Associated tags: PET, Plastic, Textile, Loop, Recycling, Coronavirus, Consultant, Health, News, COVID-19, Security (finance), CO2, Xi, Ix, QC
Locations: FRANCE, CANADA, QUEBEC, SUEZ, EUROPE, US, ONTARIO, GARNIER, SAINT-AVOLD
GREENWICH, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 10th Annual Waste & Environmental Services Symposium at the Harvard Club in New York City on Thursday, April 4, 2024.
Key Points:
- GREENWICH, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 10th Annual Waste & Environmental Services Symposium at the Harvard Club in New York City on Thursday, April 4, 2024.
- The symposium will draw companies with a focus on the themes of waste, water treatment, and the environment.
- Attendees will also have the opportunity to meet with management in a one-on-one setting.
Retrieved on:
Wednesday, January 24, 2024
Bormioli Pharma tested Loop(TM) PET resin in its packaging, commissioning to independent third parties' additional analysis to verify extractables levels with different solutions, also taking in consideration the worst-case scenario.
Key Points:
- Bormioli Pharma tested Loop(TM) PET resin in its packaging, commissioning to independent third parties' additional analysis to verify extractables levels with different solutions, also taking in consideration the worst-case scenario.
- "Through this collaboration with Loop we're strengthening our role as a solid, quality and reliable partner for the pharmaceutical industry" stated Andrea Lodetti, CEO of Bormioli Pharma.
- Daniel Solomita, Founder and CEO of Loop Industries, commented "Through our collaboration with Bormioli Pharma, we have developed an innovative pharmaceutical packaging solution manufactured from 100% recycled virgin quality Loop(TM) PET resin.
- 1 Results from an extractables study conducted by an independent, external lab and performed on bottles manufactured with Loop(TM) PET resin using different simulating solutions.
Retrieved on:
Thursday, January 18, 2024
Loop and Reed intend to form a strategic long-term partnership through the establishment of a 50/50 joint venture (the "JV") to commercialize Loop's technology in Europe.
Key Points:
- Loop and Reed intend to form a strategic long-term partnership through the establishment of a 50/50 joint venture (the "JV") to commercialize Loop's technology in Europe.
- Reed intends to provide financing of ?60 million (US$66 million) in non-dilutive capital.
- Of this amount, US$33 million is to be provided to Loop as non-dilutive capital to fund Loop's technology commercialization globally.
- In addition, the structure of the current planned financing will be accretive to shareholder value by minimizing initial equity dilution," added Mr. Solomita.
Retrieved on:
Wednesday, December 13, 2023
Infinite loop,
Container,
European Pharmacopoeia,
PET,
ERG,
Innovation,
Polyethylene terephthalate,
USP,
Safety,
GEN,
CO2,
Incineration,
Recycling Test results executed by a worldwide leader in laboratory testing services confirm that Loop's PET resin has successfully met these requirements, opening new possibilities for sustainable packaging solutions in the pharmaceutical industry.
Key Points:
- Test results executed by a worldwide leader in laboratory testing services confirm that Loop's PET resin has successfully met these requirements, opening new possibilities for sustainable packaging solutions in the pharmaceutical industry.
- Loop's 100% recycled virgin quality PET can help support pharmaceutical companies with a sustainable packaging alternative and address the growing demand for environmentally responsible choices in the industry.
- In addition to pharmaceutical packaging applications, Loop(TM) branded PET resin is also suitable for use in food-grade packaging, cosmetic packaging and polyester fiber textile applications.
- 1 Source: Life Cycle Assessment of Loop GEN II Infinite Loop(TM) France done by Franklin Associates, a division of ERG, compares kg for kg Loop PET vs. Virgin PET.
Mr. Franck Leroy, President of the Grand Est region in France and Daniel Solomita, Founder and
Key Points:
- Mr. Franck Leroy, President of the Grand Est region in France and Daniel Solomita, Founder and
CEO of Loop Industries at Loop's head office in Terrebonne, Quebec, Canada.
