Loop Industries Stock Price, News & Analysis

Loop Industries, Inc. (Nasdaq: LOOP) is a clean technology and licensing company focused on accelerating a circular economy for polyethylene terephthalate (PET) plastic and polyester fiber. According to the company’s public statements, Loop’s mission is to help shift global plastic and textile supply chains away from fossil fuel-based inputs by manufacturing PET and textile-to-textile polyester from waste materials using its patented depolymerization technology.

Loop reports that it owns patented and proprietary technology that depolymerizes no- and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging and textiles such as carpets and clothing, into the base monomers dimethyl terephthalate (DMT) and monoethylene glycol (MEG). These monomers are then separated, purified and repolymerized to create virgin-quality Loop™ and Twist™ branded PET resin. The company states that these resins are suitable for use in food-grade packaging and polyester fiber, and that Loop™ & Twist™ PET can be recycled multiple times without degradation of quality, supporting a circular model for plastics and textiles.

Business model and technology focus

Loop describes itself as a technology company and clean technology platform that aims to generate value through its proprietary depolymerization process and related intellectual property. Public disclosures indicate that Loop’s activities include:

• Developing and operating depolymerization processes that convert waste PET plastic and polyester textile waste into monomers DMT and MEG.
• Producing branded PET resins (Loop™ and Twist™) for packaging and textile applications.
• Entering into joint ventures and licensing arrangements to deploy its Infinite Loop™ manufacturing platform in different regions.
• Providing engineering services related to Infinite Loop™ facilities, including front-end and detailed engineering support.

Loop’s Infinite Loop™ concept refers to PET manufacturing facilities designed around its depolymerization technology. These facilities are intended to process waste PET and polyester textiles and produce PET resin and, in some configurations, Loop™ DMT for specialty polymer markets.

Key products and brands

Based on company press releases, Loop’s main product and brand portfolio includes:

• Loop™ PET resin – a virgin-quality PET resin produced using monomers manufactured with Loop’s depolymerization technology. It is described as suitable for food-grade packaging and polyester fiber applications.
• Twist™ polyester resin – a branded, circular polyester resin made entirely from textile waste. Twist™ is positioned for textile and apparel customers and is described as a high-purity, textile-to-textile polyester resin engineered for fashion, sportswear, home textiles and other high-performance textile uses.
• Loop™ DMT – a 100% recycled, virgin-quality dimethyl terephthalate used as a chemical building block for specialty polymers and other applications. Loop has disclosed an offtake agreement to supply Loop™ DMT from its planned Infinite Loop™ India facility to Taro Plast S.p.A. for automotive and specialty polymer applications.

The company states that its technology removes dyes, colorants, contaminants and blends from textile waste, enabling textile-to-textile recycling and the production of high-purity resin. Loop also highlights the use of proprietary chemical tracer technology in Twist™ to provide traceability from waste feedstock to finished product.

Geographic footprint and partnerships

Loop Industries is incorporated in Nevada and lists its common shares on the Nasdaq Global Market under the symbol LOOP. Public filings and press releases indicate that Loop’s principal executive offices are located in Terrebonne, Quebec, Canada. The company’s growth strategy, as described in its news releases and Form 8-K filings, emphasizes regional joint ventures and alliances to deploy Infinite Loop™ facilities and commercialize its technology.

Key disclosed initiatives include:

• Infinite Loop™ India joint venture (ELITe) – a joint venture with Ester Industries Limited, referred to as Ester Loop Infinite Technologies Private Limited. The India JV has agreed to acquire approximately 93 acres of land in the state of Gujarat, India, for the development, construction and operation of an Infinite Loop™ manufacturing facility. Company disclosures describe this site as strategically located near a major synthetic textile region, with access to textile waste feedstock, renewable electricity, industrial infrastructure and a deep-water seaport.
• The planned Infinite Loop™ India facility is designed, according to Loop’s public statements, with an annual production capacity of 70,000 metric tonnes of PET resin for packaging and textile applications. The facility is also expected to produce Loop™ DMT for specialty polymer markets. The company has reported that the site is large enough to support the initial facility and a potential future capacity expansion.
• Infinite Loop™ Europe joint venture – Loop has entered into a Securityholders Agreement with Reed Circular Economy (an affiliate of Reed Management SAS) relating to Infinite Loop Europe SAS, a French simplified joint-stock company. Under this agreement, as described in a Form 8-K, Reed Circular Economy and Loop hold interests in the European joint venture on a 90/10 basis to pursue the development, financing, construction, ownership, operation and commercialization of chemical upcycling plants and related products using Loop’s technology within Europe. The agreement provides that the joint venture has priority rights to evaluate European project opportunities and that Loop retains ownership of its intellectual property while granting the joint venture limited rights of use.

