Loop Industries

Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It re-polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as water and soda bottles; and polyester fibers comprising carpets and clothing for textile applications to consumer goods companies The company was founded by Daniel Solomita in March 2010 and is headquartered in Terrebonne, Canada.

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Loop Industries reports reduced expenses and secures feedstock for Ulsan facility

Loop Industries' Q1 2023 earnings call highlighted reduced expenses, ample cash reserves, and progress in securing feedstock and managing construction costs for the Ulsan facility. The company's focus on cost reduction and commitment to supplying high-quality products position it for future growth and financial stability.

Loop Industries reports progress in commercialization projects and cost reduction

Loop Industries' Q2 2023 earnings call showcased positive developments in their commercialization projects, cost reduction efforts, and strong market demand for polyester fiber recycling. While the company faces the challenge of finalizing contracts and financing for the Ulsan project, it has opportunities to capitalize on the Asian market demand and expand its collaborations in France. Overall, Loop's performance reflects progress and potential for future growth.

Loop Industries advances projects with SK Global Chemical in Q3

Loop Industries' Q3 2023 earnings call highlighted progress in projects with SK Global Chemical, emphasizing strategic decisions and partnerships. The company faces challenges in project execution and operational agreements but has strong growth opportunities through diversified global projects and a focus on high-return investments.

Loop Industries reports strong Q4 earnings, eyes global expansion

Loop Industries demonstrated financial resilience with reduced expenses, positive cash flow, and a strong balance sheet.
The company's focus on fiber-to-fiber recycling and partnerships with global brands positions them for sustainable growth.
Challenges lie in maintaining cost reductions, ensuring profitability, and securing contracts for new facilities.
Opportunities for Loop Industries include global expansion, market visibility through partnerships, and alignment with sustainability trends.

Loop Industries reports strong progress in commercial projects and cost management

Loop Industries showcased progress in commercialization projects, expense reduction, and strategic partnerships, positioning the company for growth.
While facing challenges in project execution, financing, and regulatory compliance, Loop Industries can leverage opportunities in market demand and operational efficiency.
By addressing concerns, optimizing revenue models, and maintaining transparency, Loop Industries aims to navigate challenges and capitalize on growth opportunities in the industry.

Loop Industries reports expense reductions and strategic partnerships for growth

Loop Industries showcased strong expense management and liquidity position, positioning the company well for future growth and operational stability.
The strategic partnerships and focus on sustainable practices highlight Loop Industries' commitment to innovation and market leadership in recycling solutions.
While facing financial and operational challenges, Loop Industries has opportunities to expand its market presence and revenue streams through strategic collaborations and sustainable initiatives.

Loop Industries excels in Q3, eyes European expansion and cost efficiency

Loop Industries' Q3 earnings call highlighted strong performance, strategic partnerships, and market opportunities. The company's focus on cost reduction, product quality, and global expansion positions it for sustainable growth in the packaging industry.

Loop Industries secures financing and expands operations amid strong demand

Loop Industries had a successful quarter, securing financing, focusing on cost-saving initiatives, and exploring new revenue streams through licensing agreements. The company's strong financial position and strategic partnerships position it well for future growth and market opportunities.

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Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It re-polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as water and soda bottles; and polyester fibers comprising carpets and clothing for textile applications to consumer goods companies The company was founded by Daniel Solomita on March 11, 2010 and is headquartered in Terrebonne, Canada.

MONTREAL, QC / ACCESSWIRE / December 23, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile ("T2T") polyester fiber, is pleased to announce the successful closing of the strategic and financing transaction with Reed Societe Generale Group based on the terms and conditions disclosed by the Company on December 12, 2024. About Loop Industries Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels.

Loop Industries Closes Strategic and Financing Transaction With Reed Societe Generale Group

REED SOCIETE GENERALE GROUP INVESTS €10 MILLION IN LOOP VIA A CONVERTIBLE PREFERRED SECURITY AT A $4.75 CONVERSION PRICE. LOOP COMPLETES ITS INAUGURAL SALE OF AN INFINITE LOOP™ TECHNOLOGY LICENSE, GENERATING AN UPFRONT PAYMENT OF €10 MILLION.

Loop Industries Completes Convertible Preferred Financing With Reed Societe Generale Group and Sells First Technology License For An Infinite Loop Manufacturing Facility in Europe

MONTREAL, QC / ACCESSWIRE / October 22, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced its participation in the upcoming 13th Annual ROTH Technology Conference. This event will take place on November 19 - 20, 2024, at the Hard Rock Hotel in New York City.

