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Loop Industries entered a multiyear offtake agreement with L'Oréal to supply 100% recycled PET resin from its joint venture facility in Spartanburg, S.C., with Indorama Ventures. The facility's capacity is being increased to 40,000 tons per year.
“Supporting businesses in achieving their sustainability objectives while helping consumers understand the potential of plastic in a circular economy model is at the core of Loop's mission.”waste360.com
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