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Technology Stocks : Loop Industries, Inc.
LOOP 1.640+2.5%Oct 31 9:30 AM EST
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To: donpat who wrote (10)9/14/2017 8:33:25 AM
From: donpat   of 36
 
Date: 9 September 2017 Sector: Telecommunications Services Industry: Integrated Telecommunications Services

TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim.
Latest fiscal year: 2017; Most recent quarter: 1; Fiscal year end month: N/A;
All Ratios are calculated for the latest fiscal year end unless otherwise indicated.
Data Source: Reuters Fundamentals
Business Summary
Loop Industries, Inc., formerly First American Group Inc., is a manufacturer of Purified Terephthal-hic Acid (PTA) and Mono Ethylene Glycol (MEG), the chemical components used in manufacturing polyethylene terephthalate (PET). The Company is engaged in designing, prototyping and building a closed loop plastics recycling business using a de-polymerization technology. Its technology useswaste PET plastics, such as water bottles, soda bottles, consumer packaging, carpets and industrial waste as feedstock to process. These feedstocks are available through municipal triage centers, in-dustrial recycling and landfill reclamation projects. The Company operates in the United States and Canada. The Company focuses on depolymerizing waste plastics and converts them into valuable chemicals, ready to be reintroduced into the manufacturing of virgin plastics.

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