Loop Industries expands supply agreement with Danone for 100% sustainable PET packaging
This agreement requires Danone to purchase 100% sustainable and upcycled Loop branded PET for use in brands across its portfolio.
Loop Industries, Inc., Canada, completed a multi-year supply agreement with Danone SA, France.
This agreement requires Danone to purchase 100% sustainable and upcycled Loop branded PET from Loop’s joint venture facility with Indorama Ventures Ltd., Bangkok, for use in brands across its portfolio.
“On behalf of our team, I’d like to thank Danone for their continued support and commitment to Loop, sustainability and the circular economy,” says Daniel Solomita, founder and CEO of Loop Industries. “We are pleased to see our relationship extend to now include the supply of Loop branded PET resin to other of Danone’s exciting brands.”