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Loop Industries Inc - Stock Quote LOOP

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Morningstar's Loop Industries Inc Stock Analysis

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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

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Key Statistics - LOOP

Loop Industries Inc's Company Profile

Business Description

Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

Contact
480 Fernand-Poitras
Terrebonne, QC, J6Y 1Y4, Canada
T +1 450 951-8555
Industry Specialty Chemicals
Most Recent Earnings Feb 28, 2022
Fiscal Year End Feb 28, 2023
Stock Type Distressed
Employees 89