HYOSUNG TNC

Hyosung TNC Takes One Step Further in Sustainability

Hyosung, Loop Industries And Pleatsmama Collaborate To Pioneer Circular Fashion With Infinite Loop™ Textile-to-Textile Recycling Technology Loop Industries supplied 100% recycled, virgin-quality Polyester chips derived from low-value textile waste. Hyosung transformed Loop Polyester chips into high-performance drawn textured yarn (DTY). Pleatsmama crafted stylish, eco-friendly handbags emphasizing circular design principles. Loop Industries, Inc. (Nasdaq: LOOP) ( (“Loop), a clean technology company dedicated to accelerating circular fashion economy by manufacturing 100% recycled polyethylene terephthalate (“PET”) plastic and textile-to-textile polyester fiber (T2T), today announced a three-way collaboration with 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 virgin-quality Loop’s T2T 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, ensuring premium quality and performance, while Pleatsmama transformed the yarn into stylish, sustainable handbags. This collaboration highlights the potential of circular fashion and innovative recycling technologies to drive sustainability across industries. Loop’s T2T polyester fiber is recognized for its virgin-quality properties, seamlessly integrating into existing supply chains and manufacturing processes without compromising on quality or aesthetics. The polyester also delivers significant environmental benefits, reducing greenhouse gas emissions by up to 80% and requiring up to 91% less non-renewable primary energy compared to virgin polyester production from fossil fuels. Polyester, the most widely used fiber globally, accounts for approximately half of the textile market, reaching 53 million metric tons annually. This presents a significant challenge, as polyester fiber waste is not suitable for traditional mechanical recycling methods and often ends up in landfills or is incinerated. Loop’s Infinite Loop™ technology provides a solution by recycling even the lowest-value polyester waste, regardless of color or material composition, into 100% recycled virgin-quality Polyester . This closed-loop approach offers a sustainable alternative for the textile industry, addressing the growing issue of textile waste while maintaining exceptional quality and performance. “Teaming with Loop Industries and our brand partner, Pleatsmama, marks a significant milestone in our efforts to support our customers in achieving their sustainability objectives and expanding solutions that benefit both current and future generations," said Chihyung Kim, CEO of Hyosung TNC "We admire Loop for its high quality and its capacity to divert textile waste from landfills and incineration, while reducing the reliance on virgin polyester by minimizing raw material extraction." “The collaboration with industry leaders such as Hyosung & Pleatsmama demonstrates the potential of our Infinite Loop™ technology to transition from linear to circular fashion,” said Giovanni Catino, Vice President of Sales and Business Development. “By converting low-value mixed polyester textile waste into virgin-quality polyester, we’re not only tackling the pressing issue of textile waste but also enabling brands to deliver premium products with a closed-loop solution that meets both quality and environmental standards.” About Hyosung Hyosung is a complete sustainable textile solutions provider that produces world-class products, providing continuous innovation to the textile industry. Hyosung is the world’s largest manufacturer of spandex by market share supplying the broadest range of stretch fiber offerings supported by exceptional technology and quality under its CREORA® Spandex and regenTM brands. Hyosung’s specialty nylon and polyester provide functional and sustainable fiber solutions that are essential to today’s dynamic textile market. The company is proud Textile Exchange Partner-level Member and Ocean Network member. Visit our blog at blog.hyosungtnc.com for all the latest trend, event, and product updates. Hyosung can also be found on Instagram @hyosung_textiles and on LinkedIn at Hyosung Performance Textiles. About Pleatsmama PLEATSMAMA: Proposing a Beautiful and Sustainable Way of Life PLEATSMAMA is a forward-thinking brand that reimagines sustainability through innovative design. By upcycling 16 discarded and cleaned PET bottles collected locally, the brand transforms waste into beautiful, functional bags. PLEATSMAMA aims to present a lifestyle that is both beautiful and sustainable. By using eco-friendly materials that do not generate waste, the brand creates fashionable products for conscious consumers who care about the environment and themselves. About Loop Industries Loop 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 and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is 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 Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop Industries

