Ester–Loop JV to Supply Sustainable Materials to Nike
ECONOMY & POLICY

Ester–Loop JV to Supply Sustainable Materials to Nike

Loop Industries, a clean technology company advancing the circular economy, has announced a multi-year offtake agreement with NIKE, Inc., the global leader in athletic footwear and apparel. Under the agreement, Loop will supply Twist, its virgin-quality circular polyester resin made entirely from textile waste, making Nike the anchor customer for the upcoming Infinite Loop India manufacturing facility being developed in partnership with Ester Industries.

The agreement marks a significant milestone in Loop’s commercialisation strategy and underscores Nike’s commitment to scaling sustainable innovation. Loop’s Twist resin—a fully verifiable textile-to-textile polyester solution—will help reduce Nike’s reliance on virgin and recycled flake polyester across its product portfolio.

Environmental Impact

The Infinite Loop India facility is projected to deliver meaningful environmental benefits compared to conventional, fossil fuel–based polyester. Once operational, it is expected to achieve an 81 per cent reduction in greenhouse gas emissions and enable annual CO₂ savings of up to 418,600 tonnes—equivalent to eliminating more than one billion miles driven by an average gasoline vehicle each year.

End-to-End Traceability

All materials produced using Twist will incorporate Loop’s proprietary chemical tracer technology, ensuring full traceability and providing Nike with verifiable proof of recycled textile content.

“Our agreement with Loop Industries marks a pivotal step toward transforming textile waste into high-performance materials,” said Sitora Muzafarova, VP Materials Supply Chain, Nike. “This partnership reinforces our commitment to scaling sustainable solutions that deliver environmental progress without compromising product excellence.”

“We are proud to have Nike as our anchor customer. This agreement is a major milestone for Loop Industries and Infinite Loop India,” said Daniel Solomita, Founder and CEO, Loop Industries. “Nike’s commitment validates our strategy of delivering verifiable textile-to-textile polyester resin and advancing circularity for our apparel customers.”

Commenting on the partnership, Arvind Singhania, Chairman, Ester Industries, said, “It is a privilege to support Nike’s global sustainability ambitions. This collaboration reflects the confidence leading global brands place in ELITe’s ability to deliver high-performance recycled materials at scale.”


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Loop Industries, a clean technology company advancing the circular economy, has announced a multi-year offtake agreement with NIKE, Inc., the global leader in athletic footwear and apparel. Under the agreement, Loop will supply Twist, its virgin-quality circular polyester resin made entirely from textile waste, making Nike the anchor customer for the upcoming Infinite Loop India manufacturing facility being developed in partnership with Ester Industries.The agreement marks a significant milestone in Loop’s commercialisation strategy and underscores Nike’s commitment to scaling sustainable innovation. Loop’s Twist resin—a fully verifiable textile-to-textile polyester solution—will help reduce Nike’s reliance on virgin and recycled flake polyester across its product portfolio.Environmental ImpactThe Infinite Loop India facility is projected to deliver meaningful environmental benefits compared to conventional, fossil fuel–based polyester. Once operational, it is expected to achieve an 81 per cent reduction in greenhouse gas emissions and enable annual CO₂ savings of up to 418,600 tonnes—equivalent to eliminating more than one billion miles driven by an average gasoline vehicle each year.End-to-End TraceabilityAll materials produced using Twist will incorporate Loop’s proprietary chemical tracer technology, ensuring full traceability and providing Nike with verifiable proof of recycled textile content.“Our agreement with Loop Industries marks a pivotal step toward transforming textile waste into high-performance materials,” said Sitora Muzafarova, VP Materials Supply Chain, Nike. “This partnership reinforces our commitment to scaling sustainable solutions that deliver environmental progress without compromising product excellence.”“We are proud to have Nike as our anchor customer. This agreement is a major milestone for Loop Industries and Infinite Loop India,” said Daniel Solomita, Founder and CEO, Loop Industries. “Nike’s commitment validates our strategy of delivering verifiable textile-to-textile polyester resin and advancing circularity for our apparel customers.”Commenting on the partnership, Arvind Singhania, Chairman, Ester Industries, said, “It is a privilege to support Nike’s global sustainability ambitions. This collaboration reflects the confidence leading global brands place in ELITe’s ability to deliver high-performance recycled materials at scale.”

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement