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Loop Industries and Ester Industries form joint venture for India recycling facility · Endata

◂ Announcements

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

May 2, 2024PARTNERSHIPIndia, India

Loop Industries and Ester Industries form joint venture for India recycling facility

Loop Industries and Ester Industries Ltd. formed a 50/50 joint venture to build an Infinite Loop manufacturing facility in India, producing rDMT, rMEG and specialty polymers from waste polyesters, with a total capital investment of approximately US$165 million. Construction is expected to complete at the end of 2026 with commercial operations in early 2027.

Value

$165.0M

Status

Announced

Productsrecycled dimethyl terephthalaterecycled mono-ethylene glycolspecialty polymers

CompaniesLoop Industries partner Ester Industries partner

Sectors#Plastics and Polymers

“Loop Industries, Inc. today concluded an agreement with Ester Industries Ltd. to form a 50/50 India joint venture to build and operate an Infinite Loop India manufacturing facility”acnnewswire.com

1 source
acnnewswire.comLoop Industries and Ester Industries Ltd. Announce Joint Venture Agreement to Build an Infinite Loop(TM) Manufacturing Facility in IndiaMay 2, 2024

Summarized from public sources; check the original articles before acting on it.

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Dec 16, 2025CONTRACTIndia, India
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May 2, 2024PARTNERSHIPIndia$165.0M
Loop Industries and Ester Industries form joint venture for recycling facility in India
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May 1, 2024PARTNERSHIPIndia$165.0M
Loop Industries and Ester Industries form JV for recycling facility in India
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Feb 17, 2023NEW FACILITYSaint-Avoid, France, France$479.6Mops 2027
SK Geo Centric, SUEZ and Loop Industries to build $480M plastic recycling plant in France
SK Geo Centric Suez partner kedglobal.com
Feb 16, 2023NEW FACILITYSaint-Avold, Grand Est, France$480.0M200 jobs
Suez, Loop Industries and SK Geo Centric to build PET recycling plant in Saint-Avold, France
Suez partner Loop Industries partner tradingsat.com

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