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Loop Industries
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Short description

Developer of depolymerization technology for low value PET and polyester fibers including plastics and textiles

Founded in 2015
Founded in

Company type Public Public (LOOP)
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Terrebonne, CA Terrebonne, United States
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Updated by Cleantech Group on 06/30/2021

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Date Company
03/06/2020

L'Oreal L'Oreal

Loop have entered into a multi-year offtake agreement with L'Oréal to supply them with PET resin made of 100% recycled materials for their packaging needs.

Confirmed by L'Oreal

Partnerships
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Date Partner Type
09/24/2018
Indorama Ventures Indorama Ventures
Joint venture to manufacture and commercialize sustainable polyester resin to meet growing global demand from beverage and consumer packaged goods companies. Both companies have a 50 percent stake in the joint venture.
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Confirmed by Indorama Ventures
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IPO INFORMATION

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Ticker symbol

LOOP

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Description

Date Investors Type Amount
08/12/2021 (0)
Post-money valuation of
Funding disclosed via regulatory filing.
PIPE $56,577,756
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