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To: donpat who wrote (10)9/14/2017 8:33:25 AM
From: donpat
   of 20
 
Date: 9 September 2017 Sector: Telecommunications Services Industry: Integrated Telecommunications Services


TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim.
Latest fiscal year: 2017; Most recent quarter: 1; Fiscal year end month: N/A;
All Ratios are calculated for the latest fiscal year end unless otherwise indicated.
Data Source: Reuters Fundamentals
Business Summary
Loop Industries, Inc., formerly First American Group Inc., is a manufacturer of Purified Terephthal-hic 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 useswaste 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, in-dustrial 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.

solresearch.scotiabank.com

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From: donpat10/4/2017 8:34:54 AM
   of 20
 
Loop Industries Announces Agreement to Purchase Site for its First Manufacturing Facility in Montreal, Canada

October 04, 2017

Since Release
$14.97

Loop Industries, Inc. (OTCQX: LLPP) (“Loop Industries” or “Loop” or the “Company”) announced today that it has agreed to purchase the site where it plans to build the Company’s first manufacturing facility. The industrial site is located in Montreal, Canada. Completion of the manufacturing facility is planned for Q4 2018. Along with other conditions, the purchase offer is conditioned on the zoning acceptance by the city of Montreal East. The purchase price is $1,200,000 Cdn.

The new facility is anticipated to have a total processing capacity of approximately 53 million pounds (24,000 M/T) per year of waste PET/polyester plastic. The resulting Purified Terephthalic Acid (PTA) and Mono Ethelyne Glycol (MEG) will be used to manufacture Loop™ branded PET resin. The Loop™ branded PET resin is anticipated to be commercially available in Q1 2019.

Additionally, the Company has sourced several streams of waste PET/polyester plastic feedstocks as well as identified potential customers who have indicated that they will purchase the production from this new facility.

Daniel Solomita, Loop Industries’ Founder and CEO, commented, “Over the past 18 months we have successfully operated our pilot plant and in the process, we were able to significantly improve and optimize our patented depolymerization process. The acquisition of this site and the building of our first commercial scale plant is a tremendous first step towards the expansion of Loop Industries’ technology. Our goal is to provide Loop™ branded PET resin to sustainability-committed consumer goods companies focused on improving the environmental impact of PET plastic packaging. Loop’s technology permits for low quality PET/Polyester feedstocks such as polyester fibers, colored PET plastics and opaque PET plastics to be upcycled into high value chemicals. Loop’s technology is poised to accelerate the world’s shift towards a sustainable, circular economy that decouples PET plastic and polyester fiber from fossil fuels.”


businesswire.com

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From: donpat11/20/2017 8:36:06 AM
   of 20
 
Loop Industries Announces Uplisting to The NASDAQ Global Market

November 20, 2017

MONTREAL, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Loop™ Industries, Inc. (NASDAQ:LOOP), a leader in sustainably produced polyethylene terephthalate (Polyester/PET) resin, today announced that its shares of common stock were approved for listing on The NASDAQ Global Market. The shares will commence trading today under the trading symbol "LOOP."

“The listing of our shares on The NASDAQ Global Market represents a very exciting and important milestone for Loop as we move forward with our planned expansion and path to commercialization for our revolutionary technology,” said Daniel Solomita, founder and CEO of Loop Industries. “We believe listing on NASDAQ will open new doors for our Company with heightened exposure, better access to Wall Street and stronger liquidity. We look forward to sharing our investment story with a global audience as we continue our groundbreaking work in accelerating the world’s shift toward sustainable plastic.”

About Loop Industries, Inc.

Loop Industries is an environmentally responsible manufacturer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG), the fundamental chemical components used in manufacturing polyethylene terephthalate (PET). PET plastic is most commonly found in beverage bottles, consumer packaging and polyester fiber. Loop Industries' proprietary process sustainably converts waste plastics into high purity PTA and MEG that can be used to create up to 100 percent recycled food-grade PET resin. This commercial-grade PET resin can be used in a variety of bottling, consumer packaging and other industrial applications. globenewswire.com

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From: donpat1/18/2018 9:03:11 AM
   of 20
 
Loop Industries Announces Strategic Initiative to Support evian’s Commitment to Adopt a Circular Approach to Plastic Usage

Loop’s Breakthrough Technology to Play a Key Role in evian’s Initiative to Make All of Its Plastic Bottles from 100% Recycled Plastic by 2025

January 18, 2018

MONTREAL, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Loop™ Industries, Inc. (NASDAQ:LOOP) (the “Company” or “Loop”), a leader in the sustainable plastic revolution, today announced a strategic initiative with evian® as part of a long-term Danone global partnership, to enable evian’s 100% “circular approach” to plastic usage by 2025. In partnership with evian, Loop joins a respected group of intergovernmental and not for profit organizations, industry and brand partners in accelerating the global transition to a circular economy – one that reuses and regenerates resources – rather than the traditional linear economy that relies on finite resources.

