Loop Industries Inc. (LOOP)

[PURA VIDA]

Seems no one really cared about this news today unfortunately.
The short shares actually increased to 910,100 shares from 829,900
yesterday with a 15.9 day period to cover. Not what I was expecting really.

I guess not enough meat once again to satisfy the marketplace.

[Harrybones]

MONTREAL, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Loop Industries, Inc. (Nasdaq: LOOP) (“Loop” or “Company”), a leading technology innovator in sustainable plastic today announced that they have entered into a multi-year supply framework with the Coca-Cola system’s Cross Enterprise Procurement Group (“CEPG”) to supply 100% recycled and sustainable Loop™ PET plastic (“Loop™ PET”) from Loop’s joint venture facility with Indorama Ventures Limited in the United States to authorized Coca-Cola bottlers who enter into supply agreements with Loop. Indorama Ventures is a world-class chemicals company and a global integrated leader in PET and fibers serving major customers in diversified end-use markets.

“We are very proud to become a supplier of Loop™ branded PET resin to the members of the Coca-Cola system’s Cross Enterprise Procurement Group,” said Daniel Solomita, Founder and CEO of Loop Industries. “We are especially pleased to be able to assist Coca-Cola’s authorized bottlers as they work to meet their recycled content ambitions.”

“Like all responsible companies, we need to be selective in choosing our packaging materials so that we continue to eliminate waste and work to reduce the environmental impact,” said Ron Lewis, Chief Supply Chain Officer, Coca-Cola European Partners, a bottler member of CEPG. “Investments like this one with Loop Industries support our goal to ensure that at least 50% of the material we use for our PET bottles comes from recycled plastic, and will help us divert more materials from landfills and build a stronger circular plastic economy.”

This arrangement continues the rapid and exciting progress ?being made by Loop as it commercializes its breakthrough depolymerization technology which will help reduce global plastic waste and enable major global brands to meet their sustainability goals. As the demand for sustainable packaging solutions continues to grow, Loop Industries has emerged with transformational technology that allows no and low value plastics to be diverted, recovered and recycled endlessly into new, virgin-quality Loop™ PET plastic.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to transform the plastics industry. This technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. For more information, please visit www.loopindustries.com. Follow us on Twitter: @loopindustries, Instagram: loopindustries, Facebook: www.facebook.com/Loopindustrie/ and LinkedIn: www.linkedin.com/company/loop-industries/

Forward-Looking Statements

This news release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, (v) our manufacturing facility, and (vi) and our ability to sell our products in order to generate revenues. More detailed information about Loop and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC). Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For More Information:

Investors:

Jason AssadLR Advisors LLC. +1 (678) [e-mail]

Media Inquiries:

Nelson SwitzerLoop Industries [phone] ext. [e-mail]

Shanna WendtCoca Cola European Partners+44 7976 595 [e-mail]


Source: Loop Industries, Inc. US

[Harrybones]

Loop Industries Establishes Multi-Year Supply Framework with the Coca-Cola Cross Enterprise Procurement Group

Source: GlobeNewswire Inc.

Loop Industries, Inc. (Nasdaq: LOOP) (“Loop” or “Company”), a leading technology innovator in sustainable plastic today announced that they have entered into a multi-year supply framework with the Coca-Cola system’s Cross Enterprise Procurement Group (“CEPG”) to supply 100% recycled and sustainable Loop™ PET plastic (“Loop™ PET”) from Loop’s joint venture facility with Indorama Ventures Limited in the United States to authorized Coca-Cola bottlers who enter into supply agreements with Loop. Indorama Ventures is a world-class chemicals company and a global integrated leader in PET and fibers serving major customers in diversified end-use markets.
“We are very proud to become a supplier of Loop™ branded PET resin to the members of the Coca-Cola system’s Cross Enterprise Procurement Group,” said Daniel Solomita, Founder and CEO of Loop Industries. “We are especially pleased to be able to assist Coca-Cola’s authorized bottlers as they work to meet their recycled content ambitions.”

“Like all responsible companies, we need to be selective in choosing our packaging materials so that we continue to eliminate waste and work to reduce the environmental impact,” said Ron Lewis, Chief Supply Chain Officer, Coca-Cola European Partners, a bottler member of CEPG. “Investments like this one with Loop Industries support our goal to ensure that at least 50% of the material we use for our PET bottles comes from recycled plastic, and will help us divert more materials from landfills and build a stronger circular plastic economy.”

