Loop Industries, Inc. (LOOP) NASDAQ
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Loop Industries, Inc.
Address
480 Fernand-Poitras Terrebonne
Terrebonne, QC J6Y 1Y4
Canada
Phone
450 951 8555
Sector
Basic Materials
Industry
Chemicals - Specialty
Employees
38
First IPO Date
November 20, 2017
Key Executives
| Name | Title | Pay | Year Born |
| Daniel Solomita | Founder, Chairman of the Board, Chief Executive Officer & President | 443,691 | 1976 |
| Spencer Hart | Independent CFO, Principal Accounting Officer & Director | 39,935 | 1966 |
| Adel Essaddam | Chief Operating Officer | 180,200 | 1995 |
| Kevin C. O'Dowd | Vice President of Communications & Investor Relations | 0 | N/A |
| Mike De Notaris | Vice President of Corporate Development | 0 | N/A |
| Giovanni Catino | Chief Revenue Officer | 0 | 1976 |
Description
Loop Industries Inc., a technology firm, specializes in chemically recycling discarded polyethylene terephthalate (PET) plastics and polyester textiles, breaking them down into their fundamental molecular components. From these constituent monomers, the company then synthesizes pristine, "virgin-quality" PET resins. These resins are suitable for manufacturing food-safe plastic packaging, including beverage bottles for water and soft drinks, as well as containers for various food items and consumer goods. Additionally, it produces polyester fibers utilized in textiles, clothing, and other apparel. Established in 2010, Loop Industries Inc. operates from its headquarters in Terrebonne, Canada.
