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Posted On: 09/12/2025 8:35:33 AM
Post# of 25900
$LOOP Loop Industries and Hyosung TNC Launch Strategic Alliance to Support Shift by Global Brands to Circular Polyester
https://www.accessnewswire.com/newsroom/en/cl...ob-1071824
Supports Loop's Infinite Loop™ India project by further expanding customer base.
Loop transforms textile waste into high-purity Twist™ polyester, which Hyosung TNC will convert into high-performance yarns under its Regen™ portfolio, trusted by leading apparel and textile brands.
MONTRÉAL, QC AND SEOUL, SOUTH KOREA / ACCESS Newswire / September 11, 2025 / Loop Industries, Inc. (Nasdaq:LOOP), a clean technology company dedicated to accelerating circular fashion by manufacturing 100% recycled textile-to-textile polyester ("T2T"
and polyethylene terephthalate ("PET" plastic, and Hyosung TNC, a complete sustainable textile solutions provider, are proud to announce a strategic alliance to expand access to circular polyester through textile-to-textile supply chains.
This alliance combines Loop's Infinite Loop™ depolymerization technology and Hyosung TNC's industry-leading expertise in advanced textile materials to help brands transition from fossil and bottle-based polyester, to next-generation circular materials. Loop transforms low-value textile waste into Twist™ - its branded polyester resin that is 100% recycled, fully traceable, and specifically designed for the textile industry - delivering virgin-quality performance with a significantly reduced environmental footprint. Hyosung TNC then converts this material into performance yarns under its regen™ brand portfolio, trusted by leading brands across fashion, activewear, and other textile markets. The result is a circular solution that meets the technical and environmental needs of today's leading global brands. This relationship has been established for products from Loop's Terrebonne facility and will be significantly expanded once the planned India Infinite Loop™ facility is operational.
As the textile industry continues to shift toward circularity, we believe alliances with circular solutions providers such as Hyosung TNC significantly increases Loop's market coverage and provide additional supply chain options for apparel and textile brands. Hyosung TNC's customer base spans Asian, Europe and North America.
"We are excited to form a strategic alliance with Hyosung TNC, a company known for setting the standard in sustainable textile innovation," said Giovanni Catino, Chief Revenue Officer of Loop Industries. "This alliance with Hyosung TNC is a further important step in delivering high-quality circular materials to the global market. As the industry moves away from virgin fossil fuel-based polyester, building an extensive supply chain infrastructure is essential to support the textile and apparel industry's shift toward circularity."
"Building on the success of our collaboration with brand partner, Pleatsmama, where we introduced a limited-edition handbag made entirely from textile-to-textile recycled polyester, we're proud to deepen our strategic alliance with Loop Industries," said Simon Whitmarsh-Knight, Hyosung TNC Global Sustainability Director - Textiles. "Together, we're advancing circular fashion and reaffirming our shared commitment to reducing dependence on virgin polyester and minimizing the need for raw material extraction."
https://www.accessnewswire.com/newsroom/en/cl...ob-1071824
Supports Loop's Infinite Loop™ India project by further expanding customer base.
Loop transforms textile waste into high-purity Twist™ polyester, which Hyosung TNC will convert into high-performance yarns under its Regen™ portfolio, trusted by leading apparel and textile brands.
MONTRÉAL, QC AND SEOUL, SOUTH KOREA / ACCESS Newswire / September 11, 2025 / Loop Industries, Inc. (Nasdaq:LOOP), a clean technology company dedicated to accelerating circular fashion by manufacturing 100% recycled textile-to-textile polyester ("T2T"
and polyethylene terephthalate ("PET" plastic, and Hyosung TNC, a complete sustainable textile solutions provider, are proud to announce a strategic alliance to expand access to circular polyester through textile-to-textile supply chains. This alliance combines Loop's Infinite Loop™ depolymerization technology and Hyosung TNC's industry-leading expertise in advanced textile materials to help brands transition from fossil and bottle-based polyester, to next-generation circular materials. Loop transforms low-value textile waste into Twist™ - its branded polyester resin that is 100% recycled, fully traceable, and specifically designed for the textile industry - delivering virgin-quality performance with a significantly reduced environmental footprint. Hyosung TNC then converts this material into performance yarns under its regen™ brand portfolio, trusted by leading brands across fashion, activewear, and other textile markets. The result is a circular solution that meets the technical and environmental needs of today's leading global brands. This relationship has been established for products from Loop's Terrebonne facility and will be significantly expanded once the planned India Infinite Loop™ facility is operational.
As the textile industry continues to shift toward circularity, we believe alliances with circular solutions providers such as Hyosung TNC significantly increases Loop's market coverage and provide additional supply chain options for apparel and textile brands. Hyosung TNC's customer base spans Asian, Europe and North America.
"We are excited to form a strategic alliance with Hyosung TNC, a company known for setting the standard in sustainable textile innovation," said Giovanni Catino, Chief Revenue Officer of Loop Industries. "This alliance with Hyosung TNC is a further important step in delivering high-quality circular materials to the global market. As the industry moves away from virgin fossil fuel-based polyester, building an extensive supply chain infrastructure is essential to support the textile and apparel industry's shift toward circularity."
"Building on the success of our collaboration with brand partner, Pleatsmama, where we introduced a limited-edition handbag made entirely from textile-to-textile recycled polyester, we're proud to deepen our strategic alliance with Loop Industries," said Simon Whitmarsh-Knight, Hyosung TNC Global Sustainability Director - Textiles. "Together, we're advancing circular fashion and reaffirming our shared commitment to reducing dependence on virgin polyester and minimizing the need for raw material extraction."
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