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Loop Industries and Ester Industries form JV for recycled polymer plant in India · Endata

◂ Announcements

May 5, 2024PARTNERSHIPIndia, India

Loop Industries and Ester Industries form JV for recycled polymer plant in India

Loop Industries and Ester Industries announced a 50/50 joint venture to build a manufacturing facility in India producing 70,000 tonnes of rDMT and 23,000 tonnes of rMEG annually, with a US$165 million investment.

Value

$165.0M

Status

Announced

Capacity

70,000 tonnes rDMT and 23,000 tonnes rMEG annually

Productsrecycled dimethyl terephthalate (rDMT)recycled mono-ethylene glycol (rMEG)specialty polymers

CompaniesLoop Industries partner Ester Industries partner

Sectors#Plastics and Polymers #Specialty Chemicals

“This partnership reinforces our dedication to advancing sustainable solutions in the polymer industry.”worldoftechnicaltextile.com

1 source
worldoftechnicaltextile.comLoop and Ester Industries partner for sustainable polymer production in India - Techtextiles & NonwovensThe Textile MagazineMay 5, 2024

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

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