Loop Industries Announces Launch of Twist(TM), its High-Performance Polyester Resin Brand for Textile and Apparel Customers

A branded, circular polyester resin made entirely from textile waste and completely traceable from feedstock to final product.Virgin-quality resin for high-performance applications including fashion, sportswear, and home textiles.Low environmental footprint with significant reduction of CO₂ emissions. 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 CO₂ 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 CO₂ 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."1A 70,000 tonne Infinite Loop™ facility could save up to 418,600 tonnes / year of CO₂ compared to virgin PET.2Life 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.About Loop IndustriesLoop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles packaging, and textiles such as carpets and clothing into its base building block monomers DMT and MEG. The monomers are separated, purified and polymerized to create virgin-quality Loop™ & Twist™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ & Twist™ PET can be recycled infinitely without degradation of quality, helping to close the plastic loop. Loop Industries is committed to contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.Common shares of the Company are listed on the NASDAQ Global Market under the symbol "LOOP."For more information, please visit www.loopindustries.com. Follow Loop on X: @loopindustries, Instagram: loopindustries, twistbyloop, Facebook: Loopindustries and LinkedIn: Loop IndustriesFollow Twist™ on Insagram: twistbyloopFor More Information:Investor Relations:Kevin C. O'Dowd, Investor RelationsLoop Industries, Inc.+1 617-755-4602[email protected]Forward-Looking StatementsThis news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and as defined in the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about the planned expansion of Twist™ production at the Infinite Loop™ India facility and the expected commercial and environmental benefits of the Twist™ brand and Loop's technology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Actual results may differ materially from the projections discussed in these forward-looking statements. The economic environment within which we operate could materially affect our actual results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. These risks and other factors include, but are not limited to, those listed under "Risk Factors." Additional factors that could materially affect these forward-looking statements and/or projections include, among other things: (i) our ability to commercialize our technology and products, (ii) the status of our relationships with our partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) our ability to continue as a going concern, (vii) engineering, contracting, and building our manufacturing facilities, (viii) our ability to scale, manufacture, and sell our products and to license our technology in order to generate revenues, (ix) our proposed business model and our ability to execute it, (x) our ability to obtain the necessary approvals or satisfy any closing conditions in respect of any of our proposed partnerships, (xi) our joint venture projects and our ability to recover certain expenditures in connection to them, (xii) adverse effects on the Company's business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (xiii) public health issues, such as disease epidemics, which may lead to reduced access to capital markets, supply chain disruptions, and government-imposed business closures, (xiv) war, regional tensions, and economic or other conflicts including trade disputes and increasing protectionist measures that could impact market stability and our business; (xv) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xvi) the outcome of any SEC investigations or class action litigation filed against us, (xvii) our ability to hire and/or retain qualified employees and consultants, (xviii) other events or circumstances over which we have little or no control, and (xix) other factors discussed in Loop's Annual Report on Form 10-K for the fiscal year ended February 28, 2025 filed with the SEC and in Loop's subsequent filings with the SEC. More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, unless otherwise required by law.SOURCE: Loop Industries

Loop Industries Announces Launch of Twist(TM), its High-Performance Polyester Resin Brand for Textile and Apparel Customers

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