This arrangement continues the rapid and exciting progress ?being made by Loop as it commercializes its breakthrough depolymerization technology which will help reduce global plastic waste and enable major global brands to meet their sustainability goals. As the demand for sustainable packaging solutions continues to grow, Loop Industries has emerged with transformational technology that allows no and low value plastics to be diverted, recovered and recycled endlessly into new, virgin-quality Loop™ PET plastic.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to transform the plastics industry. This technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. For more information, please visit www.loopindustries.com. Follow us on Twitter: @loopindustries, Instagram: loopindustries, Facebook: www.facebook.com/Loopindustrie/ and LinkedIn: www.linkedin.com/company/loop-industries/

Forward-Looking Statements

This news release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, (v) our manufacturing facility, and (vi) and our ability to sell our products in order to generate revenues. More detailed information about Loop and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC). Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For More Information:

Investors:

Jason Assad
LR Advisors LLC.
[phone]
[e-mail]

Media Inquiries:

Nelson Switzer
Loop Industries
[phone] ext. 230
[e-mail]

Shanna Wendt
Coca Cola European Partners
[phone]
[e-mail]


looplogo.jpg

[Barca1]

What’s going on? Partnerships, endorsements ."plans to build, but No stock action other than crosses between friends, and still no raise of capital!!!!!

[Harrybones]

PepsiCo and Loop Industries Sign Multi-Year Supply Agreement for Loop Branded 100% Sustainable Plastic
8:00 AM ET, 10/10/2018 - GlobeNewswire

PepsiCo secures production capacity from Loop’s joint venture facility in the United StatesLoop provides innovative, new technology for PepsiCo to bring to market sustainable packaging based on 100% recycled content
MONTREAL, Quebec and PURCHASE, N.Y., Oct. 10, 2018 (GLOBE NEWSWIRE) -- Loop Industries, Inc. (Nasdaq:LOOP), a leading technology innovator in sustainable plastic and PepsiCo, Inc. (NASDAQ:PEP) today announced that they have entered into a multi-year supply agreement that will enable PepsiCo to purchase production capacity from Loop’s joint venture facility in the United States and incorporate Loop™ PET plastic, which is 100% recycled material, into its product packaging by early 2020.

As the demand for sustainable packaging solutions continues to grow, Loop Industries has emerged with truly transformational technology that allows no and low value plastics to be diverted, recovered and recycled endlessly into new, virgin-quality Loop™ PET plastic. This innovation allows plastic bottles and packaging of any color, transparency or condition, carpet, clothing and other polyester textiles that may contain colors, dyes or additives, and even ocean plastics that have been degraded by sun and salt to meet FDA requirements for use in food-grade packaging.

As one of the largest purchasers of recycled PET plastic in the consumer goods space, PepsiCo has identified Loop™ PET as a commercially viable technology to expand the amount of recycled content in its product packaging and help meet its sustainability ambitions and consumer needs. This agreement aligns with PepsiCo’s Performance with Purpose vision and highlights the company’s commitment to adopt different and creative approaches to the challenges of plastics and waste.

“Loop’s technology enables PepsiCo to be a leading force in ensuring plastic packaging need never become waste,” said Dr. Mehmood Khan, Vice Chairman and Chief Scientific Officer, PepsiCo. “This partnership represents a step-change that will empower PepsiCo in our drive towards creating a circular economy for plastics.”

“We are very proud to supply PepsiCo with Loop™ branded PET plastic,” said Daniel Solomita, Founder and CEO of Loop Industries. “Working with a global food and beverage giant like PepsiCo will further establish the value proposition of the Loop brand and mission – to accelerate the world’s shift toward sustainable plastic and away from the traditional, take, make and dispose economy.”

The deal will also include a marketing and communications plan to raise awareness of the importance of recycling, sustainability and the circular economy.

About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $63 billion in net revenue in 2017, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.

At the heart of PepsiCo is Performance with Purpose—our fundamental belief that the success of our company is inextricably linked to the sustainability of the world around us. We believe that continuously improving the products we sell, operating responsibly to protect our planet and empowering people around the world enable PepsiCo to run a successful global company that creates long-term value for society and our shareholders. For more information, visit www.pepsico.com.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to transform the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. For more information, please visit www.loopindustries.com. Follow us on Twitter: @loopindustries and Instagram: loopindustries

For More Information:Gian-Carlo PeressuttiPepsiCo+1 (914) [e-mail]

Nelson SwitzerLoop Industries+1 [phone] ext. [e-mail]

[Barca1]

And in August they talked about selling 100 million, yesterday raising 1 million dollars, and now they cancelled that...,, nooone interested to buy??????

[Barca1]

Go figure,!!!, good news on an endorsement by a big nyse listed company and they are trying to peddle 125,000 shares at 8 dollars.... this as per latest sec filing!!!!!

[Barca1]

A big step in the right direction ...

[Harrybones]

Indorama Ventures and Loop Industries JV to Introduce New Era in Pet and Polyester Recycling

Source: GlobeNewswire Inc.

Indorama.png


Indorama Ventures’ world-class manufacturing and Loop’s state-of-the-art recycling technology combined to invest in multi-billion dollar sustainable PET resin and polyester market opportunity
Demand for supply of sustainable PET sees explosive growth from beverage and consumer packaged goods companies adopting significant circular and sustainable packaging targets
Indorama Ventures/Loop Industries partnership plan to begin production in Q1 2020
{DATELINECITY_DATE_GLOBENEWSWIRE_BUG}}Indorama Ventures Public Company Limited (Bloomberg ticker IVL.TB), one of the world’s leading petrochemical companies, and Loop Industries, Inc. (Nasdaq: LOOP), a leading technology innovator in sustainable plastic resin and polyester today announced a joint venture to manufacture and commercialize sustainable polyester resin to meet the growing global demand from beverage and consumer packaged goods companies.

