Loop Industries Q2 FY2027: cash opex $1.6M, liquidity $1.9M; India plant cut to 45 KTA

Loop Industries, Inc.

Q2 FY2027 cash operating expenses were $1.6M, down $0.8M year-over-year; total available liquidity was $1.9M at August 31, 2026.
Infinite Loop India facility rescaled to 45 KTA after engineering review to cut capital needs; Toyo Engineering India finalizing updated cost estimate.
Project timeline targets construction completion by end of 2028, with startup and commissioning in 2029; a second, larger India facility is planned after the first starts up.
Special Committee formed by the Board in September 2026 is evaluating equity, debt and non-dilutive financing for Loop's equity share of the India JV.
Loop says no assurance financing, engineering-services or licensing revenue will fund operations through commercial start-up; CEO Daniel Solomita cites disciplined capital allocation.

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