Loop Industries, Inc.

Loop Industries operates a chemical recycling platform focused on depolymerizing post-consumer and post-industrial plastic waste back into virgin-quality monomers. The company's proprietary technology breaks down polyethylene terephthalate (PET) plastics—sourced from discarded bottles, packaging, carpets, and textiles—into dimethyl terephthalate and monoethylene glycol. These base building blocks are then polymerized into PET resins suitable for food-grade applications and polyester fibers for textile production.

The company's primary end markets include plastic packaging manufacturers seeking recycled content for water bottles, carbonated beverage containers, and food packaging, as well as textile and apparel producers. The technology addresses both plastic waste streams and polyester fiber scrap, positioning the company across multiple consumer product categories.

Loop Industries operates with a small workforce of approximately 40 full-time employees and maintains headquarters in Terrebonne, Quebec, Canada. The company is incorporated in Nevada and trades on the Nasdaq exchange. With a market capitalization around $100 million, the company represents the specialty chemicals and advanced materials segment within the basic materials sector, focusing on closing-loop plastic recycling rather than virgin polymer production.