Loop Industries Secures Funding to Support Commercial Deployment of Proprietary Chemical Recycling Process for Hard-to-Recycle Plastic Waste

MONTRÉAL, QC / ACCESS Newswire / June 3, 2026 / Loop Industries (NASDAQ:LOOP), a clean technology company accelerating the transition to circular plastic and polyester manufacturing, today announces that its wholly-owned subsidiary, Loop Canada Inc., is receiving funding of up to C$2.92 million as well as advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). Supported through the NRC IRAP Clean Technology initiative, this multi-year project supports scale-up, engineering, operational efficiency, and deployment initiatives associated with Loop's proprietary Infinite Loop™ technology platform.