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Infinite Loop Europe plans a triple digit million investment in the Industrial Park Lausitz in Germany
The first European facility for recycling PET plastic waste by the Canadian company Loop Industries is to be built at the Industrial Park Lausitz in Schwarzheide in Germany. Infinite Loop Europe, a joint venture between Loop Industries and the REED – Societe Generale Group, intends to invest a triple‑digit million amount in the new facility. The investor plans to create around 150 jobs.