Loop Industries and Hyosung TNC Launch Strategic Alliance to Support Shift by Global Brands to Circular Polyester
Loop Industries (NASDAQ:LOOP) and Hyosung TNC have announced a strategic alliance to expand circular polyester production through textile-to-textile supply chains. The partnership combines Loop's Infinite Loop? depolymerization technology with Hyosung TNC's expertise in advanced textile materials.
Loop will transform textile waste into its Twist? polyester resin, which Hyosung TNC will convert into performance yarns under its Regen? brand portfolio. The alliance will initially utilize Loop's Terrebonne facility and expand significantly once the planned India Infinite Loop? facility becomes operational. This collaboration aims to help brands transition from fossil and bottle-based polyester to circular materials, building on their previous success with Pleatsmama's limited-edition handbag project.
Loop Industries (NASDAQ:LOOP) e Hyosung TNC hanno annunciato un'alleanza strategica per espandere la produzione di poliestere circolare tramite catene di fornitura textile-to-textile. La partnership unisce la tecnologia di depolimerizzazione Infinite Loop? di Loop con l'esperienza di Hyosung TNC in materiali tessili avanzati.
Loop trasformerà i rifiuti tessili nel suo resina poliestere Twist?, che Hyosung TNC convertirà in filati performanti sotto il suo portafoglio di marchi Regen?. L'alleanza inizierà utilizzando lo stabilimento di Terrebonne e si espanderà significativamente non appena diventerà operativo il previsto impianto Infinite Loop? in India. Questa collaborazione mira ad aiutare i marchi a passare dal poliestere a base fossile e bottiglia a materiali circolari, basandosi sul successo precedente con il progetto di borse in edizione limitata di Pleatsmama.
Loop Industries (NASDAQ:LOOP) y Hyosung TNC han anunciado una alianza estratégica para ampliar la producción de poliéster circular a través de cadenas de suministro textil a textil. La asociación combina la tecnología de despolimerización Infinite Loop? de Loop con la experiencia de Hyosung TNC en materiales textiles avanzados.
Loop transformará los desechos textiles en su resina de poliéster Twist?, que Hyosung TNC convertirá en hilos de alto rendimiento bajo su cartera de marcas Regen?. La alianza utilizará inicialmente la instalación de Terrebonne y se expandirá significativamente una vez que la prevista instalación Infinite Loop? de India entre en operación. Esta colaboración busca ayudar a las marcas a pasar de poliéster a base de fósiles y botellas a materiales circulares, apoyándose en su éxito previo con el proyecto de bolso de edición limitada de Pleatsmama.
Loop Industries (NASDAQ:LOOP)? Hyosung TNC? ??-?? ???? ?? ?? ????? ?? ??? ?? ??? ??? ??????. ? ????? Loop? Infinite Loop? ????? ??? Hyosung TNC? ?? ?? ?? ???? ?????.
Loop? ?? ???? Twist? ????? ??? ????, Hyosung TNC? ?? Regen? ??? ????? ??? ??? ??? ?????. ? ??? ??? Terrebonne ??? ????, ??? ??? Infinite Loop? ??? ???? ?? ??? ????. ? ??? ???? ?? ?? ? ? ?? ??????? ?? ??? ????? ?? Pleatsmama? ??? ??? ??????? ?? ??? ?????.
Loop Industries (NASDAQ:LOOP) et Hyosung TNC ont annoncé une alliance stratégique pour étendre la production de polyester circulaire via des cha?nes d'approvisionnement textile-à-textile. Le partenariat associe la technologie de dépolymérisation Infinite Loop? de Loop à l'expertise de Hyosung TNC dans les matériaux textiles avancés.
Loop transformera les déchets textiles en sa résine Twist? polyester, que Hyosung TNC convertira en fils performants dans le cadre de son portefeuille de marques Regen?. L'alliance utilisera d'abord l'installation de Terrebonne et s'étendra considérablement une fois que l'installation Infinite Loop? prévu en Inde sera opérationnelle. Cette collaboration vise à aider les marques à passer du polyester à base fossile et bouteilles à des matériaux circulaires, en s'appuyant sur leur réussite précédente avec le projet de sac à main en édition limitée de Pleatsmama.
