0.25
-0.36%
Close of 9 Nov 2026, in USD
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About Loop Industries
From its filings with the US Securities and Exchange Commission
Loop Industries is based in Terrebonne, Quebec, Canada and is incorporated in Nevada. Its shares trade on Nasdaq under the ticker LOOP. The SEC classifies its business as chemicals & allied products. In the fiscal year to 28 February 2025, it reported revenue of $10.9m.
Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles, packaging, and textiles such as carpets and clothing, into its base building block monomers, DMT and MEG. The monomers are separated, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, helping to close the plastic loop. Loop Industries is committed to contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.
Loop plans to commercialize the Infinite Loop™ technology by developing facilities throughout the world which use its technology to produce rPET. These facilities will be developed through a combination of direct investments with strategic partners and the licensing of its technology to companies with industry expertise.
Quoted from its 10-K, filed 27 May 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 27 Sept 2012
- Employees
- 41
- Website
- loopindustries.com ↗
- Head office
- 480 FERNAND POITRAS, TERREBONNE, A8, J6Y 1Y4
- Incorporated in
- NV
- Classification
- Chemicals & Allied Products
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Daniel SolomitaChairman of the Board, President, Chief Executive Officer, since 2015$661,549
- Mr. Spencer HartChief Financial Officer, Director, since 2025$33,854
- Mr. Nicolas LafondInterim Chief Financial Officer
- Mr. Adel EssaddamChief Operating Officer
- Mr. Stephen ChampagneChief Technology Officer$258,771
- Mr. Giovanni CatinoChief Revenue Officer
- Mr. Laurence SellynLead Independent Director$160,384
- Mr. Laurent AugusteDirector$95,384
- Ms. Louise SamsIndependent Director$110,384
- Mr. Jay StubinaIndependent Director$110,384
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Loop Industries Inc has several strengths that contribute to its success in the market:
Weaknesses
- Despite its strengths, Loop Industries Inc also faces certain weaknesses:
Opportunities
- Loop Industries Inc can leverage the following opportunities to further grow its business:
Threats
- Loop Industries Inc should be mindful of the following threats that may impact its business:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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