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Stock impact report

Loop Industries, Hyosung TNC And Pleatsmama Collaborate To Pioneer Circular Fashion With Infinite Loop(TM) Textile-to-Textile Recycling Technology [Yahoo! Finance]

Loop Industries, Inc. (LOOP) 
US:NASDAQ Investor Relations: loopindustries.com/en/investors/home
Company Research Source: Yahoo! Finance
Hyosung TNC transformed Loop Polyester chips into high-performance drawn textured yarn. Pleatsmama crafted stylish, eco-friendly handbags emphasizing circular design principles. MONTREAL, QC / ACCESS Newswire / February 23, 2025 / Loop Industries, Inc. (NASDAQ:LOOP) ("Loop"), a clean technology company dedicated to accelerating circular fashion by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile polyester fiber ("T2T"), today announced a three-way collaboration with Hyosung TNC ("Hyosung"), a complete sustainable textile solutions provider, and Pleatsmama, a sustainable fashion brand, to produce 100% recycled drawn textured yarn used in limited-edition handbags. The yarn was manufactured using Loop's virgin-quality polyester produced through the Infinite Loop™ textile-to-textile recycling technology, utilizing low-value mixed polyester textile waste as feedstock. Hyosung leveraged its expertise in advanced materials to spin the yarn, Show less Read more
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