Infinite Loop™ India Manufacturing Facility
Sector: Manufacturing (Industrial) • Location: Gujarat, India
Source: The Globe and Mail
Loop Industries is progressing towards groundbreaking its first planned manufacturing facility in India, called Infinite Loop™ India. The project involves securing off-take agreements with apparel and CPG brands, finalizing site selection in Gujarat province, and supporting detailed engineering through an agreement with ELITe, a joint venture with Ester Industries Ltd. The facility will include a
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Participants
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Company | Obfuscated Data |
Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Loop Industries is progressing towards groundbreaking its first planned manufacturing facility in India, called Infinite Loop™ India. The project involves securing off-take agreements with apparel and CPG brands, finalizing site selection in Gujarat province, and supporting detailed engineering through an agreement with ELITe, a joint venture with Ester Industries Ltd. The facility will include a continuous polymerization line to enhance operational efficiency, with a total estimated investment of $176 million including construction financing, land acquisition, engineering expenses, and initial working capital. KPMG has been retained to manage the debt syndication process. |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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