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Company:  LOOP INDUSTRIES, INC. (LOOP)
Form Type:  10-Q/A
Filing Date:  1/12/2018 
CIK:  0001504678 
Address:  480 FERNAND POITRAS 
City, State, Zip:  TERREBONNE,  J6Y 1Y4 
Telephone:  781-821-6600 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$10.10  
Change: 
0.10 (1.00%)  
Trade Time: 
Jul 19  
Market Cap: 
$341.44M
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Description of Business
Loop Industries, Inc. ("we", "us", "our", the "Company" or "Loop") is an innovative technology company focused on sustainability. Our mission is to accelerate the world's shift toward sustainable plastic and away from its dependence on fossil fuels, essentially enabling a truly circular economy. Loop's patented technology decouples the production of PET/Polyester plastic from fossil fuels by depolymerizing waste PET plastic and polyester fiber into its base building blocks. The monomers are then re-polymerized into virgin-quality PET plastic that meets FDA requirements for use in food-grade plastic packaging such as water and soda bottles. Our monomers can also be re-polymerized to produce polyester fiber for textile applications. Our technology uses waste PET plastics such as water bottles, soda bottles, consumer packaging, carpets, polyester textiles and industrial waste as feedstock to process.