DGAP-News: Loop Industries: Loop Industries and SK global chemical Close $56.5M Strategic Equity Deal, Provide Further Update on Asian Joint Venture to Manufacture 100% Recycled PET Plastic
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Tuesday, August 3, 2021
Loop Industries: Loop Industries and SK global chemical Close $56.5M Strategic Equity Deal, Provide Further Update on Asian Joint Venture to Manufacture 100% Recycled PET Plastic
Key Points:
- Loop Industries: Loop Industries and SK global chemical Close $56.5M Strategic Equity Deal, Provide Further Update on Asian Joint Venture to Manufacture 100% Recycled PET Plastic
The issuer is solely responsible for the content of this announcement. - Combined, these facilities are expected to process approximately 400,000 tons of PET plastic and polyester fiber waste annually.
- This appointment reflects SKGC's strategic view of the importance of its investment in Loop, as part of its "Green for Better Life" global strategic vision.
- Furthermore SK global chemical is growing into a technology-based global chemical company through continuous R&D efforts and global expansion.