https://www.taxtmi.com/news?id=65287 ELITe awarded Toyo Engineering India the detailed engineering contract for the Infinite LoopTM India chemical recycling facility, covering detailed design, procurement engineering, and technical documentation for a plant sized at 70,000 metric tonnes annual PET resin capacity. The award is described as the final engineering milestone ahead of construction, with target completion by end of 2027; commercial support includes an anchor offtake agreement and reported land acquisition savings of USD 5 million, while debt financing is reported to be progressing with multiple term sheets. en-us Fri, 19 Dec 2025 16:46:03 +0530 Fri, 19 Dec 2025 16:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=65287 ELITe awarded Toyo Engineering India the detailed engineering contract for the Infinite LoopTM India chemical recycling facility, covering detailed design, procurement engineering, and technical documentation for a plant sized at 70,000 metric tonnes annual PET resin capacity. The award is described as the final engineering milestone ahead of construction, with target completion by end of 2027; commercial support includes an anchor offtake agreement and reported land acquisition savings of USD 5 million, while debt financing is reported to be progressing with multiple term sheets. News - Fri, 19 Dec 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=65287