This partnership brings together Indorama Venture’s world-class manufacturing footprint and Loop’s proprietary science and technology to become a reliable world leader in the ‘circular’ economy for 100% sustainable and recycled PET resin and polyester fiber.

The Indorama Ventures/Loop Industries partnership launches a commercial solution for consumer packaged goods companies in response to the rapid growth in global plastic consumption for which there is a great need to responsibly collect and reuse these materials. Through this joint venture, Indorama Ventures and Loop Industries will be able to perpetually recycle the ever increasing amounts of PET plastic and polyester fiber proving the promise of and encouraging the shift to a circular economy.

The 50/50 joint venture will have an exclusive world-wide license to use Loop’s technology to produce 100% sustainably produced PET resin and polyester fiber with plans to begin commercial production in Q1 2020. The production from the facility will be fully subscribed by leading global consumer brands.

Commenting on this new venture, Group CEO of Indorama Ventures, Aloke Lohia, said, “At Indorama Ventures, we continue to pursue the right opportunities to fill gaps that are intrinsic to our sustainable and profitable business by deploying resources in order to support the circular economy. This joint venture with Loop Industries emphasizes our belief in recycling and is aimed at investing in new technologies that can steer further our aspiration of being a world-class chemical company making great products for society.”

“We are excited to launch this partnership with Indorama Ventures, who provide a global leadership platform in petrochemical manufacturing and a shared commitment to sustainability. This joint venture combines each of our companies’ area of expertise so that we may both play a leading role in the global shift by business and consumers to the circular economy,” said Daniel Solomita, Founder and CEO of Loop Industries. “This is a first strategic step in our global commercialization plan and mission to accelerate the world’s shift toward sustainable plastic and away from the traditional, take, make and dispose economy.”

About Indorama Ventures

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Africa, Asia, Europe and the Americas. The company’s portfolio comprises Necessities and High Value-Added (HVA) categories of Polymers, Fibers and Packaging, selectively integrated with self-manufactured Ethylene Oxide/Glycols and PTA where economical. Indorama Ventures products serve major FMCG and Automotive sectors, i.e. Beverages, Hygiene, Personal Care, Tire and Safety segments. Indorama Ventures has approx. 16,000 employees worldwide and consolidated revenue of US$ 8.4 billion in 2017. The Company is listed in the Dow Jones Sustainability Index (DJSI). Indorama Ventures is headquartered in Bangkok, Thailand with operating sites in:

EMEA - The Netherlands, Germany, Ireland, France, UK, Italy, Denmark, Lithuania, Poland, Czech Republic, Luxembourg, Spain, Turkey, Nigeria, Ghana, Portugal
The Americas - USA, Mexico, Canada, Brazil
Asia - Thailand, Indonesia, China, India, the Philippines, Myanmar
About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to transform the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. For more information, please visit www.loopindustries.com. Follow us on Twitter: @loopindustries and Instagram: loopindustries

For More Information:
Richard Jones
Indorama Ventures Public Company Limited
Tel: [phone] ext. 680
[e-mail]

Nelson Switzer
Loop Industries
[phone] ext. 230
[e-mail]

Forward-Looking Statements

This news release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, (v) our manufacturing facility, and (vi) and our ability to sell our products in order to generate revenues. More detailed information about Loop and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC). Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.


New LOOP_logo_bleu (002).jpg

[Barca1]

A month has gone by!!!! No financing news?

[Barca1]

My guess... if financing gets down , it ll be no more than 7dollars per share with half or full warrant..... and that would be good for LOOP ..

[Barca1]

Paid promotional stage ! Wow!

[PURA VIDA]

Loop Industries and Nestle' Waters North America ???

https://globenewswire.com/news-release/2018/04/26/1488274/0/en/Loop-Industries-Appoints-Nelson-Switzer-as-Chief-Growth-Officer.html

https://www.plasticstoday.com/packaging/loop-industries-introduces-world-s-first-integrated-upcycling-process-pet/195498960059054

https://www.nestle-watersna.com/en/nestle-water-news/pressreleases/nestle-waters-loop-industries-partnership

[PURA VIDA]

Trending: Coca-Cola, Evian, Amcor Unveil Ambitious Circular Packaging Strategies

Loop Industries building partnerships.....

https://www.cnbc.com/2017/10/12/globe-newswire-loop-industries-announces-appointment-of-shaun-higgins-to-its-board-of-directors.html

https://www.waste360.com/plastics/loop-industries-partners-evian-create-100-recycled-bottles

https://www.coca-colacompany.com/stories/from-collection-to-recycled-plastic-coca-cola-closes-the-loop

https://www.sustainablebrands.com/news_and_views/chemistry_materials_packaging/sustainable_brands/trending_coca-cola_evian_amcor_unvei

