MAY 28·torontotelegraph.com▲
Loop Industries Reports Fourth Quarter and Full Year Fiscal 2026 Results and Provides Update on Business Developments
Loop Industries (Nasdaq:LOOP) reported fiscal 2026 Q4 and full-year results and said its India and Europe projects are progressing. For Infinite Loop India, a Gujarat government MoU supports development; estimated initial capital cost fell to $165–$170 million from ~$190 million, with operations expected in calendar 2028. In Europe, the Reed Société Générale JV selected BASF Industriepark Lausitz (Germany) and is moving into engineering/permitting. The company also cited expense-reduction initia
MAY 27·californiatelegraph.com▲
Loop Industries Reports Fourth Quarter and Full Year Fiscal 2026 Results and Provides Update on Business Developments
Loop Industries (Nasdaq:LOOP) reported fiscal 2026 Q4 and full-year results and said its India and Europe projects are progressing. In India, a Gujarat government MoU supports development; estimated initial capital cost fell to $165–$170M from ~$190M, with operations expected in calendar 2028. In Europe, site selection at BASF Industriepark Lausitz (Germany) moves the project into engineering/permitting. The company also cited expense-reduction initiatives and NRC IRAP non-repayable funding up t