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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Loop Industries
Loop Industries (LOOP) investor relations material
Loop Industries Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary16 Oct, 2026
Executive summary
India facility rescaled from 70,000 to 45,000 metric tons per year to reduce capital needs and accelerate development; commercial rollout depends on financing.
Pre-commercialization technology converts low-value PET and polyester waste into monomers for virgin-quality recycled resin; Terrebonne has operated for over five years, while India and Europe projects advance.
Financial highlights
Q2 FY2027 revenue was $117K, entirely from India JV engineering services, versus nil a year earlier; H1 revenue was $296K versus $252K.
Q2 net loss narrowed to $2.988M from $3.204M; H1 net loss narrowed to $6.372M from $6.651M, mainly reflecting lower R&D and G&A costs.
Q2 cash operating expenses were $1.6M, down $800K YoY; cash and cash equivalents were $836K at Aug. 31, while reported available liquidity was $1.9M.
H1 operating cash use was $2.394M, investing cash use $819K and financing cash inflow $1.731M; cash declined by $1.520M.
Outlook and guidance
If financing is secured, construction is targeted to start in Q1 2027; completion is targeted by end-2028, with startup and commissioning in 2029.
Toyo Engineering is completing a revised project cost estimate; management expects it to be significantly below the original 70,000-ton facility cost.
A second India facility could reach 125,000 metric tons, subject to feedstock availability, and would follow successful startup of the first.
The planned BASF Industriepark Lausitz facility is designed for 70,000 metric tons per year and expected to be operational by 2030; engineering and permitting are next.
A June 2026 LOI with a major apparel company targets up to 15,000 metric tons per year of PET fiber-grade resin.
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Latest events from Loop Industries
- All proposals, including director elections and auditor ratification, were approved by shareholders.LOOP
AGM 2026 - Patented technology transforms low-value polyester waste into high-quality resin, driving global expansion.LOOPInvestor presentation
- Net loss narrowed to $3.39M as India and Europe projects advanced with major customer LOIs.LOOPQ1 2027
- Shareholders will vote virtually on five proposals, including electing a new independent director.LOOPProxy filing
- Key votes include director elections, auditor ratification, and equity plan amendment.LOOPProxy filing
- 2026 proxy covers director elections, auditor ratification, equity plan amendment, and say-on-pay.LOOPProxy filing
- Patented technology transforms polyester waste into high-quality resin, driving global expansion.LOOPInvestor presentation
- Foundational customer deals, cost savings, and narrowed net loss highlight strong project progress.LOOPQ2 2026
- $20.8M financing and first tech license closed; India JV advances, net loss widens.LOOPQ3 2025
Next Loop Industries earnings date
Q3 202714 Jan, 2027
Loop Industries
Next Loop Industries earnings date
Q3 202714 Jan, 2027
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Frequently asked questions
Loop Industries Inc. is a technology company with a focus on environmental sustainability, specifically in the recycling of polyethylene terephthalate (PET) plastics and polyester fibers. Utilizing its proprietary technology, Loop Industries depolymerizes waste PET plastics and polyester fibers, including difficult-to-recycle items such as colored, transparent, and even ocean plastics that have been degraded by the sun and salt. This process breaks these materials down to their base building blocks, which are then polymerized into virgin-quality PET resins. These resins are suitable for use in food-grade packaging, such as water and carbonated soft drink bottles, as well as containers for food and other consumer products. Additionally, the company's technology allows for the production of polyester fibers for textiles, clothing, and apparel. The company is headquartered in Terrebonne, Canada, and its shares are listed on the Nasdaq.