[PURA VIDA]

Hand in Hand Technologies....

https://www.sciencealert.com/ocean-plastic-collector-pollution-great-pacific-garbage-patch-ocean-cleanup

[PURA VIDA]

Loop Industries Is Becoming The 'Intel Inside'

https://www.forbes.com/sites/afdhelaziz/2018/07/24/how-loop-industries-is-becoming-the-intel-inside-of-the-circular-plastics-economy/#3704cd331fd7

[Barca1]

Are u serious? They just announced a major financing withmajor insiders selling stock even before stock has taken off showing any kind of revenue or business model, and you come out and talk about technical reversals????? bs..??????most shares traded are just crosses between brokers... who , I ask u , who would buy shares today !!!!! At 9 dollars plus when they are desperately seeking buyers to finance them???? It is obvious there is A plan to hold the stock up here to hopefully raise maybe maybe 50 million dollars at 7 dollars..... even that would be huge accomplishment...... maybe with a warrant!!

[PURA VIDA]

KEY REVERSAL verified.... BOUNCE in progress.

Last reversal and bounce we saw a 3 point run... what will we see this time? Currently above the 20/50 EMA's and working towards the 200 on the interim 20 day/1Hr charts. 20 EMA passing up through 50 EMA.

I feel a run coming on ......

180day/4Hr chart says we could see 11.37 this run.

[Barca1]

Including news on investors hub.....

[Barca1]

It’s public info ..look at sec filings or news. August 10 th they did a preliminary up to 100 million offering , and includes shareholders selling up to 5.5 million shares....

[diamondsp]

Hi there,

Been following this stock closely (or as closely as possible I should say...reliable research seems hard to come by). Can I ask where you get this info from? Thanks.

[Barca1]

Oh geez....insiders shareholders getting ready to unload shares 5.5 million shares in all.....including ceo( 300 k) and don danks( one of the financing set tip man, 1.3 million shares , I believe most of his holding) plus more dilution up to 100 million dollars....NOW ! All this, before plant in Operation or pods even received!!!! Never seen such a quick exiting by insiders.... not one dollar of revenue of any kind.... shares are impossible to borrow otherwise this to stock would not be at these levels......

[Barca1]

Question.... February 2017 Loop and drinkfinity signed similar deal whereby the PepsiCo subsidiary would pay for the mailing costs of returning pods directly to LOOP ( for recycling) ,,,so how many pods have been mailed in after at least one year, and how many tons or ton did Loop recycle???
Hint!!!!
Honey!!!!! Did u mail that letter with the pods?

[Harrybones]

Loop Industries' Adel Essaddam nominated for prestigious 2018 Pritzker Emerging Environmentalist Award

Nelson A. Switzer

Chief Growth Officer at Loop Industries

My new friend and colleague, Adel Essaddam (https://www.ioes.ucla.edu/person/adel-essaddam/) has been nominated for this years Pritzker Emerging Environmental Genius Award. The Award is presented each year to promising young innovators recognized as champions for the environment. Adel's contributions and accomplishments at Loop Industries are stunning. In his application, Adel provides a wonderful account of his journey, the technology he has helped establish, which is poised to solve a large portion of the plastic crisis, and what the future may hold.

Learn more about the Pritzker Genius Award: https://www.ioes.ucla.edu/pritzker-genius/

Read Adel's letter of application below, and follow Adel's team on Twitter (@loopindustries) and on Instagram (loopindustries).

The technology I helped invent that’s poised to disrupt the $110 billion plastic industry and save the world from plastic waste

My name is Adel. I am a young research scientist at Loop Industries helping to lead a team dedicated to solving the plastic crisis.

Our world is drowning in plastic. Every minute one million PET bottles are made but only 9% of them are recycled, By 2050, it’s estimated that there will be, by weight, more plastic in the ocean than fish. Imagine that. When you go fishing in 2050 you will be more likely to catch plastic than fish.

We know that over the last six decades, 8.3 billion metric tons of plastic have been generated, of which at least 6.3 billion metric tons has become plastic waste; material abandoned to landfills and our shared rivers and oceans. We’ve decided to put a stop to this.

At LOOP, we believe that making the transition to a circular economy will help solve this crisis. Instead of the traditional make, use and dispose philosophy that has been at the core of the plastic industry for decades, we must ensure that everything humanity extracts from the Earth is reused safely and constantly creates and preserves social and environmental value.

That is what drove us to invent our disruptive depolymerization technology, the Loop™ Process. It allows us to deconstruct Polyethylene Terephthalate (PET), polyester you find in water bottles, soda bottles, food packaging, clothing, carpets and more into its monomers and then reconstruct them to make virgin quality PET ready for reuse. Our process needs no heat and no pressure and finally provides the world a way to reuse what was once considered waste material. Even material rejected by the best mechanical recycling technologies in the world because it is contaminated with food stuff, paper and other additives can finally be recovered, recycled and reused. This means no PET or polyester fibers need be sent to landfill ever again.

