What is the revised capital cost for Loop Industries' new Infinite Loop facility in India, and what role did the Gujarat government play in this adjustment?

Loop Industries' new Infinite Loop facility in India has a revised estimated capital cost of $165–$170 million, down from $190 million, following the signing of a Memorandum of Understanding with the Gujarat government. The Gujarat government's backing directly contributed to this $20–$25 million reduction in capital expenditure, though the specific nature of the support (e.g., land, incentives, infrastructure) is not detailed in the body. Operations for the facility are targeted to begin in 2028.

How did Loop Industries' financial performance in Q4 and full-year 2026 reflect changes in its operating expenses?

In Q4 2026, Loop Industries reported revenue of $176k and a net loss of $2.7 million; for the full year 2026, it reported $514k in revenue and a $12.3 million net loss. The body explicitly attributes the financial results to a reduction in research and development (R&D) and general and administrative (G&A) expenses — no other drivers (e.g., revenue growth, margin improvement, or one-time items) are cited. This indicates that the narrowed losses were achieved primarily through cost discipline rather than top-line expansion.

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Loop Industries' $165M–$170M India Plant Plan Gets Gujarat Government Backing

May 27, 2026

Loop Industries secured Gujarat government backing for its $165–$170 million Infinite Loop facility in India, targeting 2028 operations after reducing capital estimates. The company also reported Q4 financial losses and advanced its European joint venture into the engineering phase.

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