Loop Industries and Shinkong Forge Strategic Alliance to Advance Circular Polyester Solutions for Global Brands

Reuters
Aug 15
Loop Industries and Shinkong Forge Strategic Alliance to Advance Circular Polyester Solutions for Global Brands

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loop Industries Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1061172) on August 14, 2025, and is solely responsible for the information contained therein.

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