Loop Industries Stock Price, News & Analysis

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.

Loop Industries (NASDAQ:LOOP) reported Q1 fiscal 2026 results and provided updates on its India and European expansion plans. The company reported revenues of $252,000, up from $6,000 in the same period last year, and reduced its net loss to $3.45 million from $5.19 million.

In India, Loop is finalizing site selection between two locations in Gujarat province and signed a $1.5 million engineering services agreement with ELITe. The total investment for the Indian facility is estimated at $176 million, which will include a continuous polymerization line. KPMG has been retained to manage debt syndication.

The company ended Q1 with $12.3 million in total available liquidity and reduced cash operating expenses by $2.2 million year-over-year to $2.6 million. Loop is also progressing with site selection for its first European facility in partnership with Reed Societe Generale Group, implementing a modular construction strategy to reduce costs and accelerate project timelines.

Loop Industries has signed a $1.5 million engineering services agreement with Ester Loop Infinite Technologies Private Ltd. (ELITe), its India joint venture with Ester Industries Ltd. This agreement supports the construction phase of the Infinite Loop India facility, with groundbreaking expected in H2 2025. The deal follows a previous engineering services agreement completed in Q4 2025 and Q1 2026. Loop Industries, focused on manufacturing 100% recycled PET plastic and polyester fiber, sees engineering services as a growing revenue stream in its commercialization strategy. The company is actively working to secure customer off-take agreements with global brands in textile and consumer packaged goods sectors for the India project.

Loop Industries reported Q4 and FY2025 results, generating its first significant revenue of $10.8M, primarily from a technology license sale to Reed Societe Generale Group ($10.4M) and engineering services. The company's India joint venture, ELITe, received confirmation from TATA Consulting Engineers on capital expenditure projections for their Infinite Loop facility, estimated at $176M including a continuous polymerization line. The India facility, with 70,000 metric tons annual capacity, is expected to break ground in H2 2025 and start operations in 2027. Loop ended Q4 with $13M cash after securing $20.8M through license sale and Series B stock issuance. The company reported net income of $6.8M for Q4 FY2025, compared to a $5.1M loss in Q4 FY2024, while full-year net loss improved to $15.1M from $21.1M.

Loop Industries (NASDAQ:LOOP), a clean technology company focused on creating a circular plastics economy and circular fashion through 100% recycled PET plastic and textile-to-textile polyester fiber manufacturing, has announced its participation in the upcoming Gabelli Funds' 11th Annual Waste & Sustainability Symposium.

The event will take place on April 3rd, 2025 at The Harvard Club in New York City, where Loop's Founder and CEO Daniel Solomita and Head of Investor Relations Kevin O'Dowd will present at 2:15 PM. The company will conduct a group presentation and engage in one-on-one meetings with institutional investors and financial analysts. Virtual participation options are available through the Gabelli Funds conference portal.

Loop Industries (NASDAQ:LOOP), a clean technology company focused on manufacturing 100% recycled PET plastic and textile-to-textile polyester fiber, has announced key senior leadership changes to support its technology commercialization phase.

The company has promoted Adel Essadam to Chief Operating Officer from his previous role as VP of Science and Technology. Essadam, a recognized expert in plastic chemical recycling, will lead commercial facilities development and global technology licensing initiatives, including involvement in joint ventures with Reed Societe Generale Group and Ester Industries.

Giovanni Catino has been appointed Chief Revenue Officer, advancing from VP of Sales, to lead global supply chain development and polyester fiber partnerships. Additionally, Nicolas Lafond will serve as Interim CFO, replacing Fady Mansour who is departing immediately. The company also welcomed Spencer Hart, a 30-year investment banking veteran, to its Board of Directors on February 10, 2025.

Loop Industries (NASDAQ:LOOP) announced a three-way collaboration with Hyosung TNC and Pleatsmama to produce 100% recycled drawn textured yarn for -edition handbags. The initiative utilizes Loop's Infinite Loop™ textile-to-textile recycling technology, which transforms low-value mixed polyester textile waste into virgin-quality polyester.

The collaboration demonstrates a significant advancement in circular fashion, with Loop supplying recycled polyester chips, Hyosung TNC converting them into high-performance yarn, and Pleatsmama creating eco-friendly handbags. The technology offers substantial environmental benefits, reducing greenhouse gas emissions by up to 80% and requiring up to 91% less non-renewable primary energy compared to traditional virgin polyester production.

This innovation addresses a critical market need, as polyester represents approximately half of the textile market, reaching an estimated 71 million metric tons in 2023. The Infinite Loop™ technology can recycle even the lowest-value polyester waste, regardless of color or composition, providing a sustainable solution for textile waste that traditionally ends up in landfills or is incinerated.

Loop Industries (NASDAQ:LOOP) reported Q3 fiscal 2025 results and significant business developments. The company closed financing and technology licensing transactions with Reed Societe Generale Group for total cash proceeds of $20.8 million, including the issuance of Series B Convertible Preferred Stock and its first technology license sale for European deployment.

The company's Infinite Loop India project is advancing with partner Ester Industries, with groundbreaking expected in Q2 2025 and operations starting in 2027. The facility will produce T2T polyester fiber and bottle-grade PET resin.

Financial results showed revenue of $52,000 for Q3, up from $26,000 in the same period last year. The company recorded a net loss of $11.9 million, compared to $4.2 million in Q3 2023, primarily due to an $8.46 million equipment impairment charge following the termination of the SK Geo Centric joint venture in South Korea.