“Today’s announcement by evian is the result of 18 months of positive collaboration with evian and the R&D and purchasing teams of its parent company Danone,” said Daniel Solomita, Loop's Founder and CEO. "I am personally very appreciative of Danone’s support and belief in the potential of Loop’s technology to transform the global PET/polyester plastics industry. Loop™ branded resin is poised to become the gold standard for sustainably produced PET/polyester."

In the announcement made today by evian, the company stated that in order to achieve its 2025 ambition, it is partnering with “breakthrough technology companies, one of which is Loop Industries.” The evian press release goes on to state that “Loop Industries has developed a technology that enables a continuous loop for recycling at large scale, transforming all types of PET plastic waste into the high-quality plastic required by evian.”

Loop’s Revolutionary Technology

Our revolutionary technology decouples PET/polyester plastic from fossil fuels by depolymerizing all forms of waste PET/polyester into its base building blocks (monomers). The resulting monomers are then repolymerized into virgin-quality polyester plastic, enabling a true circular economy. Loop’s technology allows for low value and no value waste such as carpets and clothing to be up-cycled into high value consumer goods packaging such as water bottles. Our patented technology specifically targets PET/polyester plastic allowing for the removal for all waste impurities, such as colors, dyes, labels and non-PET/polyester plastic waste.


“Our disruptive technology is helping partner brands reach and exceed their stated sustainability goals,” Solomita explained. “Iconic brands such as evian recognize the benefits of our technology in accelerating the transition to the circular economy envisioned by The Ellen MacArthur Foundation and other thought leaders in industry, government and academia. We are now focusing on global commercialization of our technology through manufacturing partnerships to supply Loop™ branded PET/polyester resin.”

2018 World Economic Forum at Davos
Loop management will attend the World Economic Forum Annual Meeting taking place on January 23-26, 2018 in Davos-Klosters, Switzerland. Loop will demonstrate its revolutionary depolymerization technology at a private dinner for invited guests and media outlets. Investors and media interested in meeting with Loop executives should contact Loop investor relations at info@loopindustries.com. Information about the World Economic Forum is available at weforum.org.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to disrupt the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks. Our process results in the production of monomers that are readily purified to produce virgin-quality polyester/PET plastic that meets FDA requirements for use in food-grade packaging. Loop™ branded polyester resin allows consumer goods companies to meet and exceed their stated sustainability goals and circular ambitions. loopindustries.com

About evian

evian natural mineral water comes from the heart of the French Alps, a unique geological site in the world. For more than 15 years, it travels through the rocks, where it is enriched with essential minerals. The brand has been working for over 25 years to preserve natural surroundings of the source, in an effort to preserve evian natural mineral water’s exceptional quality for generations to come. Naturally pure and uniquely balanced, evian natural mineral water is a healthy choice throughout the day.
evian, as part of the Danone company, embraces the One Planet. One Health vision that the health of the people and the health of the planet are interconnected and therefore seeks to protect and nourish both.

evian.com

Forward-Looking Statements

This news release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop Industries’ control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology, (ii) development and protection of our intellectual property, (iii) industry competition, (iv) our ability to raise capital to expand our operations, (v) product demand, market and customer acceptance of our products, (vi) our ability to conduct operations if there are changes in laws, regulations or government policies related to our business, and (vii) general industry and market conditions and growth rates and general economic conditions. More detailed information about Loop Industries and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC). Investors and security holders are urged to read these documents free of charge on the SEC's web site at sec.gov. Loop Industries assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Contacts

Financial Profiles:

Investors:
Lauren Crawford
310.622.8239
Johan Yokay
310.622.8241
loop@finprofiles.com

Media:
Tricia Ross
310.622.8226
loop@finprofiles.com


News powered by iR Direct — Copyright © 2018 Issuer Direct Corporation.
All Rights Reserved.

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From: donpat1/18/2018 4:55:02 PM
   of 20
 
Loop Industries Announces Net Loss of $6.7 million for the Third Quarter 2018, including $4.4 million Non-Cash Compensation Costs
Pilot Plant Expansion to Increase Capacity and Demonstrate Continuous Operations
Private Common Stock Issuance of $7.4 million

MONTREAL, January 12, 2018 (GLOBE NEWSWIRE)-- Loop™ Industries, Inc. (NASDAQ: LOOP) (the “Company” or “Loop”), an innovative technology company leading the sustainable plastic revolution, today announced financial results for its third quarter of fiscal 2018, ended November 30, 2017, and provided an update on its financing plans.

