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Stock impact report

Chemical Recycling for Tomorrow's Technical Textiles, 2024 Insights Report [Yahoo! Finance]

Loop Industries, Inc. (LOOP) 
US:NASDAQ Investor Relations: loopindustries.com/en/investors/home
Company Research Source: Yahoo! Finance
The chemical recycling of synthetic fibres, primarily polyester, is set to have a major impact on the textile industry in the years to 2030, according to this report, based on a keynote presentation given by Gherzi Textil Organisation during the 63rd Dornbirn Global Fiber Congress (Dornbirn-GFC) in September 2024. As well as the chemical recycling of synthetic fibres, the report examines the key trends impacting the textile industry, the rapid growth of the market for second-hand apparel, and forecasts of fibre consumption and associated production figures for 2026. Considerable amounts of new recycled content will start to enter production cycles for technical textiles and for the apparel market as significant chemical recycling operations come on stream. Notable among such operations will be those for turning polyester and other synthetic fibre waste back into polymers and back further into monomers. Four major methods for turning recycled polyester and other synthetic fibre wast Show less Read more
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