LOOP inks supply deal with Italy's Taro Plast for Loop™ DMT from India plant

Rhea-AI Filing Summary

Loop Industries entered an offtake agreement with Italy-based Taro Plast s.p.a. to supply agreed volumes of its 100% recycled, virgin-quality Loop™ Dimethyl Terephthalate (DMT). The DMT will be produced using Loop's proprietary depolymerization technology at the company's planned Infinite Loop™ facility in India and supplied to Taro Plast once that facility becomes operational. The filing does not disclose volumes, pricing, timing for the plant start-up, or other commercial terms.

Positive

• Secured offtake with an established Italy-based manufacturer (Taro Plast) for Loop™ DMT
• Product specification identified as 100% recycled, virgin-quality DMT produced via Loop's proprietary depolymerization
• Geographic expansion indicated by planned production at the Infinite Loop™ facility in India, targeting international customers

Negative

• Delivery is conditional on the Infinite Loop™ India facility becoming operational
• No commercial terms disclosed: the filing does not state volumes, pricing, delivery schedule, or contract duration
• Timing and revenue impact unclear because plant start-up date and contractual milestones are not provided

Insights

Chemical Industry Analyst

TL;DR: Strategic offtake secures a European end-customer for Loop's recycled DMT, but delivery is conditional on the India facility becoming operational.

The agreement with Taro Plast signals commercial interest from an established manufacturer of engineering plastics for Loop's 100% recycled, virgin-quality DMT, which could help validate product-market fit in Europe and support future revenue once production begins. The filing is limited to a confirmation of an offtake arrangement and explicitly ties supply to the future Infinite Loop™ India facility's operation. Key commercial terms including volumes, pricing, delivery schedule and contract duration are not disclosed, which constrains assessment of near-term revenue impact.

Corporate Development / M&A Specialist

TL;DR: This offtake may de-risk commercial deployment by lining up a buyer, but material value depends on execution and undisclosed contract terms.

From a deal-structuring perspective, securing an offtake with a manufacturing customer like Taro Plast is a positive step toward commercial traction and could support financing or project development efforts for the India facility. However, the filing provides no details on contractual commitments, minimum volumes, penalties or take-or-pay provisions, and delivery is contingent on the plant becoming operational. Without those specifics, the transaction's effect on cash flows, project financing or valuation cannot be determined from this filing alone.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

September 8, 2025

LOOP INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Nevada		001-38301		27-2094706
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

480 Fernand-Poitras

Terrebonne, Quebec, Canada, J6Y 1Y4

(Address of principal executive offices, including zip code)

(450) 951-8555

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, par value $0.0001 per share	LOOP	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On September 8, 2025, Loop Industries, Inc. (the “Company”) entered into an offtake agreement with Taro Plast s.p.a. (“Taro Plast”), an Italy-based manufacturer of engineering plastics and compounds. Under the agreement and subject to its terms, the Company will supply Taro Plast with agreed volumes of its 100% recycled, virgin-quality Loop™ Dimethyl Terephthalate (DMT), produced using the Company’s proprietary depolymerization technology at its planned Infinite Loop™ facility in India, once the facility becomes operational.

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LOOP INDUSTRIES, INC.
Date: September 16, 2025	By:	/s/ Nicolas Lafond
		Nicolas Lafond
		Interim Chief Financial Officer

FAQ

What did LOOP announce in the 8-K?

The company entered an offtake agreement with Taro Plast s.p.a. to supply agreed volumes of Loop™ DMT once the Infinite Loop™ facility in India is operational.

Does the 8-K specify volumes or pricing for the LOOP-Taro Plast agreement?

No. The filing does not disclose volumes, pricing, delivery schedule, or contract duration.

Is LOOP required to deliver DMT immediately?

No. Deliveries are contingent on the planned Infinite Loop™ India facility becoming operational.

Who is the counterparty named in the 8-K?

The counterparty is Taro Plast s.p.a., an Italy-based manufacturer of engineering plastics and compounds.

What type of product will LOOP supply under the agreement?

Loop will supply 100% recycled, virgin-quality Loop™ Dimethyl Terephthalate (DMT) produced using its depolymerization technology.