Loop Industries to Participate in the 13th Annual ROTH Technology Conference Taking Place November 19-20, 2024

Reed financing expected to be finalized in November 2024 Continued progress towards groundbreaking of Infinite LoopTM India manufacturing facility on schedule Loop management to hold update call at 8:30 AM ET on October 16, 2024 MONTREAL, QC / ACCESSWIRE / October 15, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today reported its consolidated financial results for the second quarter for fiscal year 2025 and provided an update on its financing and commercialization activities. Financing Update On July 31, 2024, Reed Management SAS ("Reed") and Societe Generale announced that Societe Generale has agreed to acquire 75% of Reed and provide funding for Reed initially amounting to €250 million, which can be further increased to €350 million.

Loop Industries Reports Second Quarter Fiscal 2025 Results and Provides Update on Financing and Commercialization Plans

Societe Generale to acquire 75% of Reed Management SAS ("Reed") At closing this would secure funding for Reed's planned investments including €35 million financing package through JV partnership with Loop MONTREAL, QC / ACCESSWIRE / July 31, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today provided an update regarding the Company's joint venture ("JV") partnership and financing agreement with Reed. This morning, Reed and Societe Generale announced that Societe Generale has agreed to acquire 75% of Reed and provide funding for Reed initially amounting to €250 million, which can be further increased to €350 million.

Loop Industries Announces Important Milestone Towards Completing the Previously Announced Reed Management Financing Package and Partnership

MONTREAL, QC / ACCESSWIRE / July 25, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced its participation in the Canaccord Genuity 44th Annual Growth Conference. This financial gathering is scheduled to take place from Tuesday, August 13th to Thursday, August 15th, at the InterContinental hotel in Boston, Massachusetts.

Loop Industries to Attend the Canaccord Genuity 44th Annual Growth Conference Taking Place August 13-15th, 2024

Loop Management to hold update call at 8:30 am ET on July 16, 2024 MONTREAL, QC / ACCESSWIRE / July 15, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today provided an update on its activities and reported its consolidated financial results for the first quarter for fiscal year 2025. Commercialization Update Loop and its joint venture partner, Ester Industries Ltd.

Loop Industries Reports First Quarter Fiscal 2025 Results and Provides Update on Commercialization Plans

MONTREAL, QC / ACCESSWIRE / June 6, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Daniel Solomita, CEO, Fady Mansour, CFO, and Kevin O'Dowd, Head of Investor Relations, will be participating in the 10th Annual ROTH London Conference. This industry event is scheduled to take place from Tuesday, June 25th to Thursday, June 27th, at the Four Seasons Hotel London at Park Lane.

Loop Industries to Attend 10th Annual ROTH London Conference Taking Place June 25-27th, 2024

Loop Industries, Inc. (NASDAQ:LOOP ) Q4 2024 Earnings Conference Call May 30, 2024 8:30 AM ET Company Participants Kevin O'Dowd - Vice President of Communications and Investor Relations Daniel Solomita - Founder and Chief Executive Officer Fady Mansour - Chief Financial Officer Conference Call Participants Gerard Sweeney - ROTH Capital Partners, LLC Operator Good morning, ladies and gentlemen. Thank you for standing by.

Loop Industries, Inc. (LOOP) Q4 2024 Earnings Call Transcript

LOOP AND REED MANAGEMENT SAS ("REED") SIGN AGREEMENT FOR €35 MILLION IN FINANCING TO CONTRIBUTE TO THE GLOBAL COMMERCIAL ROLLOUT OF THE INFINITE LOOP™ TECHNOLOGY LOOP AND REED TO FORM JOINT VENTURE TO COMMERCIALIZE LOOP'S TECHNOLOGY ACROSS EUROPE PARTNERSHIP IN LINE WITH LOOP'S STRATEGY OF DEPLOYING CAPITAL IN LOW-COST MANUFACTURING COUNTRIES SUCH AS INDIA AND HAVE A MORE ASSET-LIGHT MODEL FOCUSED ON LICENSING ITS TECHNOLOGY IN HIGHER COST COUNTRIES MONTREAL, QC / ACCESSWIRE / May 30, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that the Company and Reed, a European investment firm focused on high impact and technology-enabled infrastructure, have signed definitive binding agreements, subject to certain closing conditions, for an investment of €35 million from Reed to fund the global commercialization of the Infinite Loop™ technology and have agreed to form a 50/50 joint venture for the European deployment of Loop's technology. The signing of this agreement occurred subsequent to the Company's fourth quarter and full fiscal year 2024 financial release and 10-K filing and is therefore being announced separately as a further update to these filings.

