Loop Industries inks multi‑year offtake with Nike for Twist resin at Infinite Loop India
- Multi‑year offtake agreement secures Twist™ virgin‑quality polyester resin produced solely from textile waste.
- Nike named anchor customer for the Infinite Loop™ India manufacturing facility, a joint venture with Ester Industries.
- A 70,000 tpa Infinite Loop™ facility is projected to cut GHG emissions by 81% and save up to 418,600 tonnes CO₂/year versus virgin PET.
- Twist™ products will carry full traceability via Loop’s proprietary chemical tracer technology, enabling verifiable textile‑to‑textile recycled content.
Deal overview
Loop Industries signed a multi‑year offtake agreement with Nike under which Loop will supply Twist™, its virgin‑quality polyester resin made exclusively from textile waste. Nike is designated as the anchor customer for the Infinite Loop™ India manufacturing facility, being built in partnership with Ester Industries.
Facility impact
The Infinite Loop™ India facility is modelled on a 70,000 tonne per year design. A life‑cycle assessment comparing Loop PET to virgin PET estimates an 81% reduction in greenhouse gas emissions and annual savings of up to 418,600 tonnes of CO₂ versus production of fossil fuel‑based PET and avoided incineration of the feedstock.
Traceability and product use
All Twist™ products will include Loop’s proprietary chemical tracer technology to provide verifiable textile‑to‑textile recycled content. Nike plans to use Twist™ to reduce the use of both virgin and recycled flake polyester across its product lines.
Partnership comments
Loop’s CEO called the agreement a major milestone validating the company’s verifiable textile‑to‑textile resin strategy. Nike’s VP Materials Supply Chain described the partnership as a step toward transforming textile waste into high‑performance materials, and Ester’s chairman noted the joint venture supports multinational brands’ sustainability ambitions.
Source: Loop