Loop has also announced strategic alliances intended to support commercialization of its textile-to-textile Twist™ resin:

• Hyosung TNC alliance – a strategic alliance with Hyosung TNC, described as a complete sustainable textile solutions provider and major spandex manufacturer. Under this alliance, Loop’s Twist™ polyester resin produced from textile waste is to be converted by Hyosung TNC into performance yarns under its regen™ brand portfolio.
• Shinkong Synthetic Fibers alliance – a strategic alliance with Shinkong Synthetic Fibers Corporation, described as a leader in Taiwan’s polyester industry and a global supplier of sustainable and high-performance polyester yarn solutions. The partnership is intended to combine Loop’s textile-to-textile manufacturing technology with Shinkong’s fiber spinning capabilities and customer network, enabling Twist™-based circular polyester yarns for apparel and textile brands.

Commercial agreements and customer base

Loop’s public disclosures highlight several offtake and supply agreements that are central to its commercialization plans:

• Nike offtake agreement – Loop has announced a multi-year offtake agreement with Nike, Inc. for the sale of Twist™ polyester from the Infinite Loop™ India joint venture. Nike is described as the anchor customer for the India facility, with Twist™ to be used to reduce the use of virgin and recycled flake polyester across Nike’s product lines.
• Leading sports apparel company offtake – Loop has disclosed a multi-year offtake agreement with affiliates of a leading global branded sports apparel company for Twist™ polyester from the planned Infinite Loop™ India facility. This agreement is referenced in a Form 8-K and related press release.
• Taro Plast offtake agreement – Loop has entered into an offtake agreement with Taro Plast S.p.A., an Italy-based manufacturer of engineering plastics and compounds, under which Loop will supply Loop™ DMT from the planned Infinite Loop™ India facility for use in automotive and specialty polymer applications.

These agreements, together with strategic alliances, are presented by the company as supporting demand for Twist™ and Loop™ DMT from the planned India facility and contributing to the commercialization of Loop’s technology.

Revenue sources and operations

Loop’s recent financial disclosures indicate that its revenues have been derived from both product sales and services. For the periods described in its news releases on quarterly results, Loop reports that:

• Product revenues have included sales of Loop™ PET resin produced using monomers manufactured at its Terrebonne facility.
• Service revenues have included engineering fees related to the Infinite Loop™ India joint venture, under an engineering services agreement through which Loop supports the detailed engineering phase for the India facility.

The company’s financial updates also discuss research and development expenses related to design work for the Infinite Loop™ manufacturing process, general and administrative expenses, and interest and other financial expenses, including items related to preferred stock financing.

Capital markets and corporate governance

Loop Industries’ common shares trade on the Nasdaq Global Market under the ticker symbol LOOP. The company has filed an at-the-market offering agreement with a sales agent, as described in a Form 8-K, under which it may offer and sell shares of its common stock pursuant to an effective shelf registration statement. The company has also reported the results of its annual meeting of stockholders, including the election of directors, ratification of its independent registered public accounting firm and advisory votes on executive compensation and its frequency.

Environmental and circular economy positioning

In its public communications, Loop positions its technology as a contributor to a circular economy for plastics and textiles. The company cites a life cycle assessment for an Infinite Loop™ facility in India, indicating potential reductions in greenhouse gas emissions compared to virgin PET made from fossil fuels and avoided incineration of waste feedstock. Loop emphasizes that its process is intended to reduce plastic waste by recovering waste PET and polyester textiles and converting them into high-purity monomers and resins.

Loop also highlights the traceability features of Twist™, stating that embedded chemical tracers allow customers to track finished products back to their original waste textile inputs. This is presented as supporting transparency and verification of recycled content in textile-to-textile applications.

Company status

Based on the available news releases and SEC filings provided, Loop Industries continues to operate as a Nasdaq-listed company and to report quarterly financial results, enter into material agreements and hold annual stockholder meetings. There is no indication in the provided materials of delisting, deregistration, bankruptcy or cessation of operations.