Loop Industries Advances $176 Million Infinite Loop PET Recycling Plant in India

Reuters12-16

Loop Industries Advances $176 Million Infinite Loop PET Recycling Plant in India

Loop Industries Inc., in partnership with Ester Industries, is moving forward with its expansion in India by awarding the detailed engineering contract for its Infinite Loop™ India project to Toyo Engineering India Private Limited. This milestone follows the completion of front-end engineering design and advances the construction of India's first Infinite Loop facility, designed to convert textile and plastic waste into virgin-quality PET resin. The facility will have an annual production capacity of 70,000 metric tonnes and is scheduled for completion by the end of 2027. The project, which recently secured Nike as an anchor customer, is progressing under budget and has attracted strong interest from international lenders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loop Industries Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1117884) on December 16, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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