- The facility is anticipated to begin construction in 2025, with plant commissioning to follow in 2027.
- "The Grand Est region is particularly proud to support the establishment of Loop Industries on its territory, in association with SUEZ and SK Geo Centric.
- The visit of Mr. Franck Leroy highlights the significance of this project for the Grand Est region and for the global circular plastics economy.
Business development,
Partnership,
Circularity,
PET,
AG,
Innovation,
Forbo Holding AG,
Recycling,
LOI,
Infinite loop,
Closed-loop recycling,
Loop The Ulsan manufacturing facility is anticipated to break ground by end of this year.
Key Points:
- The Ulsan manufacturing facility is anticipated to break ground by end of this year.
- We are happy to see that Loop is bringing their technology to commercial scale," said Ilmarin Heitz, Head of Innovation at On.
- In addition to low value PET plastic waste, Loop also utilizes polyester fiber waste as feedstock in its process.
- The partnership between Loop Industries and On showcases how brands can transition to a sustainable, environmentally friendly solution where materials can be recycled infinitely.
Retrieved on:
Wednesday, April 19, 2023
CLICHY, France and TERREBONNE, Canada, April 19, 2023 /PRNewswire/ -- Garnier, one of the world's largest mass market beauty brands, will strengthen their commitment to fight plastic waste and help enter a more circular packaging model, by partnering with Loop Industries, Inc. (Nasdaq: LOOP), a technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic. Materials that used to be considered unrecyclable waste, or low value plastic such as colored or opaque plastic bottles, can now be transformed to create 100% recycled and infinitely recyclable virgin-quality PET plastic3. Garnier will pilot this technology in the brand's first Micellar Cleansing Water All-In-1 bottle made of plastic waste previously considered as an unrecyclable material1.
Key Points:
- Garnier will pilot this technology in the brand's first Micellar Cleansing Water All-In-1 bottle made of plastic waste previously considered as an unrecyclable material1.
- This future-facing partnership and pioneering recycling process will help Garnier save PET plastic waste that cannot yet be recycled within conventional recycling processes.
- We are proud to be working with Loop Industries to launch the first Garnier Micellar Water bottle made of previously unrecyclable PET plastic waste.
- This partnership with the Garnier brand is an important step towards making circularity the norm and showcasing that today's waste can be tomorrow's resource.
Security (finance),
Water,
Carbon,
Infinite,
Forward-looking statement,
LinkedIn,
Consultant,
Health,
Color,
Caisse,
Climate,
Solution,
LOOP,
Technology,
CEO,
Drinking water,
CNP Assurances,
Private Securities Litigation Reform Act,
Engineering,
Textile,
CO2,
NASDAQ,
News,
SEC,
Twitter,
LCA,
COVID-19,
GIP,
Recycling,
Plastic,
Coronavirus,
U.S. Securities and Exchange Commission,
Xi,
SK,
SK Group,
PET,
Growth,
Ix,
Partnership,
KOREA,
DMT,
Risk,
Goal,
Meridiam,
QC,
Loop,
Central Europe SK Geo Centric to Participate as Equal Partner in Joint Venture to Build First Infinite Loop Facility in Europe, Together with Loop Industries and Suez.
Key Points:
- SK Geo Centric to Participate as Equal Partner in Joint Venture to Build First Infinite Loop Facility in Europe, Together with Loop Industries and Suez.
- Na Kyung-Soo, the CEO of SK Geo Centric said "We are thrilled to participate in the Infinite Loop Europe project together with SUEZ, a leading French environmental services company and LOOP, which possesses an advanced recycling technology."
- "Their extensive global expertise in petrochemical manufacturing will be invaluable in complementing the strengths that Loop and Suez will bring to the joint venture.
- Follow Loop on Twitter: @loopindustries , Instagram: loopindustries , Facebook: Loop Industries and LinkedIn: Loop Industries
This news release contains "forward-looking statements" as defined in the U.S.
