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2026-03-26 09:57:33 -

Loop Industries’ India Joint Venture Reaches Agreement to Acquire Strategic Site in Gujarat, India, for Infinite Loop Manufacturing Facility

Agreement reached to acquire site in the Gujarat state in India with strategic access to textile waste for feedstock, renewable clean energy, industrial infrastructure. Sufficient land on site for both initial 70,000 metric ton facility and further 100,000 metric ton capacity expansion. Total cost of the land is $10.5M which represents $5M reduction in the amount included in project cost...

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