Loop Industries is a technology company that owns patented chemical recycling processes for waste PET plastic and polyester fiber. Using depolymerization technology, Loop breaks down plastic waste, including bottles, packaging, and clothing, into its base chemical building blocks. Loop then purifies and processes these chemicals into virgin-quality PET resin and polyester fiber, enabling infinite recycling without quality degradation. Loop markets food-grade resin to consumer brands and circular polyester resin under the Twist brand to apparel companies like Nike. Loop also sells standalone chemical building blocks to specialty chemical and polymer manufacturers. Loop uses an asset-light business model centered on joint ventures and technology licensing. In a partnership with Ester Industries in India, Loop holds an equity stake and earns royalties on sales. In Europe, Loop licenses technology to partners like Reed Societe Generale for fees and retains options for project ownership. Loop also provides engineering services during facility design and construction. Loop’s growth strategy relies on modular plant construction, where Loop builds standardized components in low-cost regions and ships them to global sites for assembly. Modular construction aims to reduce capital requirements and accelerate the deployment of recycling facilities to meet increasing regulatory mandates for recycled content.