Brief: Loop Industries- Got Notice From Coca-Cola Cepg Of Intention To Terminate Master Terms And Conditions Supply Agreement For Loop Pet Plastic
04/11/2020 14:31
Nov 4 (Reuters) - Loop Industries Inc LOOP.O :
* LOOP INDUSTRIES - GOT NOTICE FROM COCA-COLA CEPG OF
INTENTION TO
TERMINATE MASTER TERMS AND CONDITIONS SUPPLY AGREEMENT FOR LOOP
PET PLASTIC ( "MTC")
* LOOP INDUSTRIES - CEPG ADVISED CO IT IS TERMINATING MTC
BECAUSE
CO DID NOT SATISFY ITS FIRST PRODUCTION MILESTONE FROM JOINT
VENTURE FACILITY BY JULY
Source text: https://bit.ly/3mMsL1O
Further company coverage: LOOP.O
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