Loop Industries, Inc. announced that it has appointed Shaun Higgins to the board of directors of the company as of October 6, 2017. Mr. Higgins, former President of Coca Cola Enterprises Europe, brings extensive experience and will be instrumental in helping Loop Industries navigate its continued growth. Mr. Higgins has thirty years of global experience in the beverage industry, and five years experience in public accounting. He served in a number of senior level positions in the Coca Cola system before becoming President of Coca Cola Enterprises Europe, ncluding, President and COO of Coca Cola Canada, Chief Strategist and Planning Officer, and Chief Financial Officer of Coca Cola Enterprises. Mr. Higgins currently sits on a number of other public and private company boards, serves as an executive coach to senior corporate leaders and is a beverage industry consultant. Brian Young, who has served as a director of the company since 2016, has informed the company of his decision to retire from the board.
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. 
