Twist™ polyester
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Loop Industries Reports Second Quarter Fiscal 2026 Results and Provides Update on Positive Progress Towards Commercialization
Accessnewswire· 2025-10-15 20:35
Core Insights - Loop Industries has secured a multi-year offtake agreement with a leading global branded sports apparel company for the sale of Twist™ polyester from the Infinite Loop India facility [1] - The company has also established an offtake agreement to supply DMT to Taro Plast from Infinite Loop India [1] - Strategic alliances have been formed with Shinkong and Hyosung TNC to support the shift by global apparel brands towards textile-to-textile circular polyester [1] - An acquisition agreement has been made for a 93-acre site for the Infinite Loop facility in India [1] - Positive progress has been reported on project debt financing for Infinite Loop India [1] - The commercialization timeline for Infinite Loop Europe is advancing [1] - Loop Management will hold an update call on October 16, 2025, at 8:45 AM ET [1]
Loop Industries and Hyosung TNC Launch Strategic Alliance to Support Shift by Global Brands to Circular Polyester
Accessnewswire· 2025-09-11 22:00
Core Insights - The article highlights the collaboration between Loop and Hyosung TNC to support Loop's Infinite Loop™ India project, which aims to expand the customer base for sustainable textile solutions [1] Group 1: Company Initiatives - Loop is transforming textile waste into high-purity Twist™ polyester, which is a key component in sustainable textile production [1] - Hyosung TNC will utilize Loop's Twist™ polyester to produce high-performance yarns under its Regen™ portfolio, which is recognized by leading apparel and textile brands [1]