Loop Industries and Reed Management Sign Agreement for €35 Million Financing for Global Commercialization of the Infinite Loop(TM) Technology and To Form French Joint Venture

Levers the existing Infinite Loop™ technology to target undersupplied US$28 billion market for DMT and MEG High projected returns based on total capital investment of approximately US$165 million, favourable industry pricing and low operating cost environment Construction of the facility is expected to be complete at the end of 2026 with commercial operations commencing in early 2027 MONTREAL, QC / ACCESSWIRE / May 1, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics/fiber economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today concluded an agreement with Ester Industries Ltd. ("Ester"), one of India's leading manufacturers of Polyester Films and Specialty Polymers, to form a 50/50 India joint venture ("India JV").

Loop Industries and Ester Industries Ltd. Announce Joint Venture Agreement to Build an Infinite Loop(TM) Manufacturing Facility in India to Produce rDMT, rMEG and Specialty Polymers From Waste Polyesters with a Significantly Lower Carbon Footprint

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MONTREAL, QC / ACCESSWIRE / March 25, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Fady Mansour, CFO of Loop Industries, and Kevin O'Dowd, Head of Investor Relations, will be presenting at Gabelli Funds' 10th Annual Waste & Sustainability Symposium. This prestigious event is set to occur on April 4th, 2024, at The Harvard Club in New York City, NY.

Loop Industries to Participate in Gabelli Funds' 10th Annual Waste & Sustainability Symposium Taking Place April 4th, 2024

MONTREAL, QC / ACCESSWIRE / February 15, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that the Company will be attending the 36th Annual Roth Conference taking place on March 17th - 19th, 2024 at The Ritz Carlton Laguna Niguel in Dana Point, California. Event: 36th Annual Roth Conference Date: March 17-19, 2024 Location: The Ritz Carlton Laguna Niguel in Dana Point, CA Daniel Solomita, Founder and CEO of Loop Industries, and Kevin O'Dowd, Head of Investor Relations, will be available for one-on-one or small group meetings with institutional investors during the conference.

Loop Industries to Present at The 36th Annual Roth Conference

This packaging innovation will be showcased at Pharmapack Europe 2024 (January 24th-25th, 2024, Paris Expo, Porte de Versailles - booth B78-B79, Hall 7.2) MONTREAL, QC / ACCESSWIRE / January 24, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber and Bormioli Pharma, an international leader in pharmaceutical packaging and medical devices, today announced that an innovative pharmaceutical packaging bottle manufactured with 100% recycled virgin quality Loop™ PET resin will be unveiled within the Bormioli booth at Pharmapack Europe 2024. Bormioli Pharma and Loop Industries aim to introduce market-ready solutions for the global pharmaceutical industry and the two companies began to collaborate over a year ago in order to achieve this goal.

Loop Industries and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024

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US$33 MILLION INITIAL INVESTMENT FROM REED MANAGEMENT ("REED") TO BE PROVIDED TO LOOP INDUSTRIES AS NON-DILUTIVE CAPITAL TO FUND LOOP'S TECHNOLOGY COMMERCIALIZATION GLOBALLY REMAINING US$33 MILLION TO BE INVESTED IN A STRATEGIC JOINT VENTURE FOR COMMERCIAL ROLL-OUT OF INFINITE LOOPTM TECHNOLOGY IN EUROPE MONTREAL, QC / ACCESSWIRE / JANUARY 16, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, announced today that the Company signed a non-binding Memorandum of Understanding ("MOU") with Reed, a European investment firm focused on high impact and technology-enabled infrastructure. Loop and Reed intend to form a strategic long-term partnership through the establishment of a 50/50 joint venture (the "JV") to commercialize Loop's technology in Europe.

Loop Industries Announces MOU For US$66 Million of Non-Dilutive Financing from Reed Management, as Part of a Joint Venture for European Infinite Loop(TM) Technology Roll-Out

LOOP ANNOUNCES MOU FOR US$66 MILLION OF NON-DILUTIVE FINANCING FROM REED MANAGEMENT AS PART OF A JOINT VENTURE FOR EUROPEAN INFINITE LOOPTM TECHNOLOGY ROLL-OUT Loop Management to hold update call at 8:30 AM ET on JANUARY 17, 2024 MONTREAL, QC / ACCESSWIRE / January 16, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today reported its consolidated financial results for the third quarter for fiscal year 2024 and provided an update on current developments in the business. Strategic Partnership and Non-Dilutive Financing On January 16th, 2024 Loop announced that the Company signed a non-binding Memorandum of Understanding ("MOU") with Reed Management ("Reed"), a European investment firm focused on high impact and technology-enabled infrastructure, for US$66 million in non-dilutive financing as part of a joint venture (the "JV") to roll-out Loop's technology in the European market.

