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Technology Stocks : Loop Industries, Inc.
LOOP 0.985+2.6%Dec 23 3:50 PM EST

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From: donpat10/10/2018 9:15:35 AM
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PEPSICO AND LOOP INDUSTRIES SIGN MULTI-YEAR SUPPLY AGREEMENT FOR LOOP BRANDED 100% SUSTAINABLE PLASTIC ·

PepsiCo secures production capacity from Loop’s joint venture facility in the United States · Loop provides innovative, new technology for PepsiCo to bring to market sustainable packaging based on 100% recycled content Montreal, Quebec and Purchase,

New York (October 10, 2018) – Loop Industries, Inc. (Nasdaq: LOOP), a leading technology innovator in sustainable plastic and PepsiCo, Inc. (NASDAQ: PEP) today announced that they have entered into a multi-year supply agreement that will enable PepsiCo to purchase production capacity from Loop’s joint venture facility in the United States and incorporate Loop™ PET plastic, which is 100% recycled material, into its product packaging by early 2020.

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