{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-005656","form_type":"8-K","ticker":"LOOP","cik":"0001504678","company_name":"Loop Industries, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.716893+00:00","generated_at":"2026-06-02T17:49:10.326038+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Loop Industries forms 50/50 India JV with Ester to build $165M rDMT/rMEG facility","bullets":["50/50 JV with Ester Industries to build Infinite Loop facility in India; total capital ~$165 million.","Facility to produce 70,000 tpy rDMT and 23,000 tpy rMEG; construction completion by end 2026, operations early 2027.","JV targets $28B global DMT/MEG market; rDMT/rMEG lower carbon footprint by up to 70% vs virgin fossil-based.","Ester to toll-convert monomers into specialty polymers; Loop exclusive sales/marketing agent.","Agreement subject to conditions; termination option if not closed by Dec 31, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-005656","json":"https://secwatch.observer/filing/0001654954-24-005656.json","markdown":"https://secwatch.observer/filing/0001654954-24-005656.md","text":"https://secwatch.observer/filing/0001654954-24-005656.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1504678/000165495424005656/0001654954-24-005656-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1504678/000165495424005656/loop_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T17:49:10.326038+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f37cbdfb921a2509814a8a3dcdc1730e4e4187fc","claim":"Loop Industries, Inc. entered into Agreement with Ester Industries Ltd. valued at USD $165 million (effective 2024-05-01).","evidence_excerpt":"On May 1, 2024, Loop Industries, Inc. (the “Company” or “Loop”) entered into an agreement (the “Agreement”) by and between the Company and Ester Industries Ltd. (“Ester”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1504678/000165495424005656/0001654954-24-005656-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"collaboration"},{"label":"Counterparty","value":"Ester Industries Ltd."},{"label":"Value","value":"USD $165 million"},{"label":"Effective","value":"2024-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}