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Loop Industries Inc V.LOOP


Primary Symbol: LOOP

Loop Industries, Inc. is a clean technology company, focused on circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (PET) plastic and polyester fiber. The Company owns patented technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles 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). The monomers are filtered, purified and polymerized to create virgin-quality Loop branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling its customers to meet their sustainability objectives. It also intends to leverage the Infinite Loop Technology to expand into specialty chemicals and polymers through a product offering of lower carbon footprint recycled dimethyl terephthalate (rDMT), recycled monoethylene glycol (rMEG) and specialty polymers.


NDAQ:LOOP - Post by User

Comment by Mellymelrascalon Jun 23, 2020 8:09am
173 Views
Post# 31179744

RE:RE:LOOPShare Announces Partnership with Moduurn Mobility Inc.

RE:RE:LOOPShare Announces Partnership with Moduurn Mobility Inc.Care to share how the shares at cheap at around a $4M valuation currently when the company's 2019 revenue was less than $40k? Thanks.
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