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Loop Industries Inc LOOP

Chemicals Basic Materials
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

Loop Industries Inc
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Post by Possibleidiot01on Oct 05, 2024 5:56pm
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Post# 36254745

Cormark starts coverage

Cormark starts coverage

Cormark Securities Initiates Loop Industries(LOOP.US) With Buy Rating, Announces Target Price $3

Moomoo News ·  Sep 30 09:33  · Ratings
 

Cormark Securities analyst Nicholas Boychuk initiates coverage on $Loop Industries (LOOP.US)$ with a buy rating, and sets the target price at $3.



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