What is the purpose of the joint venture between Loop Industries and Ester Industries in India?

The purpose of the joint venture is to form Ester Loop Infinite Technologies Private Limited (ELITe) to establish a manufacturing facility in India that produces recycled materials—specifically rDMT and rMEG—as well as specialty polymers, using Loop Industries' Infinite Loop technology.

What are the key commercial and operational roles assigned to Loop Industries and Ester Industries under the joint venture agreements?

Under the agreements effective February 4, 2026, Loop Industries licenses its Infinite Loop technology to ELITe for production and sales in India and serves as the exclusive sales and marketing representative for the venture’s output; Ester Industries provides operational services, and both parties have agreed to tiered royalty and fee structures governing these arrangements.

Loop Industries enters agreements for joint venture in India with Ester Industries

Aug 19, 2026

Loop Industries and Ester Industries established a joint venture in India to produce recycled polymers and chemicals using Loop's Infinite Loop technology, effective February 4, 2026.

Investing.com

Loop Industries Enters Joint Venture Agreement with Ester Industries in India

Investing.com

2026-05-19

Loop Industries signs MoU with Gujarat for India facility

2026-05-28

Loop Industries inks MoU to advance first commercial plant in India

2026-08-19

Loop Industries enters agreements for joint venture in India with Ester Industries

Loop Industries enters agreements for joint venture in India with Ester Industries

FAQ