures' world-class manufacturing and Loop's state-of-the-art recycling technology combined to invest in multi-billion dollar sustainable PET resin and polyester market opportunity


Bangkok, Thailand, and Montreal, Quebec (September 24, 2018) - Indorama Ventures Public Company Limited (Bloomberg ticker IVL.TB), one of the world's leading petrochemical companies, and Loop Industries, Inc. (Nasdaq: LOOP), a leading technology innovator in sustainable plastic resin and polyester today announced a joint venture to manufacture and commercialize sustainable polyester resin to meet the growing global demand from beverage and consumer packaged goods companies. ... Read more

L'Oréal Group set to close the 'Loop' with sustainable cosmetics packaging

L'Oreal is to use an upcycled plastic for its cosmetics packaging


The L'Oréal Group has announced its intention to be the first major cosmetic company to use packaging made from a revolutionary recycled and upcycled PET resin.

Partnering with Canada-based Loop Industries Inc., L’Oreal plans to incorporate ‘Loop PET’, a virgin-quality polyester resin made from waste plastics, into its packaging for the United States and Europe, with a supply agreement expected by the end of autumn ... Read more

How Loop Industries Is Becoming The 'Intel Inside' Of The Circular Plastics Economy

One of the biggest challenges facing the health of our shared rivers, oceans and ecosystem today is the failure to manage plastic


One of the biggest challenges facing the health of our shared rivers, oceans and ecosystem today is the failure to manage plastic: that versatile and nearly indestructible material so often used for only moments but can persist for centuries. The planet is choking on it in many forms including bags, bottles and straws. 93% of plastics are produced using fossil fuels, and global oil consumption for plastics is expected to increase from 6% ... Read more

Article by Afdhel Aziz

Source: Loop Industries, Inc.

Loop Industries helps make Gatorade Gx packaging more sustainable

Loop Industries help Gatorade Gx consumers recover and upcycle plastic


Loop Industries, Inc. (Nasdaq:LOOP) today announced a free new program that allows consumers of Gatorade, a subsidiary of PepsiCo (Nasdaq:PEP; NYSE:PEP) to return and upcycle used Gatorade Gx pods into products of greater value using Loop’s upcycling technology. ... Read more

In The Loop: Meet the Montreal Start-Up at the forefront of the Circular Economy Revolution

evian have pledged to become completely circular by 2025. To highlight the importance of this, VICE Impact are following their journey as they overcome the hurdles to make this a reality.


Currently, just 14 percent of the world’s plastic packaging is collected for recycling, the rest is lost after a single use. Made using fossil fuels, the way plastic is currently produced, used, and dumped is damaging to our environment. While imagining a world without plastics is nearly impossible, rethinking plastic usage ... Read more


The evian impluvium on the plateau de Gavot

Evian and Loop Industries: Starting a Revolution in Plastic Recycling

An innovative recycling method invented in a garage is offering a solution to plastic waste.


BORN FROM THE powerful petrochemical fusion of monomers into polymers, plastic is one of the most ubiquitous and useful materials man has ever made. It’s also very hard to undo. Most plastics do not decompose easily or quickly, instead they require either intense pressure or intense heat to break them down—and that is not a viable option for recycling the vast quantity of waste plastic that is accumulating in our landfills and oceans. Every year another 350 million tons of new plastic ... Read more