Loop Industries Inc. Acquires Strategic Site in Gujarat, India for Recycling Facility Expansion

Reuters

Aug 14

<a href="https://laohu8.com/S/LOOP">Loop Industries Inc</a>. Acquires Strategic Site in Gujarat, India for Recycling Facility Expansion

Loop Industries Inc. has announced that its joint venture in India has reached an agreement to acquire a strategic site in Gujarat for the development of an Infinite Loop™ manufacturing facility. The site, located near Surat, will provide strategic access to textile waste for feedstock and renewable clean energy. The total cost of the land is $10.5 million, a $5 million reduction from the initial project cost estimate. The 93-acre site will support both an initial 70,000 metric ton facility and a planned expansion of an additional 100,000 metric tons once operational.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loop Industries Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1060583) on August 13, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Acquires Strategic Site in Gujarat, India for Recycling Facility Expansion","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/LOOP\">Loop Industries Inc</a>. Acquires Strategic Site in Gujarat, India for Recycling Facility Expansion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Loop Industries Inc. has announced that its joint venture in India has reached an agreement to acquire a strategic site in Gujarat for the development of an Infinite Loop™ manufacturing facility. The site, located near Surat, will provide strategic access to textile waste for feedstock and renewable clean energy. The total cost of the land is $10.5 million, a $5 million reduction from the initial project cost estimate. 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Acquires Strategic Site in Gujarat, India for Recycling Facility Expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-14 04:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/LOOP\">Loop Industries Inc</a>. Acquires Strategic Site in Gujarat, India for Recycling Facility Expansion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Loop Industries Inc. has announced that its joint venture in India has reached an agreement to acquire a strategic site in Gujarat for the development of an Infinite Loop™ manufacturing facility. The site, located near Surat, will provide strategic access to textile waste for feedstock and renewable clean energy. The total cost of the land is $10.5 million, a $5 million reduction from the initial project cost estimate. 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ID: 1060583) on August 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LOOP","symbol_name":"Loop Industries Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250813:nNDL37DhGn:1","article_id":"2559981879","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559981879","pubTimestamp":1755116311,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Loop Industries Inc. has announced that its joint venture in India has reached an agreement to acquire a strategic site in Gujarat for the development of an Infinite Loop manufacturing facility. 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