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LOOP Industries is a clean technology company committed to creating a sustainable plastic future. They use their patented proprietary technology to depolymerize waste Polyethylene Terephthalate (PET) plastic and polyester fiber. These materials are often challenging to recycle using conventional methods. The process breaks down waste plastic of all colors and conditions, including degraded ocean plastics, into monomers. These base materials are then purified and repolymerized to create virgin-quality Loop-branded PET resin, suitable for food-grade packaging and polyester fiber. This shift to a circular economy model reduces dependence on fossil fuels, allowing LOOP Industries to contribute significantly to global sustainability efforts.