Third Quarter 2018 Financial Results
Loop Industries reported a net loss of $6.7 million for the three months ended November 30, 2017, an increase in net loss of $6.0 million compared to a net loss of $0.7 million for the same period in the prior year. The increase in net loss is primarily explained by non-cash stock-based compensation expense of $4.4 million of which $3.2 million relates to the immediate vesting of equity grants during the quarter which management doesn’t expect to repeat in the future.

Other factors impacting the quarter were an increase in professional advisory services of $0.4 million, increase in staff compensation of $0.4 million, and $0.3 million in connection with increased research and development expenses.

Research and development expenses were $3.9 million for the three months ended November 30, 2017, compared to $0.4 million for the prior year period. The increase was driven primarily by higher non-cash stock-based compensation expense and other design and planning costs related to the Company’s pilot plant.

General and administrative expenses were $2.7 million for the three months ended November 30, 2017, compared to $0.3 million for the prior year period. The increase was driven by higher non-cash stock-based compensation expense, increased legal and accounting fees, as well as filing fees related to Loop’s recent listing on the NASDAQ Capital Market exchange.

Pilot Plant Expansion
On December 11, 2017, the Company entered into a promise to purchase the land and building housing our pilot plant in Terrebonne, Quebec, which is the site of Loop’s Innovation Hub and corporate office, for a total consideration of $2.2 million. The pilot plant was built to optimize and demonstrate Loop’s disruptive depolymerization technology, and will be expanded to increase capacity and demonstrate continuous operations in preparation of the Company’s next phase of large scale commercialization.


Private Placement of Common Stock
On January 9, 2018, the Board approved plans to complete an equity private placement wherein the Company expects to raise between $7 and $8 million. As of January 11, 2018, the Company has raised $7.4 million and management expects that current cash on hand will be sufficient to fund ongoing operations for the next twelve months, including funding the purchase of the pilot plant facility.

CEO Commentary
“We appreciate the support of our shareholders who have continued to finance the Company’s growth strategy and provide their support for the potential of Loop’s technology to disrupt the global polyester plastics market,“ said Daniel Solomita, Loop’s founder and CEO. “We are excited as we move towards commercialization of our revolutionary technology in 2018, supported by offtake contracts with global consumer goods companies for Loop™ branded PET resin.”

As stated in the Plan of Operations in Management’s Discussion and Analysis on Form 10-Q that was filed with the SEC today, the Company currently intends to commercialize its operations primarily by adopting a model of licensing its technology to selected world-class multi-national supply chain manufacturing partners with whom it will work in close collaboration.

About Loop Industries, Inc.
Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to disrupt the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerised to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. Loop™ branded polyester resin allows consumer goods companies to meet and exceed their stated sustainability goals and circular ambitions.

loopindustries.com

irreach.com

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To: donpat who wrote (15)1/18/2018 5:01:44 PM
From: donpat
   of 20
 
Evian/Danone
Danone’s support and belief in the potential of Loop’s technology to transform the global PET/polyester plastics industry. Loop™ branded resin is poised to become the gold standard for sustainably produced PET/polyester.

en.m.wikipedia.org

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To: donpat who wrote (17)1/18/2018 5:19:33 PM
From: donpat
   of 20
 
Danone's Evian vows to use 100 percent recycled plastic in bottles by 2025


Dominique Vidalon
3 MIN READ

PARIS (Reuters) - Evian, Danone’s popular mineral water brand, on Thursday became the latest consumer goods group to undertake pledges on recycling plastic, as companies around the world aim to bolster their credentials regarding helping the environment.

An Evian logo, part of Danone food company, is pictured outside the Evian water bottling plant in Publier near Evian-les-Bains, France, September 12, 2017.

REUTERS/Denis Balibouse

Evian vowed to make all its plastic bottles from 100 percent recycled plastic by 2025, compared to 25 percent at present, in order to tackle the issue of waste.

The move comes as consumer goods companies seek to deal with criticism that packaging and transporting goods across the world causes undue environmental damage, as millions of tonnes of plastic waste end up in landfills and in the oceans.

Further highlighting the issue's prominence, last year Nestle - which owns the Perrier and Vittel water brands - strengthened ties with a non-governmental organization, which will monitor some 20 Nestle sites. (bit.ly/2Di3zhp)

Evian is teaming up with Loop Industries,
which has developed a new technology to transform all types of Polyethylene Terephthalate (PET) plastic waste into the high-quality plastic Evian requires, to redesign its packaging.

Evian will invest a “significant” albeit undisclosed sum of money to reach its goal. The company is also calling for co-operation across industries regarding the issue.

“We want to adopt a circular model where 100 percent of our plastic bottles will become bottles again. This will enable plastic to evolve from potential waste to become a valuable resource,” Evian global brand director Patricia Oliva told Reuters.

In the process Evian currently uses to recycle plastic, ‘PET’ cannot be recycled more than three times because the quality suffers. With Loop’s technology, Evian will be able to recycle the plastic again and again, retaining the same quality.

