Welcome to our dedicated page for Loop Industries news (Ticker: LOOP), a resource for investors and traders seeking the latest updates and insights on Loop Industries stock.
Loop Industries, Inc. (Nasdaq: LOOP) is a clean technology company focused on converting waste PET plastic and polyester textile waste into virgin-quality PET resin through its patented depolymerization process. The Loop Industries news feed on Stock Titan aggregates company-issued press releases and other coverage so readers can follow how the business is advancing its technology, partnerships and commercialization plans.
Recent news highlights Loop’s progress on its Infinite Loop™ India project, a joint venture with Ester Industries. Updates include the agreement to acquire a 93-acre site in Gujarat, India for an Infinite Loop™ manufacturing facility, the award of a detailed engineering contract to Toyo Engineering India Private Limited, and the execution of engineering services agreements under which Loop provides engineering support to the India joint venture. News items also cover multi-year offtake agreements for Twist™ polyester with Nike, Inc. and a leading global sports apparel company, as well as an offtake agreement with Taro Plast S.p.A. for Loop™ DMT from the planned India facility.
Coverage further includes strategic alliances with Hyosung TNC and Shinkong Synthetic Fibers Corporation to expand access to textile-to-textile circular polyester, the launch of Twist™ as a branded circular polyester resin made entirely from textile waste, and periodic financial results where Loop reports revenues from Loop™ PET resin and engineering services. Corporate updates such as the appointment of a new Chief Financial Officer and details of annual stockholder meetings are also reflected.
Investors and observers can use this news page to review Loop’s disclosed milestones in project development, customer agreements, joint ventures, financing arrangements and operational performance, all in one place.
Loop Industries (Nasdaq: LOOP) reported Q3 fiscal 2026 results and project updates on January 14, 2026. Key commercial milestones include a multi-year offtake agreement with Nike for Twist polyester from the India JV and a detailed engineering award to Toyo for the India facility. Project debt term sheets have been received for the India JV, and site selection is in final stages for a European Infinite Loop facility with Reed Societe Generale Group.
Q3 highlights: revenues $86k (up $34k YoY), net loss $2.944M, cash operating expenses $2.2M (down $1.1M YoY), and total available liquidity $7.7M.
Loop Industries (Nasdaq:LOOP) announced the appointment of Spencer Hart as Chief Financial Officer, effective January 15, 2026. Mr. Hart, a Board member since February 2025, will transition to a full-time executive role while retaining his board seat and leading global financial strategy and capital markets engagement.
Background: Hart has over 30 years in investment banking and capital markets, most recently at Guggenheim Securities. Interim CFO Mike De Notaris will remain at Loop as Vice President of Corporate Development and report to Hart.
Loop Industries (Nasdaq: LOOP) said its India joint venture ELITe awarded the detailed engineering contract for the Infinite Loop India project to Toyo Engineering India, completing the final engineering milestone ahead of construction.
The facility is designed for 70,000 metric tonnes annual PET resin production, targets construction completion by end of 2027, and follows FEED by Tata Consulting Engineers. Capital expenditures are trending below $176 million with $5 million savings from land acquisition. Debt financing led by KPMG in India is in progress and multiple term sheets from international lenders have been received. A multi-year offtake with Nike is signed as the anchor customer.
Loop Industries (Nasdaq: LOOP) announced a multi-year offtake agreement with Nike to supply Twist™, Loop's virgin-quality polyester resin made exclusively from textile waste, making Nike the anchor customer for the Infinite Loop™ India manufacturing facility being constructed with Ester Industries.
The 70,000-tonne facility is projected to cut greenhouse gas emissions by 81% and save up to 418,600 tonnes CO₂/year. Twist™ products will feature full traceability via Loop's proprietary chemical tracer technology.
Loop Industries (Nasdaq:LOOP) reported second quarter fiscal 2026 results and commercial progress on Infinite Loop™ projects in India and Europe.
