Loop Industries, Inc. Announces Appointment of Laurence Sellyn to the Board of Directors
April 10, 2018 at 04:44 am EDT
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Loop Industries, Inc. announced the appointment of Laurence Sellyn to the Board of Directors, effective immediately. Mr. Sellyn has assumed the role of the Lead Independent Director. Mr. Sellyn is an experienced corporate director and business advisor. Mr. Sellyn previously had a successful career in senior executive leadership positions with public companies spanning over 35 years. From 1999 until late in 2015, Mr. Sellyn was Executive Vice President, Chief Financial and Administrative Officer of Gildan Activewear Inc. During his tenure he played an important strategic role in Gildan's growth and development as it became a large capitalization public company respected for its corporate governance and corporate social responsibility practices and created significant value for its shareholders. Mr. Sellyn serves on the Board of Directors of Cascades Inc. where he chairs the Corporate Governance Committee and serves on the Audit and Finance Committee.
Loop Industries, Inc. is a Canada-based clean technology company. The Company owns patented and proprietary technology that depolymerizes noand low-value waste polyethylene terephthalate (PET) plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling its customers to meet their sustainability objectives. Its Infinite Loop provides an end-to-end industrial solution to supply the global demand for Loop PET resin made from recycled content. Loop PET plastic and polyester fiber can be recycled infinitely. The Company reduces plastic waste and recovering waste plastic.
LOOP INDUSTRIES, INC. 
