Loop Industries Working To Commercialize Technology

Loop Industries, Terrebonne, Quebec, is designing a fully integrated manufacturing facility to upcycle waste polyester (PET) and PET fiber into virgin quality Loop™ PET resin and polyester fiber. Loop reports the move is the next step in commercializing its Generation II technology. Coupled with Loop’s proprietary depolymerization technology, the state-of-the-art PET production processes allow plastic waste to be used as feedstock to manufacture Loop PET resin. The process separates the PET from all contaminants — including colors, dyes or additives — and recycles waste PET and polyester fiber in any form or condition into virgin quality Loop PET resin and fiber. This integrated manufacturing model will form the basis of the company’s commercialization strategy.

“A fully integrated start-to-finish process will soon exist to commercialize Loop’s innovative Generation II technology and help tackle the global plastic crisis,” said Daniel Solomita, CEO and Founder of Loop. “These facilities will make it possible for all forms of waste PET and polyester fiber, even ocean plastics that have been degraded by the sun and saltwater, to be fully recovered and upcycled into PET of the highest purity and performance quality.”

July/August 2018