Company
Loop Industries, Inc.
Headquarters: Terrebonne, QC, Canada
Employees: 84
CEO: Mr. Daniel Solomita
Market Cap
$166.3 Million
USD as of Jan. 1, 2024
Loop Industries, Inc. Categories
Canada Basic Materials Specialty ChemicalsCanada Basic Materials Canada Specialty Chemicals
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Industry: Specialty Chemicals
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Detailed Description
Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including carpets, clothing, and other polyester textiles. The company was incorporated in 2010 and is based in Terrebonne, Canada.
Top 1-year algo backtest: +284.14%
$10,000 in April 2023 would now be $38,414 by following this algorithm daily at market close.
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Stocks & Indices
Loop Industries, Inc. has the following listings and related stock indices.
Stock: NASDAQ: LOOP wb_incandescent
Stock: Munich: 3L9 wb_incandescent