Marvin Wolff's questions to Loop Industries Inc (LOOP) leadership • Q1 2026
Question
Requested details about the two potential sites in India, including permitting, utilities, and power needs. Also asked about long-lead equipment, the value of the contributed polymerization unit, and whether customers would be named in press releases.
Answer
The Indian sites are in pre-zoned industrial parks where permits are acquired with the land, allowing for immediate construction. Loop will build its own utilities, which are included in the CapEx. The plant requires less than 5 megawatts of power, with steam generated from biomass. There is no long-lead equipment to order, as the polymerization reactors are already in stock and valued at approximately $5M for the equity contribution. Loop anticipates announcing customer names in future press releases.