#Recycled Fibers

2025-11-12

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

Multi-year offtake agreement secures supply of Loop’s Twist™ circular polyester resin made from textile waste

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.

This agreement with Nike further advances the implementation of Loop’s commercialization strategy and reflects Nike’s commitment to sustainable innovation. Loop’s Twist™ resin, a verifiable textile-to-textile solution, will be used to reduce the usage of virgin and recycled flake polyester across Nike’s product lines.

Driving environmental impact

The Infinite Loop™ India facility1 is projected to deliver significant environmental savings compared to fossil fuel-based polyester. The facility is expected to achieve an 81% reduction in greenhouse gas emissions and an annual savings of up to 418,600 tonnes of CO₂ emissions2. This CO₂ saving is equivalent to eliminating more than one billion miles driven by an average gasoline-powered passenger vehicle each year.

Traceability

All products made with Twist™ will feature full traceability through Loop’s proprietary chemical tracer technology. This system provides Nike with verifiable proof of textile-to-textile recycled content.

“Our agreement with Loop Industries marks a pivotal step toward transforming textile waste into high-performance materials,” said said Sitora Muzafarova, VP Materials Supply Chain of Nike. “This partnership exemplifies our commitment to scaling sustainable solutions that deliver both environmental impact and product excellence.”

“We are very proud to have Nike as our anchor customer, this agreement is a major milestone for Loop Industries and for Infinite Loop™ India. The commitment from this iconic global brand is a powerful validation of our strategy to provide a verifiable textile-to-textile polyester resin and advancing circular fashion for our apparel customers,” said Daniel Solomita, Founder and Chief Executive Officer of Loop Industries.

Commenting on the development, Mr. Arvind Singhania, Chairman, Ester Industries Limited, said, “It is a privilege to partner with Nike in advancing their global sustainability ambitions. This partnership reflects the trust and confidence leading multinational brands place in our ability to deliver verifiable, high-performance recycled materials at scale.”

1A 70,000 tonne Infinite Loop™ facility could save up to 418,600 tonnes / year of CO₂ compared to virgin PET.

2Life Cycle Assessment of an Infinite Loop™ facility in India done by Franklin Associates, a division of ERG, compares kg for kg Loop PET vs. Virgin PET. CO₂ savings are compared to the production of virgin PET made from fossil fuels and the avoided incineration of waste used as a feedstock.

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.

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.

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

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Reju opens its first R&D Center in the U.S. in Conshohocken, Pennsylvania

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"We will become a recycling powerhouse"

The textile industry is now in its fourth consecutive year of crisis, while automation, artificial intelligence and recycling are reshaping the rules of the game. In this interview, Rieter CEO Thomas Oetterli discusses the first signs of a market recovery, reflects on his first three years at the helm of the company, explains the integration of Barmag, outlines Rieter’s vision of the fully automated spinning mill and highlights the strategic importance of recycling. In doing so, he explains why the new Rieter Group aims to play a leading role in transforming the textile value chain into a circular economy.

Countdown to Textiles Recycling Expo 2026: Brussels prepares for Europe’s textile recycling gathering

With only two weeks remaining until the start of the second edition of the Textiles Recycling Expo 2026, preparations are entering the final phase. The exhibition and conference, dedicated exclusively to textile recycling and circularity, will take place on 24–25 June 2026 at Brussels Expo and is expected to attract stakeholders from across the textile recycling value chain.

Itema reaffirms its commitment to the Syrian textile industry at NasTex 2026

From July 18th to 21st, Itema will exhibit at NasTex at the Damascus Fairground (Hall 11 – Stand C02), marking its return to one of the Middle East’s historically significant textile markets. Itema will showcase advanced weaving technology designed to support the competitiveness and technological evolution of Syrian manufacturers and announces a new partnership with Growfast Agency as the sole agent of Itema in Syria.

KARL MAYER's HKS 2-SE Expands Possibilities for Premium Stretch WARP KNITS

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