Loop industries closes strategic and financing transaction with reed societe generale group

Montreal, qc / accesswire / december 23, 2024 / loop industries, inc. (nasdaq:loop) (the "company," "loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("pet") plastic and textile-to-textile ("t2t") polyester fiber, is pleased to announce the successful closing of the strategic and financing transaction with reed societe generale group based on the terms and conditions disclosed by the company on december 12, 2024. about loop industries loop industries is a technology company whose mission is to accelerate the world's shift toward sustainable pet plastic and polyester fiber and away from our dependence on fossil fuels.
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