Loop Industries Reports Third Quarter Fiscal 2024 Results and Provides Updates on Business Developments

LOOP™ BRANDED PET RESIN MEETS REQUIREMENTS AND STANDARDS OUTLINED BY THE UNITED STATES AND EUROPEAN PHARMACOPEIA MONTREAL, QC / ACCESSWIRE / December 13, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that its Loop™ branded PET resin has been tested and is compliant for use in packaging applications in the pharmaceutical industry. The rigorous requirements and standards outlined by the United States Pharmacopeia (USP , Plastic Materials of Construction) and the European Pharmacopeia (Ph.Eur.

Loop Industries Announces Its Loop(TM) Branded PET Resin Is Compliant for Pharmaceutical Industry Packaging Applications

MONTREAL, QC / ACCESSWIRE / November 27, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Loop management will participate in the following investor conferences in November and December 2023: Bernstein 2nd Annual Industrials Forum Date: November 29, 2023Venue: Mid Town Hilton New York, New YorkFormat: One-on-one meetings with investors NobleCon19 19th Annual Emerging Growth Investor Conference Date: December 3-5, 2023Venue: Florida Atlantic University, Boca Raton, FLFormat: One-on-one meetings with investors and group presentation Tuesday, December 5th at 1:30 PM Water Tower US Climate Investor Conference 2023 Date: Thursday, December 7, 2023Venue: OTC Markets Group - 300 Vesey Street, 12th Floor, New York City, NY 10282Format: One-on-one meetings and group presentation at 9:30 AM About Loop Industries Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers).

Loop Industries to Participate in Upcoming Investor Conferences in November and December 2023

SK Geo Centric ("SKGC") breaks ground on world's first plastics recycling cluster Infinite Loop™ manufacturing facility in Ulsan expected to begin construction at end of 2023 and reach completion by end of 2025 MONTREAL, QC / ACCESSWIRE / November 15, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Daniel Solomita, Loop's Founder and CEO, had participated in the groundbreaking ceremony of SKGC's Ulsan Advanced Recycling Cluster ("Ulsan ARC") which took place on November 15th, 2023 in South Korea. Mr. Solomita presented the Company's sustainable plastics technology and its Infinite Loop™ manufacturing model at the event.

Loop Industries Presents Its Infinite Loop(TM) Technology at Groundbreaking Ceremony of the Ulsan Advanced Recycling Cluster in South Korea

Groundbreaking ceremony for the Ulsan Advanced Recycling Cluster ("Ulsan ARC") now scheduled to take place on November 15th, 2023 MONTREAL, QC / ACCESSWIRE / November 2, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced an updated schedule for the groundbreaking ceremony of the Ulsan ARC. The event is now scheduled to take place on November 15th, 2023.

Loop Industries To Present Its Infinite Loop(TM) Technology at Groundbreaking Ceremony of the Ulsan Advanced Recycling Cluster in South Korea

Loop will participate in and present the Infinite Loop™ technology at groundbreaking ceremony for the Ulsan Advanced Recycling Cluster ("Ulsan ARC") on November 9 th, 2023 Loop Management to hold update call at 8:30 AM ET ON OCTOBER 16, 2023 MONTREAL, QC / ACCESSWIRE / October 16, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today reported its consolidated financial results for the second quarter for fiscal year 2024 and provided an update on current developments in the business. Commercialization Update Loop and its strategic partner, SK Geo Centric ("SKGC"), announced on April 27th, 2023 that they have signed a joint venture agreement to build Infinite Loop™ facilities in the Asian market.

Loop Industries Reports Second Quarter Fiscal 2024 Results And Provides Updates On Business Developments

MONTREAL, QC / ACCESSWIRE / August 31, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Daniel Solomita, Founder and CEO of Loop Industries, will speak at the BofA Securities Sustainability & Circular Materials Virtual Conference. Loop is scheduled to present at 12:25 P.M.

Loop Industries to Participate at the BofA Securities 2023 Sustainability and Circular Materials Virtual Conference

LOOP AND SK GEO CENTRIC ("SKGC") SIGN JOINT VENTURE AGREEMENT TO BUILD INFINITE LOOP™ MANUFACTURING FACILITIES THROUGHOUT ASIA LOOP AND GARNIER LAUNCH MICELLAR CLEANSING WATER BOTTLE PRODUCED UTILIZING LOOP'S TECHNOLOGY ON AG SIGNS LETTER OF INTENT ("LOI") TO SECURE VOLUMES FROM PLANNED ULSAN, SOUTH KOREA MANUFACTURING FACILITY Loop Management to hold update call at 9:30 AM ET on July 13, 2023 MONTREAL, QC / ACCESSWIRE / July 12, 2023 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company on a mission to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today provided an update on its activities and reported its consolidated financial results for the first quarter for fiscal year 2024. Significant Milestones 1.

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