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SK global chemical to acquire 10% stake in Loop Industries · Endata

◂ Announcements

Mar 6, 2019ACQUISITIONBécancour, Québec, Canada

SK global chemical to acquire 10% stake in Loop Industries

SK global chemical agreed to acquire a 10% equity stake in Loop Industries for $56.5 million and signed a memorandum of understanding for a joint venture to build Infinite Loop facilities in Asia.

Value

$56.5M

Status

Announced

Productssustainable plasticsrecycled PET

CompaniesLoop Industries target SK Global Chemical Co. investor

Sectors#Plastics and Polymers #Specialty Chemicals

“SK global chemical to become second largest shareholder.”markets.bostonherald.com

1 source
markets.bostonherald.comBoston Herald - Boston news, sports, politics, opinion, entertainment, weather and obituaries - SK global chemical to Acquire 10 Percent Equity Stake in Loop Industries, Companies Announce Strategic Partnership to Bring Sustainable and Circular Plastics to Asian MarketAssociated PressMar 6, 2019

Summarized from public sources; check the original articles before acting on it.

More from Loop Industries

Dec 16, 2025CONTRACTIndia, India
Toyo Engineering India gets detailed engineering contract for Infinite Loop PET resin plant
Loop Industries partner ELITe customer ecotextile.com
Oct 11, 2022PRODUCT LAUNCHTerrebonne, Quebec, Canada
Loop Industries and L'Occitane unveil bottle made from 100% Loop recycled PET
Loop Industries partner L'Occitane en Provence partner loopindustries.com
Sep 20, 2021PARTNERSHIPTerrebonne, Quebec, Canada
Loop Industries and evian unveil prototype bottle made from recycled PET
Loop Industries partner evian partner nasdaq.com
Aug 2, 2021INVESTMENTCanada$56.5M
SK global chemical invests $56.5 million in Loop Industries
Loop Industries SK Global Chemical Co. investor nasdaq.com
Aug 2, 2021INVESTMENTUlsan, South Korea, South Korea$56.5Mops 2022
SK Global Chemical closes $56.5M equity deal with Loop Industries for Asian joint venture
Loop Industries SK Global Chemical Co. investor loopindustries.com
Jul 26, 2021PARTNERSHIPSouth Korea, South Korea
SK Global Chemical and Loop Industries form joint venture for Asian PET facilities
Loop Industries partner SK Global Chemical Co. partner recyclingproductnews.com

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