Loop Industries announces memorandum of understanding for USD 66 million of non-dilutive financing from Reed Management
Loop Industries, Inc., a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled PET plastic and polyester fiber, announced this week that it had signed a non-binding Memorandum of Understanding (MOU) with Reed, a European investment firm focused on high impact and technology-enabled infrastructure.
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