And why else is our technology unmatched? Because we don’t “recycle” PET plastic waste, we up-cycle it. When you are able to take a product that has a net negative economic and environmental impact and turn that on its head, where you create and preserve economic and environmental value, you have up-cycled. Taking waste polyester (PET) fibers from carpet and clothing and up-cycling them to virgin quality PET resin suitable for food and beverage packaging, furniture makers, clothing and more is a breakthrough that consumer goods companies, governments, non-governmental organizations, consumers and investors have been seeking for over a decade. Now it is here and it is possible only because our unique and disruptive technology allows us to close the LOOP on PET and polyester fiber, remaking virgin quality PET indefinitely. As our Founder and CEO explains it, “it’s like taking a cake and breaking it down to it’s starting compounds: whole eggs, flour, sugar and then remaking a whole new cake.”

And now, the major brands are taking notice.

For instance, at the World Economic Forum, in Davos, Evian announced that they are teaming up with LOOP to achieve their pledge of having 100% recycled PET by 2025: https://news.nationalgeographic.com/2018/06/sponsor-content-revolution-plasticrecycling/

I started my career fueled by a passion for Sustainability and talent for problemsolving.

I joined LOOP in early 2016 as a young lab technician knowing that the time for small incremental moves in this world is over. If we want to save the world, it’s time for big moves. So I got to work.

As I learned more and gained an understanding of LOOP’s technology, I realized that even an exceptional process like theirs can always be reinvented. Teaming up with my brother, we reshaped the technology by asking one question, “what can we do better?” In short order we were able to pull apart and put Loop’s technology back together with three fundamental breakthroughs that dramatically increased the viability of the technology: 1) water free depolymerization; 2) a considerable energy use reduction; and 3) and a remarkably more efficient and streamlined process. What remained is a scalable, efficient and commercially costeffective technology.

In 2017, I became a Research Scientist and worked on the process development for our new technology and in 2018, I was promoted as the new Lead Research Scientist responsible for overseeing the work of 11 R&D, process development and analytical chemists. In addition, I am a valued voice in assessing potential technical and engineering partners all over the world.

The $100,000 prize would be shared between me and my brother, my best friend. It would allow me to complete my University curriculum, enhance my knowledge of chemical science and apply that learning to solving more of the world’s challenges. It would also allow me to complete an MBA so that I can enhance my business comprehension.

As a 23-year-old, I believe that I have so much knowledge to gain and puzzles to solve. But I need help getting over an obstacle, which is why I have applied for this prestigious award.

Thank you for your consideration,

Sincerely,

Adel Essaddam

[Harrybones]

Loop Industries announces world’s first integrated waste to Loop™ PET resin manufacturing technology

Source: GlobeNewswire Inc.
Revolutionary new manufacturing process will position Loop to commercialize its Generation II technology and disrupt how PET resin and polyester fiber is recycled and manufactured


Loop Industries, Inc. (Nasdaq:LOOP) announced that, as a next step in commercializing its Generation II technology, it is designing a fully integrated manufacturing facility to upcycle waste PET and polyester fiber into virgin quality Loop™ PET resin and polyester fiber. Loop is in the process of engaging engineering partners to complete the integrated design.
“A fully integrated start-to-finish process will soon exist to commercialize Loop’s innovative Generation II technology and help tackle the global plastic crisis,” said Daniel Solomita, CEO and Founder of Loop. “These facilities will make it possible for all forms of waste PET and polyester fiber, even ocean plastics that have been degraded by the sun and saltwater, to be fully recovered and upcycled into PET of the highest purity and performance quality.”

This integrated innovation will join Loop’s proprietary depolymerization technology with state of the art PET production processes, allowing plastic waste to be utilized as feedstock to produce Loop™ PET resin and facilitate the transition to a circular economy. The technology will take waste PET and polyester fiber that can include PET plastic bottles and packaging of any color, transparency or condition, and carpet and other polyester textiles that may contain colours, dyes or additives and separate the PET from all contaminants to produce virgin quality FDA-approved food-safe Loop™ PET resin and polyester fiber.

“To encourage more recycling at the community level and reduce climate causing emissions, Loop facilities are planned to be optimally located adjacent to large population centers where ample feedstock can be found,” added Mr. Solomita.

This integrated manufacturing design will be the basis for Loop’s commercialization strategy, which is now the company’s focus in order to capitalize on its technology and respond to the demands of consumers, governments, non-governmental organizations and brand owners who have committed to ambitious sustainability targets.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to disrupt the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. Loop™ branded polyester resin allows consumer goods companies to meet and exceed their stated sustainability goals and circular ambitions. For more information, please visit www.loopindustries.com.

