Loop Industries JV Acquires 93 Acres in Gujarat for New Manufacturing Facility

Reuters

Aug 20

Loop Industries JV Acquires 93 Acres in Gujarat for New Manufacturing Facility

Loop Industries Inc. announced on August 13, 2025, that its joint venture, Ester Loop Infinite Technologies Private Limited, has entered into an agreement to acquire approximately 93 acres of land in Gujarat, India. This land will be used for developing an Infinite Loop™ manufacturing facility. The purchase price is set at 9,072,000 Indian rupees per acre, with payments structured as advance payments secured by mortgages, and the remaining balance due upon the transfer of title. The transaction includes conditions such as obtaining necessary governmental approvals and the construction of an access road to the site.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-027360), on August 19, 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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ID: 0001437749-25-027360), on August 19, 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:20250819:nNDL9cZq84:1","article_id":"2560112851","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560112851","pubTimestamp":1755634358,"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. announced on August 13, 2025, that its joint venture, Ester Loop Infinite Technologies Private Limited, has entered into an agreement to acquire approximately 93 acres of land in Gujarat, India. 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Loop Industries Inc. published the original content used to generate this ne","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LOOP":"Loop Industries Inc","BK4090":"商品化工"},"translate_title":"Loop Industries合资企业在古吉拉特邦收购93英亩土地用于新制造工厂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LOOP":0.9},"content_text":"Loop Industries JV Acquires 93 Acres in Gujarat for New Manufacturing Facility\n    \n\nLoop Industries Inc. announced on August 13, 2025, that its joint venture, Ester Loop Infinite Technologies Private Limited, has entered into an agreement to acquire approximately 93 acres of land in Gujarat, India. This land will be used for developing an Infinite Loop™ manufacturing facility. The purchase price is set at 9,072,000 Indian rupees per acre, with payments structured as advance payments secured by mortgages, and the remaining balance due upon the transfer of title. 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