What's Happening?
Loop Industries and Hyosung TNC have announced a strategic alliance to produce 100% recycled textile-to-textile polyester. Loop Industries transforms textile waste into high-purity Twist polyester, which Hyosung TNC converts into high-performance yarns under its Regen portfolio. This partnership aims to support global brands in transitioning from fossil-based polyester to circular materials. The alliance leverages Loop's Infinite Loop depolymerization technology and Hyosung TNC's expertise in advanced textile materials, providing a sustainable solution for the textile industry. The collaboration is expected to expand with the planned India Infinite Loop facility.
Why It's Important?
The alliance between Loop Industries and Hyosung TNC represents a significant step towards sustainable fashion and circular economy practices. By offering 100% recycled polyester, the partnership addresses environmental concerns associated with traditional textile production. This initiative supports global brands in reducing their reliance on virgin materials and minimizing ecological impact. As consumer demand for sustainable products grows, such collaborations are crucial for driving industry-wide change and promoting responsible manufacturing practices.
