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Loop Industries Expands with New Facility in India

Story Highlights
  • Loop Industries’ joint venture signed an agreement to acquire land in Gujarat, India.
  • The project aims to enhance Loop Industries’ operational capacity in sustainable recycling.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Loop Industries Expands with New Facility in India

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Loop Industries ( (LOOP) ) has provided an announcement.

On August 13, 2025, Loop Industries‘ joint venture, Ester Loop Infinite Technologies Private Limited, signed an agreement to acquire 93 acres of land in Gujarat, India, for an Infinite Loop™ manufacturing facility. The agreement involves land consolidation, title transfer, and necessary governmental approvals, with a purchase price of 9,072,000 Indian rupees per acre. The project aims to enhance Loop Industries’ operational capacity and strengthen its market position in sustainable recycling technologies.

The most recent analyst rating on (LOOP) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Loop Industries stock, see the LOOP Stock Forecast page.

Spark’s Take on LOOP Stock

According to Spark, TipRanks’ AI Analyst, LOOP is a Neutral.

Loop Industries’ financial performance is the most significant factor affecting its score, with ongoing profitability and leverage challenges. Technical analysis shows a strong stock price trend, which positively impacts the score. Earnings call sentiment is positive, highlighting strategic progress but also revealing funding and timing risks. Valuation concerns remain due to negative earnings.

To see Spark’s full report on LOOP stock, click here.

More about Loop Industries

Loop Industries, Inc. operates in the recycling industry, focusing on the development of sustainable technologies to convert waste plastics into high-purity, virgin-quality PET resin. The company is committed to reducing plastic waste and promoting circular economy solutions.

Average Trading Volume: 363,640

Technical Sentiment Signal: Sell

Current Market Cap: $73.96M

Find detailed analytics on LOOP stock on TipRanks’ Stock Analysis page.

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