Ester Loop Infinite Technologies secures LOI for 15,000 MT of recycled PET resin
Ester Loop Infinite Technologies, a joint venture between Ester Industries and Loop Industries, signed a non-binding Letter of Intent to supply 15,000 metric tonnes per year of Loop PET Fiber Grade resin to an unnamed global sports brand. The resin will be produced at its upcoming Nandida, Gujarat plant, expected to become operational by 2028.
Capacity
15,000 metric tonnes per year
ProductsLoop PET Fiber Grade resinrecycled PET resin
“Ester Loop Infinite Technologies secured an LOI for 15,000 MT of textile-to-textile recycled PET resin from its upcoming Gujarat plant.”helloentrepreneurs.com
- 3 sources
- helloentrepreneurs.comEster Loop Infinite Technologies bags non-binding LOI to supply its Loop PET Fiber Grade resin - Hello EntrepreneursAbizar AttariAug 12, 2026
- manufacturing.economictimes.indiatimes.comRecycled PET: Ester-Loop JV bags 15,000-tonne annual resin order from a global sports brand, ETManufacturingETManufacturing DeskAug 14, 2026
- modernplastics.inEster Loop Infinite Technologies Private Limited (ELITe – Ester & Loop 50:50 JV Company) Secures Multi-Year LOI with Leading Global Sports Brand for Up to 15,000 MT per Year - Modern PlasticsPlasticsprAug 18, 2026
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