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#Recycling / Circular Economy

Loop Industries and Shinkong launch strategic alliance to support shift by global brands to circular Polyester

Loop Industries, Inc. (Nasdaq:LOOP), a clean technology company dedicated to accelerating the circular fashion and textile economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile (T2T) polyester, and Shinkong Synthetic Fibers Corporation, a leader in Taiwan's polyester industry and a global leader in sustainable and high-performance polyester yarn solutions for apparel brands, are pleased to announce a strategic alliance aimed at driving the transition from a linear to a circular textile economy.

This strategic partnership combines Loop's textile-to-textile manufacturing technology and Shinkong's polyester fiber spinning capabilities and customer network.

Loop's patented technology transforms end-of-life polyester textile waste into Twist™, a high-purity, circular polyester resin engineered for the textile and apparel industry. Unlike traditional recycling methods, Loop's process effectively removes dyes, blends, and contaminants, making it uniquely suited for complex textile waste streams. The result is a fully traceable material, from feedstock to finished product, that meets the quality, performance, and transparency standards global brands demand.

As a core enterprise of the Shinkong Group, Shinkong Synthetic Fibers is committed to innovation and sustainable development. Shinkong possesses over half a century of rich experience and holds an important position in fields such as polyester fibers, polyester chips, polyester films, and engineering plastic. The company continually invests in research and development, creating high-quality, high-value-added products, including functional fibers and eco-friendly fibers. In recent years, Shinkong Synthetic Fibers has actively responded to global sustainability trends, vigorously promoting green manufacturing and circular economy.

By joining forces, Loop and Shinkong aim to meet the growing demand from leading apparel brands for next-generation materials by using Loop's textile-to-textile technology. This innovative polyester offers virgin-quality performance combined with a significantly reduced environmental footprint.

This collaboration plays a strategic role in the planned Infinite Loop™ India project, as Shinkong's customer relationships and distribution channels will further ensure that Twist™ branded resin can be transformed into high-performance yarns and distributed through global supply chains, in addition to the India JV's direct sales to global textile and apparel brands. With access to Twist™, Shinkong can now offer best-in-class textile-to-textile recycled yarns to its network of over 100 customers worldwide. Through Shinkong's yarn-spinning expertise, Loop can now supply high-quality circular polyester yarns to its customers. This makes it easier for them to source next-gen materials and cuts out steps in the supply chain.

"Partnering with Shinkong represents an important milestone in providing circular polyester solutions to global brands," said Giovanni Catino, Chief Revenue Officer of Loop Industries. "Their technical excellence and global positioning are a perfect complement to our Infinite Loop™ platform. Together, we are enabling brands to meet their performance requirements and sustainability goals, while supporting a fundamental shift in how polyester is made and remade."

"Our collaboration with Loop Industries represents a strategic move to meet the growing market demand for sustainable and circular polyester solutions," said Sam Hu, Vice President of Shinkong. "By leveraging Loop's proprietary technology alongside Shinkong's global manufacturing and supply chain expertise, we are well-positioned to deliver high-quality, eco-efficient materials at scale. This partnership not only strengthens our value proposition to brand partners, but also opens new opportunities for growth in premium and sustainability-focused markets worldwide."


More News from Loop Industries

#Recycled_Fibers

Nike becomes anchor customer for Loop Industries’ Infinite Loop™ India facility

Loop Industries, Inc. (Nasdaq:LOOP) (“Loop”), a clean technology company accelerating the circular economy, today announced a multi-year offtake agreement with NIKE, Inc. (“Nike”), the global leader in athletic footwear and apparel. Under the agreement, Loop will supply Twist™, its virgin-quality circular polyester resin made exclusively from textile waste, establishing Nike as the anchor customer for the Infinite Loop™ India manufacturing facility which is being constructed in partnership with Ester Industries.

#Recycled_Fibers

Loop Industries: Progress on Infinite Loop™ Projects in India and Europe

Loop Industries, Inc. (Nasdaq:LOOP), a clean technology company whose mission is to accelerate a circular economy for polyester by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile (T2T) polyester, today reported its consolidated financial results for the second quarter of fiscal year 2026 and provided an update on key milestones.

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Loop Industries' India Joint Venture reaches agreement to acquire strategic site in Gujarat, India, for infinite loop manufacturing facility

Loop Industries, Inc. (Nasdaq:LOOP) , a clean technology company whose mission is to accelerate a circular economy for polyester by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that its joint venture in India (the "JV") has reached an agreement to acquire a strategic site in the state of Gujarat.

More News on Recycling / Circular Economy

#Europe

New EU rules to stop the destruction of unsold clothes and shoes

The European Commission today (Feb 9) adopted new measures under the Ecodesign for Sustainable Products Regulation (ESPR) to prevent the destruction of unsold apparel, clothing, accessories and footwear.

#Recycling / Circular Economy

Sahil Kaushik appointed CEO of Infinited Fiber as the company advances a phased path to commercial scale

Infinited Fiber has appointed Sahil Kaushik as Chief Executive Officer. Kaushik has served as Acting CEO alongside his role as Chief Operating Officer and will continue to oversee operations until a new COO is appointed.

#Recycling / Circular Economy

trinamiX with new management

BASF is examining strategic options for its subsidiary trinamiX GmbH. trinamiX specializes in biometric imaging and mobile material analysis. These activities are not part of BASF’s core business, on which the company is focusing as part of the implementation of its new strategy.

#Recycling / Circular Economy

Reju announces site selection for first U.S. industrial sized facility regeneration hub in Rochester, New York

Reju, the textile-to-textile regeneration company, today announced it has selected the site for its first U.S.-based industrial facility marking a significant milestone in its efforts to scale globally. This future Regeneration Hub will be in Rochester, New York, reinforcing Reju’s commitment to the adoption of circular textile system across key regions worldwide.

Latest News

#Sustainability

Ying McGuire becomes new CEO of Cascale

Cascale today announced the appointment of Ying McGuire as Chief Executive Officer, effective June 1, 2026.

#Technical Textiles

Sustainable, lightweight, and sound absorbing: Polyester-based front trunk solution for BEVs

As car manufacturers look to further reduce their carbon footprint, Autoneum has developed an innovative front trunk solution for battery electric vehicles (BEVs), made entirely from polyester-based textile. The Ultra-Silent Frunk offers significant weight reduction, improved acoustic and thermal insulation, and uses up to 70 percent recycled material, supporting sustainable and efficient vehicle design. Autoneum, global technology leader in acoustic and thermal management for vehicles, has already received orders for the new frunk from three major OEMs in Asia and Europe to be built in three BEV models. Series production for two BEVs has been underway in China and Germany since last year.

#Raw Materials

Modern testing methods for raw cotton

The 38th International Cotton Conference Bremen will take place from 25 to 27 March 2026 at the Bremen Parliament. This conference has traditionally stood for in-depth expertise and international exchange. The program will focus on technical innovations, market trends, and regulatory frameworks across the entire value chain – from agriculture to the circular economy. With high-profile speakers, the conference is regarded as the key meeting point for the global cotton industry. Today’s focus: Cotton quality and testing methods.

#Spinning

Rieter responds to higher raw material prices

Global political and economic developments have been leading to rising raw material and energy costs for some time. The textile machinery industry is also affected by this trend. Rieter machines and components consist to a large extent of steel, copper, aluminum and electronics. These materials in particular have seen higher demand and higher prices in recent months.

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