Loop Industries, Inc. operates as a clean technology company focused on circular plastics and polyester. Its patented and proprietary depolymerization technology breaks down low-value PET plastic and polyester fiber, including packaging, carpets and clothing, into DMT and MEG monomers that can be used to make Loop™ and Twist™ branded PET resin for packaging and fiber applications.
Company news commonly covers quarterly results, commercialization of Infinite Loop™ projects, licensing and joint-venture arrangements, offtake agreements, engineering milestones, strategic alliances with polyester and apparel participants, investor conferences, and leadership or finance updates. Developments frequently connect the company’s technology platform with recycling, textile-to-textile polyester and food-grade packaging markets.
Loop Industries (LOOP) reported a narrower second-quarter fiscal 2027 net loss and rescaled its planned first commercial India facility. For the quarter ended August 31, 2026, net loss narrowed to $2.988 million from $3.204 million a year earlier; loss per share fell to $0.06 from $0.07. Engineering-services revenue was $117,000 versus zero.
The India facility is now planned at 45 kilotonnes annually. Loop expects the smaller scale to lower capital requirements, targeting construction completion by the end of 2028 and startup and commissioning in 2029. A larger second facility is planned after successful startup of the first. Quarterly cash operating expenses, excluding stock compensation, fell $0.8 million to $1.6 million. Available liquidity was $1.9 million at August 31, 2026; Loop continues seeking capital for its India joint venture equity contribution and ongoing pre-commercial operations.
Loop Industries (NASDAQ:LOOP) will release its second quarter fiscal 2027 financial results after market close on October 15, 2026. An earnings conference call will follow on October 16, 2026, at 8:45 a.m. Eastern Time.
Management will discuss the quarterly results, recent business developments and operational progress. The discussion will also cover ongoing commercialization initiatives, including advancement of the company's India joint venture, European projects and broader licensing platform. An audio replay will be available after the call; replay access details on the company's Investor Relations website remain subject to confirmation.
Loop Industries (LOOP) has created a Board-level Strategic Alternatives Committee to advance commercialization, reinforce its capital position and maximize long-term shareholder value.
The committee follows Jeff Geygan’s appointment as Chairman and the separation of the Chairman and CEO roles, formalizing a review of Loop’s capital needs and strategic direction. Its immediate focus is supporting management in securing required capital and project financing for the planned India joint venture, considering project-level debt, strategic capital, equity financing or combinations of these. The committee will review options including strategic investments, licensing and commercial partnerships, regional joint ventures, business combinations, corporate-structure changes, and a potential sale, merger or going-private transaction. No specific path or timetable has been decided, and there is no assurance any transaction will occur.
Loop Industries (LOOP) appointed Jeff Geygan as Chairman of the Board, while founder Daniel Solomita will remain CEO and a Director.
The company states that separating the Chairman and CEO roles is intended to strengthen governance and allow Solomita to focus on commercial execution, including planned projects in India and Europe, strategic partnerships, customer relationships and corporate and project financing. Geygan, Chairman of Global Value Investment Corporation, a significant Loop shareholder, will lead Board oversight of corporate strategy, governance, capital allocation and shareholder interests. He previously chaired Climb Global Solutions and Rocky Mountain Chocolate Factory, bringing capital-markets and public-company governance experience.
Loop Industries (NASDAQ: LOOP) reported first quarter fiscal 2027 results and progress toward commercialization of its Infinite Loop technology. In June 2026, Loop signed a non-binding LOI with a major global apparel brand for an initial multi-year offtake framework targeting up to 15,000 metric tons per year of PET fiber-grade resin from its India JV. Engineering for the India facility is advancing with Toyo Engineering India, generating services revenue, and project debt syndication has reached the technology due diligence phase. In Europe, JV partner Infinite Loop Europe, backed by Reed Societe Generale Group, selected BASF Industriepark Lausitz in Germany for its first plant and is entering engineering and permitting, which Loop expects will also generate engineering revenue.
For the quarter ended May 31, 2026, revenues were $179k, all from India JV engineering services, versus $252k a year earlier. Net loss was $3.4m, slightly improved year over year, with cash operating expenses at $1.6m, down $1.0m. Cash and cash equivalents were $1.1m, total available liquidity was $3.6m, and Loop reported a stockholders’ deficit of $12.0m. Management said it is pursuing non-dilutive and strategic funding options and expects India and Europe engineering revenues plus new capital to support operations through commercial start-up.
Loop Industries (Nasdaq: LOOP) will release first quarter fiscal 2027 financial results after market close on Tuesday, July 14, 2026, and host a conference call on Wednesday, July 15, 2026, at 8:45 a.m. EDT.
The call will cover financial results and updates on commercial, strategic and project development activities, with a live Q&A session for analysts and investors.
Loop Industries (NASDAQ:LOOP) appointed Jeffrey Geygan, Chairman of Global Value Investment Corporation (GVIC), to its Board of Directors, effective immediately. GVIC, a long-term institutional shareholder, intends to increase its ownership to at least 10%, subject to market conditions and securities laws.
The move supports Loop’s transition from technology development to global commercial execution, including a planned commercial-scale joint venture facility in India with Ester Industries, a European licensing partnership with Reed Societe Generale Group in Germany, and ongoing engagement with tier-one consumer brands.
Loop Industries (NASDAQ: LOOP) announced that subsidiary Loop Canada will receive up to C$2.92 million in non-dilutive funding plus advisory services from NRC IRAP. The multi-year clean technology project supports scale-up, engineering, operational efficiency, and deployment of Loop's Infinite Loop™ chemical recycling platform for hard-to-recycle plastic waste.
Loop Industries (Nasdaq: LOOP) reported fiscal Q4 and full-year 2026 results and business updates. Q4 2026 revenue was $176k with a net loss of $2.7m, versus $10.8m revenue and $6.9m net income in Q4 2025. Full-year 2026 revenue was $514k and net loss $12.3m, compared to $10.9m and $15.1m in 2025.
The India JV signed an MoU with the Gujarat government and cut the initial facility’s estimated capital cost to $165–$170m from $190m, targeting operations in calendar 2028. The Infinite Loop Europe JV in Germany entered the engineering and permitting phase, expected to generate engineering fees. Loop reduced R&D to $3.5m and G&A to $6.4m, and secured up to C$2.92m in non-repayable NRC IRAP funding through October 2027. Cash and cash equivalents declined to $2.4m at February 28, 2026 from $13.0m a year earlier.
Loop Industries (NASDAQ: LOOP) announced that joint venture ELITe signed a Memorandum of Understanding with the Government of Gujarat to support its India manufacturing platform and first large-scale commercial deployment.
The Bharuch industrial corridor site supports an initial 70,000-tonne facility, expandable by ~100,000 tonnes, with estimated capital cost reduced to US$165–170 million from about US$190 million.