# Loop Industries signs multi-year offtake agreement with Nike for polyester resin

Loop Industries, Inc. announced a multi-year offtake agreement with NIKE, Inc. to supply Twist™, a virgin-quality circular polyester resin made from textile waste. Nike will be the anchor customer for the Infinite Loop™ India manufacturing facility, a joint venture with Ester Industries.

- Type: Contract
- Announced: 2025-11-10
- Where: India, India
- Status: announced
- Capacity: 70,000 metric tonnes per year of PET resin
- Products: Twist™ circular polyester resin, textile waste-derived polyester
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Loop Industries](https://endata.com/companies/4019.md)
- [Loop Industries](https://endata.com/companies/4019.md) (partner)
- [Loop Industries](https://endata.com/companies/4019.md) (supplier)
- [Toyo Engineering India](https://endata.com/companies/13819.md) (supplier)
- [Ester Industries](https://endata.com/companies/13820.md) (partner)
- [Nike](https://endata.com/companies/21205.md) (customer)

## Sources

- [newswire.com](https://www.newswire.com/news/loop-industries-executes-a-multi-year-off-take-agreement-with-nike-the-22664969), 2025-11-10: "Our agreement with Loop Industries marks a pivotal step toward transforming textile waste into high-performance materials."
- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/clean-technology/loop-industries-executes-a-multi-year-offtake-agreement-with-nike-the-global-leade-1092329), 2025-11-10: "Our agreement with Loop Industries marks a pivotal step toward transforming textile waste into high-performance materials."
- [markets.financialcontent.com](https://markets.financialcontent.com/wss/article/accwirecq-2025-11-10-loop-industries-executes-a-multi-year-offtake-agreement-with-nike-the-global-leader-in-athletic-footwear-and-apparel), 2025-11-10: "Loop Industries, Inc. today announced a multi-year offtake agreement with NIKE, Inc., the global leader in athletic footwear and apparel."
- [sgieurope.com](https://www.sgieurope.com/csr-and-sustainability/nike-partners-with-loop-industries-for-circular-polyester/118003.article), 2025-11-13: "Nike will become anchor customer for Loop Industries’ Twist resin, securing a multi-year deal for textile-to-textile recycling in its supply chain."
- [news.pressrelease.com](https://news.pressrelease.com/news/loop-industries-and-ester-industries-india-joint-venture-awards-detailed), 2025-12-16: "its India joint-venture ELITe has awarded the detailed engineering contract for its Infinite Loop India project to Toyo Engineering India Private Limited."
- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/clean-technology/loop-industries-and-ester-industries-india-joint-venture-awards-detailed-engineeri-1117884), 2025-12-16: "We are excited to collaborate with Toyo on this critical phase as we deliver India's first Infinite Loop facility, a model for true circularity"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.