| Founded | 2014 |
|---|---|
| Closed | 2022 |
| Country | Canada |
| Sector | Cleantech |
| Collapse type | Fraud Explosion |
| Founder | Daniel Solomita |
Loop Industries
"The plastic recycling unicorn that Hindenburg Research exposed as vaporware."
Sudden collapse triggered by fraud exposure
Key Events Timeline
Loop Industries, a Nasdaq-listed company led by CEO Daniel Solomita, claimed to have developed technology to depolymerize low-quality PET plastic waste into virgin-quality resin.
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