Loop Industries Inc’s “Independent Review” Of Its Technology Falls Flat
Hindenberg Research’s short report on Loop Industries Inc (NASDAQ:LOOP). Q3 2020 hedge fund letters, conferences and more Two months ago we questioned Loop Industries Inc’s “revolutionary” process for recycling PET plastic that it claimed was “disrupting” the industry. Yesterday, Loop published an “independent review” that seems to indirectly confirm that its technology isn’t effective or economical.Loop claimed in its Q2 2020 SEC report that its new recycling process has “consistently high monomer yields, excellent purity, and improved conversion costs.”But Loop’s “independent review” of its ...