Loop Industries, Inc.
Close on Oct 19, 2026
- Market cap
- $15.99M
- P/E (TTM)
- –
- Dividend yield
- –
About Loop Industries
Chemicals & Allied Products, SIC 2800
Loop Industries is a technology company that develops and commercializes chemical depolymerization processes for recycling polyethylene terephthalate (PET) plastic and polyester fiber. Its proprietary technology breaks down contaminated plastic packaging and textile waste into base monomers, dimethyl terephthalate and monoethylene glycol, which are purified and repolymerized into recycled resin and fibers. The company's products cater to consumer packaged goods manufacturers, apparel brands, and specialty polymer producers seeking food-grade packaging materials and circular textile solutions. Its commercial strategy relies on technology licensing, direct facility joint ventures, and engineering services.
The company operates an established depolymerization production and development facility in Terrebonne, Québec. Through strategic partnerships, it is developing an industrial manufacturing facility in Gujarat, India, via an equity joint venture, alongside a licensed facility located in Schwarzheide, Germany. Loop Industries coordinates its operations across these international ventures from its base in Canada.
Summary of the business section of Loop Industries's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Loop Industries, Inc.
- Headquarters
- Terrebonne, A8
- Address
- 480 Fernand Poitras J6Y 1Y4
- Phone
- (450) 951-8555
- Employees
- 41, Feb 28, 2026
- Industry
- Chemicals & Allied Products
- Incorporated in
- Nevada
- Fiscal year ends
- February 28
- Auditor
- PricewaterhouseCoopers LLP, Montreal, Canada
Stock & identifiers
- Ticker
- LOOP
- Exchange
- Nasdaq
- Shares outstanding
- 48M, Jul 14, 2026
- Public float
- $39.50M, Aug 29, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1504678
- CUSIP
- 543518104
- ISIN
- US5435181046
- LEI
- 254900CRCCF0BCRSOJ92
- EIN
- 27-2094706
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Daniel Solomita | Chief Executive Officer, Director | 20,015,516 |
| Spencer Hart | Chief Financial Officer, Director | 410,370 |
| Giovanni Catino | Chief Revenue Officer | 529,455 |
| Adel Essaddam | Chief Operating Officer | 22,497 |
| Notaris Mike De | Interim CFO | 20,828 |
| Nicolas Lafond | Interim CFO | 199 |
| Jeffrey Richart Geygan | Director | 3,559,057 |
| Laurence G. Sellyn | Director | 587,711 |
| Jay Howard Stubina | Director | 593,178 |
| Laurent Auguste | Director | 241,829 |
| Louise S. Sams | Director | 259,678 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Mr.Solomita | $1.51M | $1.66M | $664.64K | $98 | – |
| FY2025 Mr.Solomita | $444.77K | -$3.18M | $263.76K | $42 | – |
| FY2024 Mr.Solomita | $566.59K | $1.65M | $1.26M | $121 | – |
| FY2023 Mr.Solomita | $582.46K | -$9.94M | $221.54K | $37 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of February 28, 2026 , we had 41 employees of which 17 work in research and development, 15 in engineering and operations, and 9 in administrative functions.”
Corporate history
Events identified from SEC filings