# PepsiCo signs multi-year deal to buy recycled PET packaging from Loop Industries venture

PepsiCo signed a multi-year supply agreement to buy sustainable packaging from a joint venture facility established by Loop Industries, and will incorporate Loop PET recycled material into its packaging by 2020.

- Type: Contract
- Announced: 2018-10-12
- Status: announced
- Products: recycled PET resin, food-grade PET packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [PepsiCo](https://endata.com/companies/2989.md) (customer)
- [Loop Industries](https://endata.com/companies/4019.md) (supplier)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/deals-week-mauser-pepsico-amcor/), 2018-10-11: "PepsiCo Inc has signed a multi-year supply agreement to buy sustainable packaging from a joint venture facility established by Loop Industries Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.