LOOP INDUSTRIES, INC. (OTCMKTS:LLPP) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure
Loop Industries, Inc. (the “Company”) reported on a Form 8-K yesterday the entry into a Promise to Purchase agreement (the “Agreement”) with Veolia es Canada Industrial Services Inc. (“Veolia”) and Landmark Advisory Services Inc. (“Landmark”). The Company issued a press release regarding this Agreement this morning. A copy of the Company’s press release is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number |
Description |
99.1 |
Press Release, dated October 4, 2017 |
Loop Industries, Inc. ExhibitEX-99.1 2 llpp_ex991.htm PRESS RELEASE llpp_ex991.htmEXHIBIT 99.1 Loop Industries Announces Agreement to Purchase Site for its First Manufacturing Facility in Montreal,…To view the full exhibit click here
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.