# 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.

- Type: Contract
- Announced: 2026-08-12
- Where: Nandida, Gujarat, India
- Status: announced
- Capacity: 15,000 metric tonnes per year
- Products: Loop PET Fiber Grade resin, recycled PET resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Ester Loop Infinite Technologies](https://endata.com/companies/89218.md)
- [Loop Industries](https://endata.com/companies/4019.md) (partner)
- [Ester Industries](https://endata.com/companies/13820.md) (partner)
- [Ester Loop Infinite Technologies](https://endata.com/companies/89218.md) (supplier)

## Sources

- [helloentrepreneurs.com](https://helloentrepreneurs.com/business/ester-loop-infinite-technologies-bags-non-binding-loi-to-supply-its-loop-pet-fiber-grade-resin-93861/), 2026-08-12: "Ester Loop Infinite Technologies secured an LOI for 15,000 MT of textile-to-textile recycled PET resin from its upcoming Gujarat plant."
- [manufacturing.economictimes.indiatimes.com](https://manufacturing.economictimes.indiatimes.com/news/chemicals/ester-loop-jv-bags-15000-tonne-annual-resin-order-from-a-global-sports-brand/133231642), 2026-08-14: "With Nike already on board as our anchor customer, this second commitment from a premier sports brand reaffirms the strong market demand for circular, textile-to-textile recycled polyester."
- [modernplastics.in](https://modernplastics.in/2026/08/18/ester-loop-infinite-technologies-private-limited-elite-ester-loop-5050-jv-company-secures-multi-year-loi-with-leading-global-sports-brand-for-up-to-15000-mt-per-year/), 2026-08-18: "This agreement is a strong validation of our technology’s ability to deliver virgin-quality, sustainable resin at commercial scale."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.