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Loop Industries is a technology company specializing in depolymerizing waste PET plastic and polyester fiber into high-purity monomers, DMT and MEG, for producing virgin-quality recycled PET resin and polyester fiber. Its proprietary Infinite Loop technology enables infinite recycling of contaminated and colored waste, supporting a circular economy. The company partners globally through joint ventures and licensing to commercialize sustainable, food-grade packaging and textile materials.
This description was generated via AI from an annual report. Updated about 1 year ago.