Forward-Looking Statements

This news release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, (v) our manufacturing facility, and (vi) and our ability to sell our products in order to generate revenues. More detailed information about Loop and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC). Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For more information:
Nelson Switzer
[phone]
[e-mail]


Primary Logo

[Harrybones]

Loop Industries Expands Into Cosmetics Sector With L’Oréal Group

Source: GlobeNewswire Inc.

Loop Industries, Inc. (Nasdaq:LOOP), a global leader in sustainable packaging innovation, announced that it has signed a Letter of Intent with L’Oréal Group, the global leader in the beauty industry setting the stage for L’Oréal to become the first major cosmetics company in the world to close the loop on their PET plastic packaging by incorporating Loop™ PET.
This collaboration between L’Oréal Group and Loop will further accelerate the transition to the circular plastic economy. Thanks to Loop’s breakthrough technology, waste PET plastic and polyester fiber that once made its way to landfills, incinerators and our shared natural areas, rivers and oceans can now be diverted and converted into Loop™ PET to be endlessly upcycled.

Loop’s technology deconstructs waste PET plastic and polyester fiber from sources such as water and soda bottles, textiles, consumer goods packaging and more into its base monomers separating out all impurities and then reconstructs the monomers into Loop™ PET. Moreover, the Loop™ technology to produce Loop™ PET resin meets FDA requirements for food grade packaging.

“We are very proud to have L’Oréal join us in the Loop,” said Nelson Switzer, Chief Growth Officer of Loop Industries. “When companies use and activate the Loop™ brand and products, consumers are able to readily identify and choose a sustainable solution that is poised to help solve the plastic crisis.”

“As the leader in the beauty industry, we believe we have a responsibility to bring innovative and sustainable solutions to the consumer. That is why we seek to partner with innovative companies and leverage technologies, such as Loop, that will trigger an acceleration in the transition to a circular economy. And Loop™ PET is able to meet the rigorous packaging standards of L’Oréal,”said Philippe Thuvien, Global Head of Packaging and Development of L’Oréal Group.

Loop and L’Oréal intend to complete a definitive supply agreement for Loop™ PET resin in the United States and the European Union before the end of fall 2018.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to disrupt the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. Loop™ branded polyester resin allows consumer goods companies to meet and exceed their stated sustainability goals and circular ambitions. For more information, please visit www.loopindustries.com.

About L’Oréal

L’Oréal has devoted itself to beauty for over 100 years. With its unique international portfolio of 34 diverse and complementary brands, the Group generated sales amounting to 26.02 billion euros in 2017 and employs 82 600 people worldwide. As the world’s leading beauty company, L’Oréal is present across all distribution networks: mass market, department stores, pharmacies and drugstores, hair salons, travel retail, branded retail and e-commerce.

Research and innovation, and a dedicated research team of 3 885 people, are at the core of L’Oréal’s strategy, working to meet beauty aspirations all over the world. L’Oréal’s sustainability commitment for 2020 “Sharing Beauty With All” sets out ambitious sustainable development objectives across the Group’s value chain.

For more information: http://mediaroom.loreal.com/en/

Forward-Looking Statements

This news release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, (v) our manufacturing facility, and (vi) and our ability to sell our products in order to generate revenues. More detailed information about Loop and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC). Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For more information:
Nelson Switzer
[phone]
[e-mail]



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[Harrybones]

Loop Industries helps make Gatorade Gx packaging more sustainable

Source: GlobeNewswire Inc.

Loop Industries, Inc. (Nasdaq:LOOP) today announced a free new program that allows consumers of Gatorade, a subsidiary of PepsiCo (Nasdaq:PEP; NYSE:PEP) to return and upcycle used Gatorade Gx pods into products of greater value using Loop’s upcycling technology.
Gatorade Gx is a sports fuel customization platform that will change the way athletes hydrate and fuel now and into the future. The Gx platform combines science-backed products with newly designed formula pods and customized squeeze bottles.

“Loop is very pleased to help consumers of Gatorade Gx upcycle their used pods,” said Nelson Switzer, Chief Growth Officer, Loop Industries. “The Gx system already significantly reduces the amount of packaging needed to deliver this customizable hydration system – and when consumers choose the free return pod program, Gatorade Gx becomes an even more sustainable beverage.”

When consumers order their Gx bottle and pods on Gatorade.com, they can elect to receive the free Gx/Loop mail-back pouch. Consumers need simply drop their used pods into the pouch, seal it once full and drop it in the mailbox. The pre-paid pouch is sent to Loop’s facility where the PET segments of each pod are deconstructed into its base monomers, purified and upcycled into new virgin quality food-grade PET.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to disrupt the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. Loop™ branded polyester resin allows consumer goods companies to meet and exceed their stated sustainability goals and circular ambitions. For more information, please visit www.loopindustries.com.

About Gatorade

The Gatorade Company, a division of PepsiCo (NYSE: PEP), provides sports performance innovations designed to meet the needs of athletes at all competitive levels and across a broad range of sports. Backed by more than a 50 year history of studying the best athletes in the world and grounded in years of hydration and sports nutrition research at the Gatorade Sports Science Institute, Gatorade provides scientifically formulated products to meet the sports fueling needs of athletes in all phases of athletic activity. For more information and a full list of products, please visit www.gatorade.com.

