Loop Industries Inc. has announced the execution of a $1.5 million engineering services agreement with Ester Loop Infinite Technologies Private Ltd. (ELITe) for their Infinite Loop India project. This agreement marks a significant step in the global deployment of Loop's PET depolymerization technology and supports the construction phase of the Infinite Loop™ India facility, expected to commence in the latter half of 2025. The agreement also highlights the growing role of engineering services in Loop's commercialization strategy, as the company continues to secure customer off-take agreements with global brands in the textile and consumer packaged goods sectors. Further details about the project and additional partnerships will be disclosed as they become available.
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