Loop Industries signs multi-year supply agreement with L'Oréal

Loop Industries entered into a multi-year offtake agreement with L'Oréal to supply PET resin made from 100% recycled materials for packaging. The resin will be supplied from Loop's joint venture facility in Spartanburg, South Carolina with Indorama Ventures.

“The growing demand for Loop Industries’ resin has driven the joint venture’s decision to increase the facility’s production capacity to 40 KT per year.”chemicalrecycling.eu

• 1 source
• chemicalrecycling.euLoop Industries Announces Signature of Multi-Year Supply Agreement with L’Oréal - Chemical RecyclingDick ZwavelingMar 6, 2020

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