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Loop Industries’ Sustainable Venture in India

Loop Industries’ Sustainable Venture in India

Loop Industries (LOOP) has released an update.

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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.

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