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Loop Industries, Inc.

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Year established

2014

Location

Terrebonne QC Canada

Primary Industry

Materials

About

Founded in 2014 and based in Quebec, Canada, Loop Industries, Inc. operates as a manufacturer of PTA (Purified Terephthalic Acid) and EG (Ethylene Glycol) used for the production of polymer PET (Polyethylene Terephthalate). It depolymerizes no- and low-value waste polyethylene terephthalate plastic and polyester fibre.
Current Investors
Northern Private Capital

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Primary Industry
Materials
Sub Industries
Environmental Services, Rubber & Plastics
Website
www.loopindustries.com
Company Stage
Mature - Growth Capital
Total Amount Raised
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Timeline of Key Events

TimeLine Events

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Deals

Deals Type
PIPE
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Loop Industries, Inc. 29 May 2019
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