Where is Loop Industries planning to build its first commercial manufacturing plant in India, and what is the expected annual production capacity of the initial facility?

Loop Industries has signed a Memorandum of Understanding (MoU) with the government of Gujarat, India, to establish its first commercial manufacturing plant in the Bharuch industrial corridor; the initial facility is expected to produce around 70,000 tonnes annually.

What is the estimated capital cost for the initial phase of Loop Industries' commercial plant in Gujarat, and how does it compare to previous estimates?

The estimated capital cost for the initial phase of Loop Industries' commercial plant in Gujarat has been reduced to $165–170 million due to various cost considerations.

Loop Industries inks MoU to advance first commercial plant in India

May 28, 2026

Loop Industries signed an MoU with Gujarat, India, to establish its first commercial plant in the Bharuch corridor, aiming for 70,000 tonnes annual capacity at a cost of $165–170 million.

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