Advertisement
Grab your lab coat. Let's get started
Welcome!
Welcome!
Create an account below to get 6 C&EN articles per month, receive newsletters and more - all free.
It seems this is your first time logging in online. Please enter the following information to continue.
As an ACS member you automatically get access to this site. All we need is few more details to create your reading experience.
Not you? Sign in with a different account.
Not you? Sign in with a different account.
ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Sustainability
Loop gets private equity backing
by Alexander H. Tullo
June 7, 2019
| A version of this story appeared in
Volume 97, Issue 23
Polymer recycling specialist Loop Industries has received a $35 million investment from Toronto-based private equity firm Northern Private Capital. As a result, it will own a 10.5% stake in Loop. The firm can also invest another $45 million in Loop over the next three years. Loop will use the funds to finance a joint venture with polyester maker Indorama that would break polyethylene terephthalate into its raw materials, dimethyl terephthalate and ethylene glycol. The two hope to start up a plant in 2020.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
You might also like...
The power is now in your (nitrile gloved) hands
Sign up for a free account to get more articles. Or choose the ACS option that’s right for you.
Already have an ACS ID? Log in
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on Twitter