Loop Industries announced on October 15, 2025 that it had entered into an acquisition agreement for a 93‑acre site to host its Infinite Loop India facility, marking a critical step toward commercial production in India.
The company also disclosed multi‑year offtake agreements: one with a leading global sports apparel brand for Twist™ polyester and another with Taro Plast for the supply of DMT from the India facility, securing long‑term revenue streams for the new plant.
Additionally, Loop confirmed strategic alliances with Shinkong and Hyosung TNC to support the shift of global apparel brands toward textile‑to‑textile circular polyester, and reported positive progress on project debt financing for the India facility. The company will hold an update call at 8:45 AM ET on Thursday, October 16, 2025 to discuss further commercialization milestones.
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