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#Recycling / Circular Economy

Loop Industries announces launch of Twist(TM), its high-performance polyester resin brand for textile and apparel customers

Loop Industries, Inc. (Nasdaq:LOOP), a clean technology company accelerating circularity in plastic and fiber markets, today announced the launch of Twist™, a branded circular polyester resin made entirely from textile waste. Loop is currently advancing its discussions with apparel brands for offtake from its planned India JV and will supply Twist™ as its branded product offering.

Originally developed as Loop's fiber-grade PET resin, the product has now been rebranded to reflect its role in helping the textile industry transition from linear to circular systems, shifting away from virgin materials and from bottle-to-textile recycling, to give global brands a high-performance solution that embodies both sustainability and next-gen material innovation.

Utilizing Loop's globally patented depolymerization technology, Twist™ is produced by breaking down polyester textile waste into its base monomers, DMT and MEG, which are then purified back to their initial purity, before being polymerized into Twist™ resin. This process removes all dyes, colorants, contaminants, and blends, delivering a resin that is chemically identical to virgin polyester. Textile-to-textile recycling allows apparel companies to mitigate the increasing environment impact of textile waste.

Twist™ achieves the highest purity, color and dyability consistency and increases production efficiency, making it fully compatible with existing spinning and manufacturing infrastructure.

The production of Twist™ saves up to 418,600 tonnes of CO? emissions annually1 and reduces greenhouse gas (GHG) emissions by up to 81%2 when compared to fossil fuel-based resin. This has been independently validated by Franklin Associates, a division of ERG who completed an LCA study of Loop's technology. 418,600 tonnes of CO? emissions are the equivalent of more than 1 billion miles driven by an average gasoline-powered passenger vehicle.

Twist™ is set to transform textile recycling as the first textile-to-textile polyester resin offering complete traceability. Embedded chemical tracers allow customers to track finished products directly back to their original waste textile inputs. This transparency meticulously verifies every step of the recycling and manufacturing process, building crucial trust in the circular economy and setting a new standard for accountability in sustainable textile production. With full traceability from waste input to finished product, Twist™ empowers brands to confidently meet growing regulatory, and consumer demands for transparency and circularity.

Twist™ will be expanded from Loop's Terrebonne facility and produced at the Infinite Loop™ India facility, a strategically located manufacturing platform designed to serve global textile and apparel brands. The facility will provide Twist™ at competitive pricing levels. This combination of performance, price, traceability and sustainability positions Twist™ as a key material for brands seeking to lead on circularity and meet evolving sustainability targets.

"Twist™ represents a major step forward in closing the loop for textiles," said Giovanni Catino, Chief Revenue Officer of Loop Industries. "It supports the textile industry's shift toward a circular model and provides a unique product offering which meets the needs of Loop's customers as we secure agreements for the offtake of our India JV."

1 A 70,000 tonne Infinite Loop™ facility could save up to 418,600 tonnes / year of CO? compared to virgin PET.

2 Life Cycle Assessment of an Infinite Loop™ facility in India done by Franklin Associates, a division of ERG, compares kg for kg Loop PET vs. Virgin PET. CO2 savings are compared to the production of virgin PET made from fossil fuels and the avoided incineration of waste used as a feedstock.



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