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Loop Industries and Ester Industries have announced a joint venture agreement to build an Infinite Loop(TM) manufacturing facility in India. The facility will produce rDMT, rMEG, and specialty polymers from waste polyesters with a significantly lower carbon footprint. The total capital investment is estimated at approximately US$165 million, with construction expected to be completed by the end of 2026 and commercial operations commencing in early 2027. The partnership aims to target the undersupplied US$28 billion market for DMT and MEG, offering high projected returns due to favorable industry pricing and a low operating cost environment.