Loop Industries, Inc.
For the period ended Oct 15, 2026. Filed Oct 15, 2026.
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Oct 15, 2026 · Filed Oct 15, 2026
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LOOP$0.250.0%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Infinite Loop™ India: Optimizing scale to Support Faster Execution
Infinite Loop™India: Optimizing scale to Support Faster Execution
Loop’s planned first commercial facility in India has been rescaled to a capacity of 45 kilotonnes per annum (KTA), following an engineering review intended to reduce the project’s estimated capital requirement and support a more focused development plan:
| ● | Lower Capital Requirement: Reducing the scale of the facility will directly lower the overall facility cost, decreasing both our debt and equity financing needs. Toyo Engineering India Private Limited is completing a comprehensive analysis to finalize the updated cost estimate. |
| ● | Shorter Timeline: The streamlined capacity allows for a more efficient capital-raising process and faster construction. The project target timeline is for construction completion by the end of 2028, with startup and commissioning scheduled for 2029. |
| ● | Attractive Return on Investment: The facility is positioned to deliver high returns due to the advantages of Loop’s unique technology, which combines virgin quality product with low operating costs, together with being located in a low-cost environment in India that offers access to plentiful textile waste. |
| ● | Multi-Facility Plan: This is the first of two facilities planned for the India site. The second facility is expected to be larger than the first and is planned to be developed following the successful start-up of the initial facility. |
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