Loop Industries and Ester Industries form JV for recycling facility in India

Loop Industries and Ester Industries Ltd. formed a 50/50 joint venture to build an Infinite Loop manufacturing facility in India. The facility will produce recycled DMT, MEG, and specialty polymers from waste polyesters, with a total capital investment of approximately US$165 million.

“The India JV leverages the complementary skill set of each partner by combining Loop's innovative technology and well-established global customer base with Ester's nearly 40 years of specialized polymer production.”newswire.com

• 1 source
• newswire.comLoop Industries and Ester Industries Ltd. Announce Joint Venture Agreement to Build an Infinite Loop(TM) Manufacturing Facility in India to Produce rDMT, rMEG and Specialty Polymers From Waste Polyesters with a Significantly Lower Carbon Footprint | NewswireMay 2, 2024

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