Loop Industries and Reed Management Secure Major Financing and Establish French Joint Venture
Thursday, 30 May 2024, 19:52
Loop Industries and Reed Management Agreement
This article provides insights into the recent €35 million financing agreement between Loop Industries and Reed Management to fund the global commercialization of the Infinite Loop™ technology.
Formation of French Joint Venture
Additionally, the collaboration aims to establish a French joint venture, paving the way for market expansion and increased operational capabilities.
- Key Highlights: €35 million financing secured for global growth
- Strategic Move: Establishment of French joint venture to drive market penetration
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.