Loop Industries Picks BASF Park in Germany for First European Infinite Loop Facility

Reuters

Feb 17

Loop Industries Picks BASF Park in Germany for First European Infinite Loop Facility

Loop Industries Inc. and its joint venture, Infinite Loop Europe, have selected BASF Industriepark Lausitz in Schwarzheide, Germany, as the site for their first European Infinite Loop™ manufacturing facility. The project, developed in partnership with Reed - Société Générale Group, will utilize Loop’s proprietary depolymerization technology to produce 70,000 metric tons per year of recycled PET and polyester fiber. The facility, expected to be operational by 2030, marks the first implementation of Loop's capital-light licensing model in Europe.

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: 202602170800ACCESSWRNAPR_____1137349) on February 17, 2026, and is solely responsible for the information contained therein.

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The project, developed in partnership with Reed - Société Générale Group, will utilize Loop’s proprietary depolymerization technology to produce 70,000 metric tons per year of recycled PET and polyester fiber. The facility, expected to be operational by 2030, marks the first implementation of Loop's capital-light licensing model in Europe.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>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: 202602170800ACCESSWRNAPR_____1137349) on February 17, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\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:20260217:nNDL82cBGx:1","article_id":"2612452608","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612452608","pubTimestamp":1771333348,"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. and its joint venture, Infinite Loop Europe, have selected BASF Industriepark Lausitz in Schwarzheide, Germany, as the site for their first European Infinite Loop manufacturing facility. 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The project, developed in partnership with Reed - Société Générale Group, will utilize Loop’s proprietary depolymerization technology to produce 70,000 metric tons per year of recycled PET and polyester fiber. The facility, expected to be operational by 2030, marks the first implementation of Loop's capital-light licensing model in Europe.\n      \n\n\nDisclaimer: 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. 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