Technology firm Loop Industries has announced that it has completed a multi-year supply agreement with food and beverage firm Danone.
As part of the agreement, Danone will purchase 100% sustainable and upcycled Loop branded PET from Loop’s joint venture facility with Indorama Ventures in the United States.
Danone will use the PET for use in brands across its range, including Evian Water.
Loop Industries founder and chief executive Daniel Solomita said: “On behalf of our team, I’d like to thank Danone for their continued support and commitment to Loop, sustainability and the circular economy. We are pleased to see our relationship extend to now include the supply of Loop branded PET resin to other of Danone’s exciting brands.”