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image: Forbes

PepsiCo, Loop Industries Enter into Sustainable Plastic Agreement

October 12, 2018

Via: Waste360

Loop Industries, a technology innovator in sustainable plastic, and PepsiCo announced they have entered into a multiyear supply agreement that will enable PepsiCo to purchase production capacity from Loop’s joint venture facility in the United States and incorporate Loop PET plastic, which is 100 percent recycled material, into its product packaging by early 2020.

As the demand for sustainable packaging solutions continues to grow, Loop Industries has emerged with technology that allows no and low value plastics to be diverted, recovered and recycled endlessly into new, virgin-quality Loop PET plastic.

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