Loop Industries has reduced the planned size of its PET recycling plant in India by 36%. This decision reflects broader market trends currently impacting resin prices.
Loop Industries reported a narrower Q2 fiscal 2027 net loss and rescaled its India facility to 45 kilotonnes annually, targeting completion by end of 2028 while actively seeking funding for joint vent
Loop Industries secured lender interest and signed a 15,000-tonne LOI for its Infinite Loop India project, while applying for a $28 million subsidy and advancing Europe negotiations.
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.
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.
Loop Industries signed an MoU with Gujarat to develop a manufacturing facility via its joint venture, targeting 70,000 tonnes initial capacity. Estimated capital costs stand at $165-170 million for th
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