---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-005554"
form_type: "8-K"
ticker: "LOOP"
cik: "0001504678"
company_name: "Loop Industries, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:20:48.080757+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Loop Industries and SK Geo Centric form JV to deploy depolymerization tech in Asia

## Summary
- SKGC owns 51%, Loop 49% of venture headquartered in Singapore.
- First plant in Ulsan, S. Korea: 70k metric tons/yr capacity, groundbreaking 2023, completion by end 2025.
- Venture gets exclusive rights to Loop's technology in Asia for prescribed period; Loop receives annual royalty per plant.
- Plans target at least three additional commercial facilities in Asia by 2030.
- SKGC gets right of first refusal for any Loop manufacturing facilities in US/Canada during exclusivity period.

## SEC filing metadata
- accession: 0001654954-23-005554
- form_type: 8-K
- ticker: LOOP
- cik: 0001504678
- company_name: Loop Industries, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504678/000165495423005554/0001654954-23-005554-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504678/000165495423005554/loop_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-005554
- JSON: https://secwatch.observer/filing/0001654954-23-005554.json
- Plain text: https://secwatch.observer/filing/0001654954-23-005554.txt

## Key facts
- Material Agreements
  Loop Industries, Inc. entered into Agreement with SK Geo Centric Co., Ltd (effective 2023-04-27).
  - Action: entry
  - Counterparty: SK Geo Centric Co., Ltd
  - Effective: 2023-04-27
  source text: On April 27, 2023, Loop Industries, Inc. (the “Company” or “Loop”) entered into an agreement (the “Agreement”) by and between the Company and SK Geo Centric Co., Ltd (“SKGC”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504678/000165495423005554/0001654954-23-005554-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.