Loop Industries (NASDAQ:LOOP) und Hyosung TNC haben eine strategische Partnerschaft angekündigt, um die Produktion von kreislauff?higem Polyestern durch textile-zu-textile Lieferketten auszubauen. Die Partnerschaft verbindet Loop's Infinite Loop? Depolymerisierungstechnologie mit Hyosung TNCs Expertise in fortschrittlichen Textilmaterialien.
Loop wird Textilabfall in seine Twist? Polyesterharz umwandeln, das Hyosung TNC in leistungsstarke Garne unter seinem Regen?-Markenportfolio verwandeln wird. Die Allianz wird zun?chst die Terrebonne-Anlage nutzen und sich erheblich ausweiten, sobald die geplante India Infinite Loop?-Anlage in Betrieb geht. Diese Zusammenarbeit zielt darauf ab, Marken beim ?bergang von fossilem und Flaschenbasis-Polyester zu zirkul?ren Materialien zu unterstützen und baut auf ihren bisherigen Erfolg mit Pleatsmama's limitiertem Handtaschenprojekt auf.
Loop Industries (NASDAQ:LOOP) ?Hyosung TNC ?????? ?? ????? ????????? ?????? ????? ??????? ????? ?? ???? ????? ??????? ?? ???? ??? ????. ???? ??????? ??? ????????? ????? ???????? Infinite Loop? ?? Loop ????? Hyosung TNC ?? ?????? ???????? ????????.
?????? Loop ???????? ???????? ??? ????? Twist? ?????????? ???? ????? Hyosung TNC ??????? ??? ???? ???? ??? ????? ???????? Regen?. ?????? ??????? ?? ??????? ??? ????? ??????? ?????? ???? ???? ????? ????? ????? Infinite Loop? ?????? ??? ?? ?????. ???? ??? ??????? ??? ?????? ???????? ???????? ??? ???????? ?? ????????? ?????? ??? ?????? ???????? ????????? ??? ???? ??????? ???????? ??? ?????? ?????? ?? ????? Pleatsmama ??????? ???????? ???????.
Loop Industries (NASDAQ:LOOP) 与 Hyosung TNC 宣布建立战略联盟，通过纺织到纺织的供应链扩展循环聚酯生产。该伙伴关系将 Loop 的 Infinite Loop? 去聚合技术 与 Hyosung TNC 在先进纺织材料方面的专业知识结合起来。
Loop 将把纺织废弃物转化为其 Twist? 聚酯树脂，Hyosung TNC 将把其转化为在其 Regen? 品牌组合 下的高性能纱线。这一联盟初期将利用 Loop 的 Terrebonne 设施，并在计划中的印度 Infinite Loop? 设施投入运营后显著扩大规模。此次合作旨在帮助品牌从化石来源和瓶装聚酯转向循环材料，并在 Pleatsmama 的限量版手提包项目取得的先前成功基础上推进。
- Strategic alliance expands Loop's market coverage and supply chain options across Asia, Europe, and North America
- Partnership supports Loop's planned India Infinite Loop? facility expansion
- Collaboration provides access to Hyosung TNC's established customer base of leading global brands
- Technology enables production of 100% recycled, fully traceable textile-to-textile polyester
- Significant expansion dependent on future completion of India facility
- Initial production limited to Terrebonne facility capacity
Insights
Loop's partnership with Hyosung TNC creates a stronger market position in circular polyester, expanding customer reach and supporting future growth.
This strategic alliance between Loop Industries and Hyosung TNC represents a significant step in scaling Loop's circular polyester technology to broader textile markets. The partnership creates a complete value chain solution - Loop converts textile waste into its Twist? polyester resin using its Infinite Loop? depolymerization technology, while Hyosung TNC leverages its manufacturing capabilities to transform this into high-performance yarns under its established regen? brand.
