Loop Industries And Shinkong Form Strategic Alliance To Scale Twist Circular Polyester Globally, Merging Textile-To-Textile Tech With Spinning And Distribution Expertise

Partnership formed to combine Loop's technology and Shinkong's spinning capabilities and distribution network.

Alliance with Shinkong will further enhance global growth opportunities for Twist™, Loop's textile-to-textile branded polyester resin for textile and apparel brands.

Loop can now offer high-quality circular polyester yarns made from Twist™, helping customers access next-gen materials more easily.

Shinkong can now offer Twist™ textile-to-textile branded resin to its portfolio of over 100 customers worldwide.

MONTRÉAL, QC and TAIPEI, TAIWAN / ACCESS Newswire / August 14, 2025 / 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.