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Loop Industries Inc. Company Profile

NASDAQ: LOOPBasic MaterialsSpecialty ChemicalsUSD

0.4002-0.0168 (-4.03%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Loop Industries at a glance

Loop Industries Inc. (NASDAQ: LOOP) is a Specialty Chemicals company in the Basic Materials sector headquartered in Terrebonne, QC, Canada. Loop Industries is led by Mr. Daniel Solomita and employs about 38 people. At a market capitalization of $19.4 million, it is considered a small-cap company.

Its SEC Central Index Key (CIK) is 0001504678, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Loop Industries do?

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into its base building block monomers. The company's technology depolymerizes plastic bottles, packaging, and textiles, such as carpets and clothing into base building block monomers, dimethyl terephthalate, and monoethylene glycol. Its polymerized monomers are used to create virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, containers for food, and other consumer products; and polyester fibers, including textiles, clothing, and apparel. Loop Industries, Inc. was founded in 2010 and is headquartered in Terrebonne, Canada.

Business description based on the company's public filings.

Company information

Legal name
Loop Industries Inc.
Ticker
NASDAQ: LOOP
Industry
Specialty Chemicals
CEO
Mr. Daniel Solomita
Employees
38
Headquarters
480 Fernand-Poitras, Terrebonne, QC, Canada
Phone
450 951 8555
Market cap
$19.36M
SEC CIK
0001504678

Companies similar to Loop Industries

LOOP peer companies
CompanyPrice% ChgMarket capCompare
BONBon Natural Life Limited Class A1.17+0.62%$9.53Mvs LOOP
YMATJ-Star Holding Co. Ltd. Class A1.30-0.76%$5.21Mvs LOOP
SNESSenesTech Inc.0.723-4.87%$3.83Mvs LOOP
BGLCBioNexus Gene Lab Corp1.25-7.24%$3.66Mvs LOOP
CNEYCN Energy Group Inc. Class A0.514+3.73%$2.89Mvs LOOP
CITRCitroTech Inc.2.93+1.03%$66.56Mvs LOOP
NTICNorthern Technologies International Corporation7.66+0.13%$72.71Mvs LOOP
FSIFlexible Solutions International Inc.6.05-3.66%$77.29Mvs LOOP

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