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About Loop Industries

Loop Industries (NASDAQ:LOOP) is a technology company specializing in the recycling of plastic. Their unique process breaks down no- and low-value plastics into their base building blocks, which can then be repurposed into high-quality, food-grade PET plastic, contributing to a circular economy. Loop Industries is passionate about reducing plastic pollution and advancing towards a more sustainable future by transforming waste into value. As of my last update, it is traded on the NASDAQ under the symbol LOOP, providing investors with an opportunity to support its innovative recycling technology and growth in the green tech sector. Through its projects, Loop aims to forge strong partnerships across the supply chain, driving the global shift towards sustainable plastic production and consumption.

What is LOOP known for?

Snapshot

Public US
Ownership
2014
Year founded
60
Employees
Terrebonne, Canada
Head office
1 of 3
US Rank
Unknown
Sector
N/A
Sector rank
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Operations

All Locations
Terrebonne, CA

Products and/or services of Loop Industries

  • Infinite Loop™ technology transforms low-value plastics into high-quality PET plastic and polyester fiber, significantly improving recycling efficiency.
  • Partnership projects with major global consumer brands aim to supply sustainable PET plastic for packaging needs.
  • Joint venture for Europe’s first Infinite Loop™ manufacturing facility, enhancing PET plastic recycling capabilities on the continent.
  • Collaboration with SUEZ to build Infinite Loop™ recycling facilities, focusing on converting waste plastics into sustainable resources.
  • Development of depolymerization technologies capable of breaking down polyester and polycarbonate materials for reuse in new products.
  • Supply agreements with beverage companies to provide recycled PET resin, supporting the shift towards circular plastics economy.

Loop Industries executive team

  • Mr. Daniel SolomitaFounder, Chairman of the Board, CEO & President
  • Mr. Spencer HartIndependent CFO, Principal Accounting Officer & Director
  • Mr. Stephen ChampagneChief Technology Officer
  • Mr. Adel EssadamChief Operating Officer
  • Mr. Kevin C. O'DowdVice President of Communications & Investor Relations
  • Mike De NotarisVice President of Corporate Development
  • Mr. Giovanni CatinoChief Revenue Officer

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