Loop Industries Inc., a clean technology company focused on sustainable PET plastic and polyester fiber, has announced a strategic alliance with Shinkong Synthetic Fibers Corporation, a leader in Taiwan's polyester industry. The collaboration aims to drive the shift from a linear to a circular textile economy. By combining Loop's innovative textile-to-textile manufacturing technology with Shinkong's spinning capabilities and extensive distribution network, the partnership will enhance global growth opportunities for Loop's branded polyester resin, Twist™, used in textiles and apparel. This alliance not only allows Loop to offer high-quality circular polyester yarns but also enables Shinkong to expand its portfolio to over 100 customers globally with eco-efficient materials, meeting the increasing demand for sustainable solutions in the textile industry.