For more information:
Nelson Switzer
[phone]
[e-mail]


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[Barca1]

Solomita bought the technology from someone in Quebec Canada..I believe........for less than 10 million dollars..... Solomita is not the scientist !!!!!!
My point is that nothing , but nothing from the technology could have changed,,,,
Solomita is busy building a corporation that will see his stock price and wealth increase.....
Did u know he has one preferred share, ONE ...that gives him control of the company so long as he stilll retains something as low as 7 percent of the o/s shares??????imagine.. he can sell his present 56 percent stake down to a mere 7 or 8 per cent and with this preferred share control the board!!!!!!!! Insane!!!! Be careful!!

[Shaun Kavanagh]

I understand enough to know that if their tech works as they claim it could be a mahoosive deal.

My understanding was that the Solomita guy >was< the scientist and some money bankrolled the development. It's obviously less than ideal when the inventor is allowed to be the CEO - 1st rule of successful venture capital being "Kill The Founder" - but in this case I'm more inclined to give them a pass since he's not going to have to run a terribly complex behemoth.

I agree that the current share price, based on publicly available information, is >ahem< ambitious...... but the first boys and girls at the table were in for ~$3-4 and there was a conspicuous lack of selling even when the price was cresting $18 last fall. Granted there's a lack of liquidity but it seems the people in the know believe in the process... so I'm inclined to believe in them. Worth dropping in a couple of shekels.

For the price to move they really do need to make a sale / announce a deal that has a $ value attached.

[Barca1]

I understand nada about their technology...maybe you do ... all I know is that they ( solomita ) bought a technology for what 5 , 10 million dollars from a scientit......NOw do you want me to believe that somehow they have now improved that technology? Who would have done that ? Surely not the ceo who was busy making sure he has full control of the company and the board! If I learned something in investing is that you cannot know enough about the product or the technology , generally speaking , but rely on credibility of the people running the company! Now you believe In the people and u believe it’s worth 500 Million dollars Canadian..., then go ahead and invest ! And

[Shaun Kavanagh]

The ability to process 'dirty' input material does seem new.... can you point to where this has been made public previously? All I found were links to the basic depolymerization process. I don't understand your fixation on location and / or size of a plant. They are developing and selling a process not a service.

[Barca1]

There is no NEW NEWS! Here.. old info and 3 years have gone by as a public trading company with more shares issued and more warrants and a lot purchased where offices of Mr. solomita , have been pre loop days..trading for 500 million Canadian ,,,Company controlled by one man!

[Shaun Kavanagh]

Plastic has already won, we're not likely to regress back to wood and bakelite anytime soon! The issue now is which types of plastic will be most acceptable moving forward. Loop's process for PET seems, on it's face, to be quite compelling.
FWIW I think the hoopla about them not building a Yuge factory is missing the point. All they have to do is prove their methodology will scale and then sell / license the process to either a Danone or whoever supplies the big manufacturers.

[Ubertino]

When I was a kid we bought stuff in glass bottles, paid a fee for it and recycled pop, milk bottles. Then plastic arrived, no more fees, and just put the containers in the garbage, out of sight, out of mind.

But that has problems since the plastic has a mind of its own and comes back to haunt us in the fish we eat, if there are to be any more of those and in the water we drink.

Progress is slow.

Will plastic win?

[Shaun Kavanagh]

The ability to take in 'dirty / mixed' feedstock seems like a game changer. Now >all< they have to do is license the process to a substantial producer...

"Revolutionary new manufacturing process will position Loop to commercialize its Generation II technology and disrupt how PET resin and polyester fiber is recycled and manufactured

TERREBONNE, Quebec, June 27, 2018 (GLOBE NEWSWIRE) -- Loop Industries, Inc. (Nasdaq: LOOP) announced that, as a next step in commercializing its Generation II technology, it is designing a fully integrated manufacturing facility to upcycle waste PET and polyester fiber into virgin quality Loop™ PET resin and polyester fiber. Loop is in the process of engaging engineering partners to complete the integrated design.

“A fully integrated start-to-finish process will soon exist to commercialize Loop’s innovative Generation II technology and help tackle the global plastic crisis,” said Daniel Solomita, CEO and Founder of Loop. “These facilities will make it possible for all forms of waste PET and polyester fiber, even ocean plastics that have been degraded by the sun and saltwater, to be fully recovered and upcycled into PET of the highest purity and performance quality.”

This integrated innovation will join Loop’s proprietary depolymerization technology with state of the art PET production processes, allowing plastic waste to be utilized as feedstock to produce Loop™ PET resin and facilitate the transition to a circular economy. The technology will take waste PET and polyester fiber that can include PET plastic bottles and packaging of any color, transparency or condition, and carpet and other polyester textiles that may contain colours, dyes or additives and separate the PET from all contaminants to produce virgin quality FDA-approved food-safe Loop™ PET resin and polyester fiber.

