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Loop Industries, Inc.(LOOP)

Description: Loop Industries, Inc., formerly First American Group Inc., is a manufacturer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG), the chemical components used in manufacturing polyethylene terephthalate (PET). The Company is engaged in designing, prototyping and building a closed loop plastics recycling business using a de-polymerization technology. Its technology uses waste PET plastics, such as water bottles, soda bottles, consumer packaging, carpets and industrial waste as feedstock to process. These feedstocks are available through municipal triage centers, industrial recycling and landfill reclamation projects. The Company operates in the United States and Canada. The Company focuses on depolymerizing waste plastics and converts them into valuable chemicals, ready to be reintroduced into the manufacturing of virgin plastics.


Keywords: Chemical Plastic Dielectric Organic Compounds Commodity Chemicals Thermoplastic Recycling Water Conservation Acid Polyethylene Terephthalate Landfill Carpet Polyethylene Industrial Waste Pet Indorama Ventures Terephthalic Acid Waste Plastics

Home Page: www.loopindustries.com

LOOP Technical Analysis

480 Fernand-Poitras Terrebonne
Terrebonne, QC J6Y 1Y4
Canada
Phone: 450 951 8555


Officers

Name Title
Mr. Daniel Solomita Founder, Chairman, CEO & Pres
Mr. Thomas Andrew Hickey Chief Operating & Financial Officer, Principal Accounting Officer and Treasurer
Mr. Stephen Champagne Chief Technology Officer

Exchange: NASDAQ

Country: US

Currency: US Dollar ($)

GIC Sector: Materials
GIC Group: Materials
GIC Industry: Chemicals
GIC Sub-Industry: Commodity Chemicals
Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 4.1103
Price-to-Sales TTM: 787.942
IPO Date: 2017-11-20
Fiscal Year End: February
Full Time Employees: 92
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