(LOOP) Loop Industries - Ratings and Ratios

Loop Industries, Inc. is a technology-driven company specializing in the depolymerization of waste polyethylene terephthalate (PET) plastics and polyester fibers. The companys innovative process breaks down post-consumer waste, including plastic bottles, packaging materials, carpets, textiles, and even degraded ocean plastics, into their base monomers. These monomers are then repolymerized into virgin-quality PET resins and polyester fibers, suitable for use in food-grade packaging, textiles, and other consumer products. Loops proprietary technology enables the production of high-purity materials that meet FDA standards for food-contact applications, addressing the growing demand for sustainable and circular solutions in the plastics industry.

Founded in 2010 and headquartered in Terrebonne, Canada, Loop Industries operates at the intersection of advanced chemical engineering and environmental sustainability. The companys focus on transforming waste PET into reusable materials aligns with global efforts to reduce plastic pollution and promote a circular economy. Its products are used in various industries, including beverage packaging, textiles, and consumer goods, offering brands a pathway to meet their sustainability goals while maintaining product quality and performance.