LOOP INDUSTRIES, INC. (OTCMKTS:LLPP) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On December 19, 2018, the Company issued a press release announcing a strategic alliance with thyssenkrupp Industrial Solutions’ division, Uhde Inventa-Fischer GmbH. The Global Alliance Agreement advances the integration of their respective technologies intended to provide a turn-key industrial solution for license to manufacturing companies seeking a commercially viable technology to produce sustainable PET and polyester plastic. A copy of this press release is furnished hereto as Exhibit99.1.
The information in this Item 7.01 and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit Number |
Description |
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99.1 |
Press Release, dated December 19, 2018 |
Loop Industries, Inc. Exhibit
EX-99.1 2 loop_ex991.htm PRESS RELEASE loop_ex991.htmEXHIBIT 99.1 LOOP INDUSTRIES AND THYSSENKRUPP SIGN GLOBAL ALLIANCE AGREEMENT TO TRANSFORM THE FUTURE OF SUSTAINABLE PET PLASTIC MANUFACTURING · Global Alliance Agreement aims to combine Loop Industries’ depolymerization technology with thyssenkrupp Industrial Solutions’ PET Melt-To-Resin® technology · Integration of technologies is intended to provide rapidly scalable Waste-to-Resin (“WTR™”) solution to supply the global demand for 100% sustainable PET and Polyester · thyssenkrupp Industrial Solutions division,…
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About LOOP INDUSTRIES, INC. (OTCMKTS:LLPP)
Loop Industries, Inc., formerly First American Group Inc., is a manufacturer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG), the chemical components used in manufacturing polyethylene terephthalate (PET). The Company is engaged in designing, prototyping and building a closed loop plastics recycling business using a de-polymerization technology. Its technology uses waste PET plastics, such as water bottles, soda bottles, consumer packaging, carpets and industrial waste as feedstock to process. These feedstocks are available through municipal triage centers, industrial recycling and landfill reclamation projects. The Company operates in the United States and Canada. The Company focuses on depolymerizing waste plastics and converts them into valuable chemicals, ready to be reintroduced into the manufacturing of virgin plastics.