What makes this particularly valuable is Hyosung TNC's extensive customer network across Asia, Europe, and North America, providing Loop with expanded market access beyond what it could achieve independently. The alliance supports both Loop's current Terrebonne facility production and will significantly scale once the planned India facility becomes operational.
This partnership addresses a critical challenge in textile circularity - creating commercially viable supply chains that can deliver the performance brands require while meeting sustainability targets. By partnering with an established industry leader like Hyosung TNC, Loop gains credibility with major apparel brands and reduces market entry barriers.
The mention of their successful limited-edition project with Pleatsmama demonstrates proof-of-concept and suggests the partnership has already progressed beyond theoretical discussions to actual product implementation. This increased manufacturing capacity and expanded distribution channels position Loop to potentially capture greater market share as textile brands accelerate their transition away from virgin fossil-based polyester toward recycled alternatives.
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.
MONTR?AL, QC AND SEOUL, SOUTH KOREA / / September 11, 2025 / Loop Industries, Inc. (Nasdaq:LOOP), a clean technology company dedicated to accelerating circular fashion by manufacturing
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
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."
About Loop Industries
Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles packaging, and textiles such as carpets and clothing into its base building block monomers DMT and MEG. The monomers are separated, purified and polymerized to create virgin-quality Loop? & Twist? branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop? & Twist? PET can be recycled infinitely without degradation of quality, helping to close the plastic loop. Loop Industries is committed to contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.
Common shares of the Company are listed on the NASDAQ Global Market under the symbol "LOOP."
For more information:
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Investor Relations:
Kevin C. O'Dowd, Investor Relations
Loop Industries, Inc.
+1 617-755-4602
[email protected]
About Hyosung TNC
Hyosung TNC is a complete sustainable textile solutions provider that produces world-class products, providing continuous innovation to the textile industry. Hyosung TNC is the world's largest manufacturer of spandex by market share supplying the broadest range of stretch fiber offerings supported by exceptional technology and quality under its CREORA? Spandex and regenTM brands. Hyosung TNC's specialty nylon and polyester provide functional and sustainable fiber solutions that are essential to today's dynamic textile market. The company is a proud Textile Exchange Partner-level Member. Visit our blog at for all the latest trend, event, and product updates. Hyosung can also be found on Instagram and on LinkedIn at .
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and as defined in the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about the anticipated benefits of the strategic alliance between Loop and Hyosung, the anticipated contribution of this collaboration to Loop's global growth initiatives, including the planned Infinite Loop? India project, and the expected commercial and environmental advantages of Loop's and Hyosung's technologies. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Actual results may differ materially from the projections discussed in these forward-looking statements. The economic environment within which we operate could materially affect our actual results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. These risks and other factors include, but are not limited to, those listed under "Risk Factors." Additional factors that could materially affect these forward-looking statements and/or projections include, among other things: (i) our ability to commercialize our technology and products, (ii) the status of our relationships with our partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) our ability to continue as a going concern, (vii) engineering, contracting, and building our manufacturing facilities, (viii) our ability to scale, manufacture, and sell our products and to license our technology in order to generate revenues, (ix) our proposed business model and our ability to execute it, (x) our ability to obtain the necessary approvals or satisfy any closing conditions in respect of any of our proposed partnerships, (xi) our joint venture projects and our ability to recover certain expenditures in connection to them, (xii) adverse effects on the Company's business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (xiii) public health issues, such as disease epidemics, which may lead to reduced access to capital markets, supply chain disruptions, and government-imposed business closures, (xiv) war, regional tensions, and economic or other conflicts including trade disputes and increasing protectionist measures that could impact market stability and our business; (xv) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xvi) the outcome of any SEC investigations or class action litigation filed against us, (xvii) our ability to hire and/or retain qualified employees and consultants, (xviii) other events or circumstances over which we have little or no control, and (xix) other factors discussed in Loop's Annual Report on Form 10-K for the fiscal year ended February 28, 2025 filed with the SEC and in Loop's subsequent filings with the SEC. More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at . Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, unless otherwise required by law.
SOURCE: Loop Industries
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