Danone is the world’s third-largest bottled water company, and Evian is its marquee label in a portfolio that also has the Badoit and Volvic brands.

In September, Evian inaugurated its modernized, carbon-neutral bottling plant in the spa town of Evian-Les-Bains close to Lake Geneva, and Danone aims to make Evian its first, major carbon-neutral mineral water brand by 2020.

Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta

Our Standards:The Thomson Reuters Trust Principles.

reuters.com

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From: donpat1/24/2018 1:21:05 PM
   of 20
 
Loop Industries Announces Strategic Initiative to Support evian’s Commitment to Adopt a Circular Approach to Plastic Usage

Loop’s Breakthrough Technology to Play a Key Role in evian’s Initiative to Make All of Its Plastic Bottles from 100% Recycled Plastic by 2025

18 January 2018 | 7:30 AM ET | Source: Loop™ Industries, Inc.

MONTREAL, 18 January 2018 (GLOBE NEWSWIRE)-- Loop™ Industries, Inc. (NASDAQ: LOOP) (the “Company” or “Loop”), a leader in the sustainable plastic revolution, today announced a strategic initiative with evian® as part of a long-term Danone global partnership, to enable evian’s 100% “circular approach” to plastic usage by 2025. In partnership with evian, Loop joins a respected group of intergovernmental and not for profit organizations, industry and brand partners in accelerating the global transition to a circular economy – one that reuses and regenerates resources – rather than the traditional linear economy that relies on finite resources.

“Today’s announcement by evian is the result of 18 months of positive collaboration with evian and the R&D and purchasing teams of its parent company Danone,” said Daniel Solomita, Loop’s Founder and CEO. “I am personally very appreciative of Danone’s support and belief in the potential of Loop’s technology to transform the global PET/polyester plastics industry. Loop™ branded resin is poised to become the gold standard for sustainably produced PET/polyester.”

In the announcement made today by evian, the company stated that in order to achieve its 2025 ambition, it is partnering with “breakthrough
technology companies, one of which is Loop Industries
.” The evian press release goes on to state that “Loop Industries has developed a technology that enables a continuous loop for recycling at large scale, transforming all types of PET plastic waste into the high-quality plastic required by evian.”

Loop’s Revolutionary Technology
Our revolutionary technology decouples PET/polyester plastic from fossil fuels by depolymerizing all forms of waste PET/polyester into its base building blocks (monomers). The resulting monomers are then repolymerized into virgin-quality polyester plastic, enabling a true circular economy.

Loop’s technology allows for low value and no value waste such as carpets and clothing to be up-cycled into high value consumer goods packaging such as water bottles. Our patented technology specifically targets PET/polyester plastic allowing for the removal for all waste impurities, such as colors, dyes, labels and non-PET/polyester plastic waste.

“Our disruptive technology is helping partner brands reach and exceed their stated sustainability goals,” Solomita explained. “Iconic brands such as evian recognize the benefits of our technology in accelerating the transition to the circular economy envisioned by The Ellen MacArthur Foundation and other thought leaders in industry, government and academia. We are now focusing on global commercialization of our technology
through manufacturing partnerships to supply Loop™ branded PET/polyester resin.”

2018 World Economic Forum at Davos
Loop management will attend the World Economic Forum Annual Meeting taking place on January 23-26, 2018 in Davos-Klosters, Switzerland.

Loop will demonstrate its revolutionary depolymerization technology at a private dinner for invited guests and media outlets.

Investors and media interested in meeting with Loop executives should contact Loop investor relations at info@loopindustries.com.

Information about the World Economic Forum is available at weforum.org.
weforum.org

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To: donpat who wrote (19)1/24/2018 1:42:43 PM
From: donpat
   of 20
 
These 11 innovations will tackle the causes of ocean plastic pollution, not just the symptoms

We have seen the list of major brands, retailers and packaging companies working towards using 100% reusable, recyclable or compostable packaging by 2025 or earlier has grown to 11 – Amcor, Ecover, evian, L’Oréal, Mars, M&S, PepsiCo, The Coca-Cola Company, Unilever, Walmart and Werner & Mertz – together representing around 6 million tonnes of plastic packaging per year.

In December, the French government reaffirmed its commitment towards systemic solutions, pledging to recycle 100% of plastics by 2025. In March they will unveil a circular economy roadmap of the practical steps needed to realize those ambitions. The benefits include new jobs and increased competitiveness and innovation according to Brune Poirson, Secretary of State to the Minister for the Ecological and Inclusive Transition.

In the UK, WRAP and the Ellen MacArthur Foundation have announced a partnership to establish the first national implementation initiative of the New Plastics Economy in the UK, a unique government-backed collaboration bringing together businesses, governments and other stakeholders to make step changes in creating and implementing circular economy solutions to plastic waste.

Others around the world must follow their lead.

weforum.org

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