Loop Inds

LOOP NASDAQ
13.26
+0.26
+2.00%
Closed 16:00 08/16 EDT
Open
13.01
Prev Close
13.00
High
13.34
Low
13.01
Volume
26.29K
Avg Vol (3M)
84.71K
52 Week High
14.45
52 Week Low
5.69
% Turnover
0.07%
Market Cap
517.31M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Loop Industries Inc is a Canada-based technology company focused on plastics production. Through its patented technology, the Company produces Polyethylene terephthalate (PET)/Polyester plastic from fossil fuels by depolymerizing waste PET plastic and polyester fiber (water bottles, soda bottles, consumer packaging, carpets, polyester textiles and industrial waste) into its base building blocks. The Company’s technology allows waste PET plastics to be upcycled into PET packaging for consumer goods companies. It specifically targets PET/Polyester plastic allowing the removal of all impurities, such as colors/dyes, labels and all organic and inorganic waste.
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