Loop Industries Secures Gujarat Government Alignment Supporting First Commercial Deployment and Multi-Phase India Expansion

MONTREAL, QC AND GURUGRAM, INDIA / ACCESS Newswire / May 19, 2026 / Loop Industries, Inc. (NASDAQ:LOOP) today announced that its joint venture, Ester Loop Infinite Technologies Private Limited ("ELITe"), has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to support the development of Loop's India manufacturing platform. Government Support Facilitates Commercial Deployment The agreement is expected to facilitate permitting, infrastructure coordination, and administrative processes for the project, which represents Loop's first large-scale commercial deployment.