Loop Industries Secures Multi-Year Polyester Resin Supply Agreement With Nike

Reuters11-10

Loop Industries Secures Multi-Year Polyester Resin Supply Agreement With Nike

Loop Industries Inc. has announced the execution of a multi-year offtake agreement with Nike, Inc. Under the terms of the agreement, Loop will supply Nike with Twist™, its branded, virgin-quality polyester resin made exclusively from textile waste. Nike will serve as the anchor customer for the Infinite Loop™ India manufacturing facility, a joint venture between Loop Industries and Ester Industries. The agreement aims to provide Nike with a verifiable textile-to-textile solution, supporting the company's efforts to reduce the use of both virgin and recycled flake polyester across its product lines. Loop's proprietary chemical tracer technology will provide full traceability of the recycled content in the polyester resin.

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: 1092329) on November 10, 2025, and is solely responsible for the information contained therein.

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Under the terms of the agreement, Loop will supply Nike with Twist™, its branded, virgin-quality polyester resin made exclusively from textile waste. Nike will serve as the anchor customer for the Infinite Loop™ India manufacturing facility, a joint venture between Loop Industries and Ester Industries. The agreement aims to provide Nike with a verifiable textile-to-textile solution, supporting the company's efforts to reduce the use of both virgin and recycled flake polyester across its product lines. Loop's proprietary chemical tracer technology will provide full traceability of the recycled content in the polyester resin.\n      \n\nDisclaimer: 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. 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