tiprankstipranks
Loop Industries’ Sustainable Venture in India
Company Announcements

Loop Industries’ Sustainable Venture in India

Loop Industries (LOOP) has released an update.

Don't Miss our Black Friday Offers:

Loop Industries has teamed up with Ester Industries Ltd. to construct an Infinite Loop™ manufacturing facility in India, aimed at producing eco-friendly specialty polymers with a reduced carbon footprint for a market worth US$28 billion. The venture, with an estimated US$165 million capital investment, promises high returns and is expected to start commercial operations in early 2027. This initiative marks a significant step towards sustainable manufacturing in the undersupplied DMT and MEG markets.

For further insights into LOOP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskLoop Industries Advances Financing and Expansion Plans
Brian AndersonLOOP Upcoming Earnings Report: What to Expect?
TheFlyLoop Industries initiated with a Speculative Buy at Cormark
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App