# 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.

- Type: Partnership
- Announced: 2024-05-01
- Where: India
- Value: $165.0M
- Status: announced
- Products: recycled dimethyl terephthalate (rDMT), recycled mono-ethylene glycol (rMEG), specialty polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [newswire.com](https://www.newswire.com/news/loop-industries-and-ester-industries-ltd-announce-joint-venture-agreement-to), 2024-05-02: "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."

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