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Loop Industries

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LOOP (NasdaqGM)

  • Company RatingNeutral
  • SectorBasic Materials
  • IndustrySpecialty Chemicals

Loop Industries is a technology company focused on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into their base building block monomers. Its process breaks down bottles, packaging, carpets, and clothing into dimethyl terephthalate (DMT) and monoethylene glycol (MEG). These monomers are then polymerized into virgin-quality PET resins for food-grade packaging and polyester fibers for textiles. Founded in 2010, it is based in Terrebonne, Canada.

Company score

Sentiment
0.46
Environment
0.55
Social
0.20
Governance
0.03
Sustainability
0.25
Impact Score
0.35
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