“To encourage more recycling at the community level and reduce climate causing emissions, Loop facilities are planned to be optimally located adjacent to large population centers where ample feedstock can be found,” added Mr. Solomita.

This integrated manufacturing design will be the basis for Loop’s commercialization strategy, which is now the company’s focus in order to capitalize on its technology and respond to the demands of consumers, governments, non-governmental organizations and brand owners who have committed to ambitious sustainability targets."

https://www.irdirect.net/prviewer/release/id/3171358

[Harrybones]

Loop Industries, Inc. activates breakthrough Generation II technology

Source: GlobeNewswire Inc.

Today, Loop Industries, Inc. (Nasdaq:LOOP) announced that they have successfully activated the next generation of their waste PET and polyester fiber upcycling technology which now allows for the continuous production of Loop™ PET products.
“Our Generation II technology is a major step forward in sustainable plastic,” says Daniel Solomita, CEO & Founder, Loop Industries, Inc. “It further reinforces our confidence that upcycling waste PET and polyester fiber will be cost effective, scalable and very efficient on a commercial scale, which means we can help divert even more waste plastic from landfill and help prevent it from ending up in our rivers and oceans.”

Loop’s Generation II technology is significantly more streamlined and efficient than the Generation I process, including a considerable reduction in energy use and the complete elimination of water indicating that it may be the most resource efficient process for upcycling PET and polyester fiber in the world. The most significant change introduced in the Generation II technology is Loop’s decision to produce a monomer from which it makes Loop™ PET resin and polyester fiber from terephthalic acid (PTA) to dimethyl terephthalate (DMT).

“Producing DMT during depolymerization allows us to streamline our technology and eliminate even more resources, time and cost needed to yield PET monomers of the highest purity,” added Mr. Solomita.

Loop’s short-term priority will be large-scale commercialization of this Generation II technology to respond to the demands of brand owners who have committed to ambitious sustainability targets, which can now be achieved through the use of Loop™ PET and polyester resin.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to disrupt the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. Loop™ branded polyester resin allows consumer goods companies to meet and exceed their stated sustainability goals and circular ambitions. For more information, please visit www.loopindustries.com.

For more information:
Nelson Switzer
[phone]
[e-mail]


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[Barca1]

Bravo EVIAN!!!!...you are forgiven!!! Lol

[Harrybones]

https://news.nationalgeographic.com/2018/06/sponsor-content-revolution-plastic-recycling/

[Ubertino]

Boy, that sure throws one for a LOOP, don't it.

[Barca1]

Did you all know that the ceo has 1 preferred share and it gives him 65 per cent of the voting rights EVEN IF HE ONE DAY SELLS all his shares except the last 7.5 percent.....?what a coup for the ceo !!!! And the board agreed !

[Barca1]

I meant lot size!! Also. Find it strange , that this site was the office site as well as pilot plant site and they announced last year they bought a lot in eastern montreal for 1.2 million and then did not proceeed and they were looking for new site.... and now strange they settled for the office/ pilot site ...

[JonRx]

17,000 sqft is a large home in the suburbs? On what planet? You’re grasping there. That’s the size of a $9 million dollar house that’s multiple stories.
Considering the address is on their website, you can google it. It’s clearly a warehouse. It’s also not multiple stories like a home would be, so it’s single plane square footage. It’s enough.

[Barca1]

This I don’t think is the same ........ 17 ,ooo sq get of land??? That’s not the same in my humble opinion, that’s the size of a large home property in suburbs.... they just bought the land where their office was .... saving face at best..

[JonRx]

From the 10-k:

On January 26, 2018, we completed the purchase of the land and building housing our pilot plant and corporate offices located at 480 Fernand Poitras, Terrebonne, Québec, Canada J6Y 1Y4. The 22,042 square foot facility includes 4,080 square feet for our executive offices and 17,962 square feet for our innovation and operational activities. We believe that our existing facilities are adequate for our current needs.

[Barca1]

Any land purchase to build plant or? Still searching?

[Barca1]

600 million us market cap and looking for a piece of land to build a plant !!! Buy buy bye!!!

[stocktrademan]

thankfully we have an ignore button ... almost like those devices that talk to you for online shopping or smartphone

[Barca1]

Was your reply to me not a soapbox? ( not worth shorting ) not to mention your post buy at 15.50 , based on what , they found a piece of land?

[stocktrademan]

stop using me to soapbox your bearish view

[Barca1]

And what makes you comfortable that this is a 600 billion US company ? Three years in business and still no plant , no plastic inventory!!! All they get are polluters saying sure we want to be associated with recyclers, we are good people!!! And this is one of what 20 companies out there that are at least mature companies already recycling and have revenues and trading for a lot less ..... you are right about one thing, may not be worth shorting cause shares are pretty tightly held and controlled.... and stock continuously being promoted , to people who don’t understand market cap .....