Loop industries and sk geo centric confirm the successful completion of a technical due diligence of loop's technology at its production facility in quebec, canada

Marks the next phase in the commercialization of infinite loop™ facilities across asia breaking ground of first facility in ulsan, south korea anticipated later in 2023 montreal, qc / accesswire / march 28, 2023 / loop industries, inc. (nasdaq:loop) ("loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("pet") plastic and polyester fiber, and sk geo centric ("skgc"), subsidiary of south korean group sk, today announced the successful completion of a technical due diligence conducted by skgc and the validation of loop's technology. the technical due diligence marks the next phase in loop and skgc's long-standing partnership to commercialize loop's technology through infinite loop™ manufacturing facilities in the asian market.
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