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PET specialist Loop Industries drums up $35m in fresh capital

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(CDN) – The Canadian firm Loop Industries has raised about $35m (US) in a capital increase. These proceeds are to be invested in building its first industrial-scale plant for chemical recycling of waste PET. The company issued around four million new shares at a price of $8.55 per share, which were acquired by the ...

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Article topics
Waste plastics
Mergers and acquisitions
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Business
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