Loop Industries (NASDAQ: LOOP) Secures Strategic Gujarat, India Site, Igniting Infinite Loop Trademark Global Growth - More Stocks Inside

Loop Industries, Inc. (Nasdaq: LOOP), a leader in 100% recycled PET plastic and polyester fiber, has reached a key milestone in its India growth strategy by securing a 93-acre site in Gujarat for its first Infinite Loop Trademark manufacturing facility in the country. Strategically positioned within a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) near Surat-widely recognized as India's synthetic textile capital-the location provides direct and plentiful access to polyester textile waste feedstock, a critical resource for Loop's recycling technology. The site's proximity to a deep-water seaport will facilitate cost-efficient global resin exports, while the availability of a highly skilled petrochemical workforce in the region is expected to accelerate construction, commissioning, and operational readiness.

In addition to Loop Industries, Inc. (Nasdaq: LOOP) keep an eye on: Trinity Biotech (NASDAQ: TRIB), Aeries Technology Inc. (NASDAQ: AERT), Power Metallic Inc. (OTCQB: PNPNF | TSX.V: PNPN),Inspire Veterinary Inc. (NASDAQ: IVP) and Synergy CHC Corp. (NASDAQ: SNYR) just reported their 10th consecutive profitable quarter up 125% YoY, with FOCUSfactor Registered driving the global expansion, as they are moving aggressively in early trading today.

The Gujarat plant will operate on 80% clean, renewable electricity and renewable biofuels, cutting the carbon footprint of its PET resin by up to 80% compared to petroleum-based production. Loop expects permitting to be completed by year-end 2025, positioning the site as a showcase for sustainable, large-scale polyester recycling in one of the world's largest textile markets.

The land acquisition, priced at $10.5 million, comes in $5 million below the project's original cost estimate of $176 million, as outlined in the FEED study by Tata Consulting Engineers. An initial $1.7 million deposit has secured the property, which has ample capacity for both the planned 70,000 metric ton per year facility and a future 100,000 metric ton expansion. With strategic location advantages, reduced capital costs, and scalable green production capacity, Loop Industries' India venture is poised to set a new benchmark for circular economy manufacturing in Asia.

Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TheStreetReports (TSR) is responsible for the production and distribution of this content."TSR" is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. "TSR" authors, contributors, or its agents, may be compensated for preparing research, video graphics, podcasts and editorial content. "TSR" has not been compensated to produce content related to "Any Companies" appearing herein. As part of that content, readers, subscribers, and everyone viewing this content are expected to read the full disclaimer in our website.

Media Contact
Company Name: The Street Reports
Contact Person: Editor
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=loop-industries-nasdaq-loop-secures-strategic-gujarat-india-site-igniting-infinite-loop-global-growth-more-stocks-inside]
Country: United States
Website: http://www.thestreetreports.com

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.