Loop Industries (LOOP) 11th Annual Waste and Environmental Symposium summary

Technology and innovation

• Developed patented low-energy technology to depolymerize PET plastic and polyester fiber, enabling recycling of materials previously considered unrecyclable.

• Process isolates polyester from mixed-material waste, allowing removal of non-recyclable components during recycling.

• Achieves up to 81% reduction in greenhouse gas emissions compared to petroleum-based production.

• Certified by FDA, Health Canada, and REACH, with GRS certification for textiles and over 200 global patents.

• Produces virgin-quality PET and polyester suitable for food, pharmaceutical, and textile applications.

Market focus and product applications

• Targets both packaging and textile industries, with a strong emphasis on textile-to-textile recycling.

• Supplies major brands in fashion, sportswear, home, automotive, food, and cosmetics sectors.

• Demonstrated success with products like On Running shoes, Evian bottles, and L'Oréal packaging.

• Offers superior production yields and color versatility compared to mechanical recycling.

• Enables full circularity for global brands by accepting their textile waste as feedstock.

Strategic partnerships and global expansion

• Operates a facility in Canada producing 2.5 million pounds annually, supplying global brands.

• Entered a 50/50 joint venture with Ester Industries to build the world's largest textile-to-textile recycling plant in India, operational in 2027.

• Licensed technology to Société Générale Group for a European facility, with potential for multiple sites.

• Modular construction approach reduces CapEx and OpEx, with modules built in India and shipped globally.

• Focuses on low-cost manufacturing regions to maintain competitive pricing and strong returns.