Wednesday, November 15, 2017 7:38:25 PM
November 15, 2017
MONTREAL, Nov. 15, 2017 (GLOBE NEWSWIRE) -- Loop Industries, Inc. (OTCQX:LLPP), a leader in sustainably produced polyethylene terephthalate (Polyester/PET) resin, announced today that following its due diligence review, it will not proceed with the purchase of the site in Montréal for construction of its first commercial manufacturing facility, as previously announced on October 4, 2017. The company is actively pursuing alternative options to begin large scale manufacturing to commercialize its technology.
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