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Loop Industries Signs LOI with On AG to Secure Volumes from Planned Infinite Loop(TM) Manufacturing Facility in Ulsan, South Korea

Loop Industries, Inc., 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 On AG, a sportswear brand and subsidiary of On Holding AG, today announced a Letter of Intent (LOI) signed by On to secure volumes of 100% recycled virgin quality Loop(TM) PET resin from the upcoming Asian Infinite Loop(TM) manufacturing facility in Ulsan, South Korea, which Loop is planning with its strategic partner SK Geo Centric. ....

South Korea , Ilmarin Heitz , Megan Craig , Giovanni Catino , Loop Industries , Business Development , Loop Industries Inc , Asian Infinite Loop , Tech Industry Focus , Vice President ,

Loop Industries (LOOP) Enters LoI with On AG to Secure Volumes From Planned Infinite Loop(TM) Manufacturing Facility in Ulsan, South Korea

Loop Industries (LOOP) Enters LoI with On AG to Secure Volumes From Planned Infinite Loop(TM) Manufacturing Facility in Ulsan, South Korea
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South Korea , Giovanni Catino , Ilmarin Heitz , Business Development , Loop Industries Inc , Loop Industries , Asian Infinite Loop , Vice President ,