Key developments include a $10.5M site acquisition in Gujarat with capacity for an initial 70,000 MT plant plus 100,000 MT expansion, multi‑year offtake agreements (including a leading global sports apparel brand and Taro Plast) for Twist™ polyester and Loop™ DMT, strategic alliances with Shinkong and Hyosung TNC, and ongoing project debt syndication managed by KPMG for the India JV.
Financials: Q2 net loss was $3.204M (Q2 FY25: $4.839M); six‑month net loss was $6.651M (2024: $10.028M). Cash operating expenses fell, and available liquidity was $9.86M.
Loop Industries (NASDAQ:LOOP) has signed a significant offtake agreement with Taro Plast to supply Loop™ DMT (dimethyl terephthalate) from its planned Infinite Loop™ India facility. The facility, scheduled to launch in early 2028 through a joint venture with Ester Industries, will produce 70,000 tonnes of PET resin annually.
The Loop™ DMT will be used in automotive and specialty polymer applications, with Taro Plast becoming the first company to integrate this 100% recycled product into its portfolio. Independent testing has confirmed the high purity and performance of Loop™ DMT, which will be used in Taro Plast's TPC Pibiflex® and Riteflex® product lines.
The partnership represents a strategic expansion beyond Loop's traditional bottle-grade & fiber-grade PET resin offerings, diversifying revenue streams in the specialty polymers market.Loop Industries (NASDAQ:LOOP) and Hyosung TNC have announced a strategic alliance to expand circular polyester production through textile-to-textile supply chains. The partnership combines Loop's Infinite Loop™ depolymerization technology with Hyosung TNC's expertise in advanced textile materials.
Loop will transform textile waste into its Twist™ polyester resin, which Hyosung TNC will convert into performance yarns under its Regen™ brand portfolio. The alliance will initially utilize Loop's Terrebonne facility and expand significantly once the planned India Infinite Loop™ facility becomes operational. This collaboration aims to help brands transition from fossil and bottle-based polyester to circular materials, building on their previous success with Pleatsmama's limited-edition handbag project.
Loop Industries (NASDAQ:LOOP) and Shinkong Synthetic Fibers Corporation have announced a strategic alliance to accelerate the transition to circular textile economy. The partnership combines Loop's textile-to-textile manufacturing technology with Shinkong's polyester fiber spinning capabilities and distribution network.
Loop's patented technology transforms end-of-life polyester textile waste into Twist™, a high-purity circular polyester resin for the textile industry. Through this collaboration, Shinkong will offer Twist™ branded resin to its network of over 100 customers globally. The alliance will support the planned Infinite Loop™ India project and enable Loop to provide high-quality circular polyester yarns to customers.
Loop Industries (NASDAQ:LOOP) announced that its India joint venture has secured an agreement to acquire a strategic 93-acre site in Gujarat for its Infinite Loop™ manufacturing facility. The site, located near Surat, India's synthetic textile capital, will cost $10.5 million, representing a $5 million reduction from the original capital cost estimate of $176 million.
The facility will have an initial capacity of 70,000 metric tons per year, with potential expansion for an additional 100,000 metric tons. The plant will be powered by 80% clean, renewable electricity and renewable biofuel, producing PET resin with up to 80% lower carbon emissions compared to traditional virgin PET. The strategic location within a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) offers advantages including expedited permitting and access to skilled labor.
Loop Industries (Nasdaq:LOOP) has launched Twist™, a revolutionary circular polyester resin brand made entirely from textile waste. The product, designed for high-performance textile and apparel applications, utilizes Loop's patented depolymerization technology to break down polyester textile waste into base monomers that are purified and repolymerized.
The innovative Twist™ resin offers significant environmental benefits, reducing greenhouse gas emissions by up to 81% compared to fossil fuel-based resin, potentially saving up to 418,600 tonnes of CO₂ emissions annually. A key differentiator is its complete traceability system using embedded chemical tracers, allowing finished products to be tracked back to their original waste textile inputs.
The product will be manufactured at Loop's Terrebonne facility and the upcoming Infinite Loop™ India facility, strategically positioned to serve global textile and apparel brands at competitive pricing levels.
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