DGAP-News

Loop Industries Announces Independent Review Confirming Effectiveness of Patented Technology - Seite 3

Kemitek's findings through this verification allow us to attest to the capacity of Loop's technology to produce pure monomers within their specifications. Kemitek conducted this verification in an independent manner using rigorous methodology and we ensured process integrity during the three-week testing period via surveillance, sampling and seals."

With the levels of purity confirmed by Kemitek's verification, Loop reiterates that its technology can produce monomers of sufficient purity to create PET plastic and polyester fiber that is 100% recycled and equivalent to virgin PET made from fossil fuels, consistent with previous polymerization trials and testing evaluations by clients and industrial companies.

"Loop Industries enlisted our services to conduct a scientific verification of its Gen II PET depolymerization technology from feedstock to monomers," said Alain Tremblay, M.Sc., Scientific Director at Kemitek and lead of the verification project. "Our findings through this verification allow us to attest to the capacity of Loop's technology to produce pure monomers within their specifications. Kemitek conducted this verification in an independent manner using rigorous methodology and we ensured process integrity during the three-week testing period via surveillance, sampling and seals."

A seasoned and published polymer researcher, professor Jérôme Claverie, Ph.D., from Université de Sherbrooke in Quebec, Canada acted as external scientific expert by observing key parts of the verification and its findings. Dr. Claverie was not compensated in any way by Loop for his participation as an independent expert. As a leading, highly published researcher and the holder of the Canada Research Chair (Tier 1) in Chemistry of Advanced Organic and Hybrid Materials, Dr. Claverie concurred with the conclusion put forward by Kemitek's verification, saying: "After meeting with Loop's team of researchers and engineers, reviewing all of their patents, and observing their technology at mini-pilot and pilot scales, I have absolutely no doubts that the patented PET recycling technology leads to high-purity monomers suitable for repolymerization into virgin-quality PET. Loop's team did not reinvent the fundamental, well-established chemistry underlying depolymerization. However, they optimized a version of this process that provides the ability to effectively depolymerize waste PET plastic at a high purity at below 90-degree temperature, which sets their technology apart."