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Loop Industries licenses depolymerization technology to ELITe for India recycling plants, global sales rights
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Loop Industries licenses depolymerization technology to ELITe for India recycling plants, global sales rights
  • Loop Industries signed a perpetual, exclusive license with ELITe to build depolymerization plants in India, with other territories possible.
  • ELITe can manufacture rDMT, rMEG, specialty polymers, with worldwide sales rights; Loop earns tiered royalties tied to annual net sales.
  • Royalty terms shift to minimums and maximums once net sales exceed USD 500 million; rates above USD 2 billion go to negotiation.
  • A separate marketing deal makes Loop ELITe’s exclusive sales agent, with tiered fees; Loop controls customer contracts, pricing, quantities.
  • ELITe also signed a services pact with Ester for project and operational support, with tiered fees starting on first commercial sale.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loop Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-028542), on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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