Loop Industries, Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Daniel Solomita
- Full Time Employees
- 41
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- 480 Fernand-Poitras Terrebonne Terrebonne QC Canada J6Y 1Y4
- IPO Date
- Sep 27, 2012
- CIK
- 0001504678
- Website
- loopindustries.com
- Similar Companies
- Business
- Loop Industries, Inc. (NASDAQ: LOOP) develops and commercializes proprietary depolymerization technology that transforms low-value waste polyethylene terephthalate (PET) plastic and polyester fiber waste, including bottles, packaging, textiles, carpets, and ocean plastics, into high-purity dimethyl terephthalate (DMT) and monoethylene glycol (MEG) monomers for repolymerization into virgin-quality sustainable PET resin and polyester products; core offerings encompass recycled PET resin for beverage and consumer packaging applications, rDMT and rMEG for chemical and PET manufacturers, specialty polymers such as Twist polyester resin tailored for textile-to-textile recycling with complete traceability for apparel brands, and Infinite Loop technology licensing for advanced manufacturing facilities. The company operates primarily in the clean technology and enhanced chemical recycling sectors, targeting global consumer goods manufacturers, packaging firms, textile and apparel brands, and chemical producers to enable circular supply chains and reduce reliance on fossil fuels. Founded in 2015 and headquartered at 480 Rue Fernand-Poitras in Terrebonne, Quebec, Canada, Loop Industries maintains a production facility in Terrebonne and pursues international expansion through joint ventures and licensing. Recent developments include the December 2024 closing of a convertible preferred financing and inaugural Infinite Loop technology license sale to Reed Societe Generale Group, a European partnership 90%-owned by Reed (majority-held by Societe Generale) and 10% by Loop, generating €10 million upfront plus milestone payments to fund European facility deployment and operations; advancement of the Infinite Loop India joint venture with Ester Industries Ltd. for a 70,000-tonne annual facility producing rDMT, rMEG, and specialty polymers starting in 2027; a November 2025 multi-year offtake agreement with Nike for sustainable materials; July 2025 launch of Twist polyester resin from the Terrebonne facility and planned production at the India site; and expanded offerings into spun polyester fiber via a global spinning partner network to serve the circular fashion industry as a Tier 3 supplier.
Company News
Loop Industries, Inc. (LOOP) Q2 2027 Earnings Call Transcript
Loop Industries (NASDAQ:LOOP) and Mativ (NYSE:MATV) Financial Comparison
Loop Industries, Inc. (LOOP) Reports Q2 Loss, Misses Revenue Estimates
Loop Industries Reports Second Quarter Fiscal 2027 Results and Announces Plan to Expedite Development of India Facility
Loop Industries to Host Second Quarter Fiscal 2027 Earnings Conference Call
Loop Industries Forms Strategic Alternatives Committee to Maximize Shareholder Value
Loop Industries Appoints Jeff Geygan as Chairman of the Board
Loop Industries, Inc. (LOOP) Q1 2027 Earnings Call Transcript
Loop Industries, Inc. (LOOP) Reports Q1 Loss, Misses Revenue Estimates
Loop Industries Reports First Quarter Fiscal 2027 Results and Provides Update on Progress Towards Commercialization
Loop Industries Announces Date for First Quarter Fiscal 2027 Financial Results and Conference Call
Loop Industries Appoints Institutional Shareholder Jeff Geygan to Board; GVIC Outlines Intent to Increase Ownership Stake to 10%
Loop Industries Secures Funding to Support Commercial Deployment of Proprietary Chemical Recycling Process for Hard-to-Recycle Plastic Waste
Loop Industries, Inc. (LOOP) Q4 2026 Earnings Call Transcript
Loop Industries Q4 Earnings Call Highlights
Loop Industries Reports Fourth Quarter and Full Year Fiscal 2026 Results and Provides Update on Business Developments
Loop Industries Secures Gujarat Government Alignment Supporting First Commercial Deployment and Multi-Phase India Expansion
Loop Industries to Host Fourth Quarter 2025 Earnings Conference Call
Loop Industries (NASDAQ:LOOP) Share Price Crosses Above 200 Day Moving Average – Should You Sell?
Loop Industries to Present at Gabelli Waste & Sustainability Symposium