Loop Industries is a leader in the sustainable plastic revolution, supporting the global shift to a circular plastics economy. Since its inception in 2015, Loop’s revolutionary technology has focused on helping consumer goods manufacturers and suppliers rethink how plastic is produced and re-used.
Most PET plastic and polyester fiber used worldwide is produced from fossil fuels — and every year, $80 to $100 billion worth of it is thrown out after being used only once. Loop can address these problems at cost (and production) efficient commercial scale, while diverting plastic away from oceans and landfills, decreasing greenhouse gas emissions and reducing dependence on fossil fuels. Importantly, Loop’s technology is helping partner brands reach their sustainability goals and circular ambitions.
Loop’s innovative depolymerization technology upcycles highest purity plastic from waste feedstocks, such as polyester fibers from carpets and clothing, colored plastic and opaque plastic. Its patented low-energy process breaks down this would-be waste into its base monomers (individual molecules), Monoethylene glycol ("MEG") and Dimethyl Terephthalate ("DMT"). Using low heat and no pressure, the monomers are purified, removing all solid waste and contaminants such as coloring, additives and organic or inorganic impurities. The purified DMT and MEG are then polymerized (or re-combined) into Loop™ branded virgin-quality PET resin that is suitable for use even in food-grade packaging.
Loop has developed an Innovation Center and demonstration facility located in Terrebonne, Quebec. The demonstration facility is built to optimize and demonstrate Loop’s proprietary depolymerization technology, and demonstrate continuous operations in preparation for its ramp-up to large-scale commercialization.