2025-02-24

Ambercycle and Hyosung TNC Join Forces to Scale Decarbonized, Circular Polyester

Sustainable fiber manufacturer Hyosung TNC is partnering with Ambercycle, an innovator of textile-to-textile circular polyester material, to advance the commercialization of this decarbonized material innovation. Seoul, South Korea, and Los Angeles, California, June 12, 2024 — Hyosung TNC, one of the world’s leading sustainable textile solutions providers, has partnered with Ambercycle, a leading material science company, to become the first manufacturer in South Korea to introduce a textile-to-textile, circular polyester into supply chains. The collaboration advances the partners’ shared vision of a circular textile ecosystem that repurposes end-of-life products into high-performing fibers for brands looking to curb their environmental impact. The partnership will tap Hyosung’s 58 years of advanced fiber manufacturing capabilities and nearly two decades of experience producing high-quality, sustainable textiles to support the integration of Ambercycle’s circular polyester material, cycora®, into brand supply chains. “Our collaboration with Ambercycle is another important step we are taking to help our customers meet their sustainability goals and scale solutions that both present and future generations can enjoy,” said Chi Hyung Kim, CEO, Hyosung TNC. “We’re impressed with cycora® for its quality but also for its potential to divert tons of textile waste from landfills and incinerators and reduce the extraction of raw materials used in the production of virgin polyester.” Based in Los Angeles, Ambercycle is rapidly scaling cycora®, a regenerated polyester chip that meets the spinnability standards of virgin materials and outperforms other recycled materials, according to testing by the European Center for Innovative Textiles (CETI), a leading research institute. Ambercycle’s trailblazing molecular regeneration technology will add to a growing portfolio of circular solutions manufactured by Hyosung TNC, the company behind regen™, a global premier recycled fiber brand. Developed at its research and development center, Hyosung was the world’s first company to develop regen™ nylon from discarded fishing nets in 2007 and achieved another significant milestone by becoming the first company to globally receive the Global Recycled Standard (GRS) certification for its recycled regen™ polyester. The company was also the first to introduce RCS-certified 100% recycled regen™ spandex in 2020, and USDA, SGS-certified bio-based spandex made from partly renewable resources in 2021. “The fashion industry is searching for accessible, high-quality circular solutions. This partnership is a testament to that demand and an important step to ramp up the production of cycora® and make it easier for brands to source regenerated materials for their fashion lines. We’re closely aligned with Hyosung on both our high-quality standards and our commitment to circularity, so we are thrilled to have them as a partner in our commercialization journey,” says Shay Sethi, CEO of Ambercycle. About Ambercycle Ambercycle is powering circularity in fashion. Established in 2015, this Los Angeles-based company is revolutionizing the fashion industry with its award-winning molecular regeneration technology. cycora® regenerated polyester is the company’s first premium material solution made from end-of-life textiles. Driven by the vision to improve humanity’s relationship with materials, Ambercycle is minimizing the impact of raw material extraction on our environment and paving the way to decarbonize fashion. About Hyosung TNC Hyosung TNC is a complete sustainable textile solutions provider that produces world-class products, providing continuous innovation to the textile industry. Hyosung TNC is the world’s largest manufacturer of spandex supplying the broadest range of stretch fiber offerings supported by exceptional technology and quality under its CREORA® Spandex and regen™ brands. Hyosung’s specialty nylon and polyester provide functional and sustainable fiber solutions that are essential to today’s dynamic textile market. Hyosung is a proud Textile Exchange Partner-level Member and Ocean Protection member. Visit our blog at blog.hyosungtnc.com for all the latest trend, event, and product updates. Hyosung TNC can also be found on Instagram @hyosung_textiles and on LinkedIn at Hyosung Performance Textiles.

2024-06-27

Vitamin A Debuts New Swimwear Collection made with Certified Sustainable Material

Planet-friendly swimwear brand helps to clean up oceans with new ReLux line made from ghost fishing nets Vitamin A, a California-based swimwear brand that combines feminine design with sustainable innovation, is the first company to launch a swimwear collection made with a new 100% recycled fabric developed by Hyosung and Hung Yen Knitting & Dyeing. The new sustainable swimwear collection called ReLux launched January 29, 2024. Hyosung and Hung Yen introduced their successful sustainable textile innovation – a swimwear fabric made from an 80/20 blend of Hyosung GRS-certified regen Ocean 100% post-consumer nylon made from discarded fishing nets, and RCS-certified 100% recycled regen Spandex – during Interfilière Paris last summer. According to an independent 3rd party Life Cycle Assessment (LCA), the manufacture of 1 kg regen Ocean nylon reduces CO2 emissions by 73% and water consumption by 98% as compared to production of 1 kg of conventional nylon. “We wanted to support the development of this new material and we thought that the Vitamin A customer would be most likely to understand why it was important,” says Mark Sunderland, VP of product innovation at Swim USA, parent company of Vitamin A. “Our customers want to know that their swimwear is not harming the planet – and with our ReLux line, we’re offering them a product that actively improves the health of our oceans.” Founded in 2000 by California native Amahlia Stevens, all Vitamin A bikinis and bodysuits are designed and produced locally in California from plant-based and recycled materials. As a proud member of 1% for the Planet, the company gives back to organizations who work to protect the oceans. “Vitamin A has ranked among the top five sustainable swimwear brands for the past three years,” said Claudia Anselmi, Hung Yen General Director. “Given its commitment to sustainable production and the protection of our oceans, we are glad Vitamin A has attentively selected our fabric – N850 FishTale – that is entirely focused on marine preservation for its new ReLux collection.” “Vitamin A exemplifies the fusion of sustainability and style, demonstrating that eco-friendly fashion can effortlessly inspire and enable positive environmental choices among consumers” said Laura Nilo, Hyosung US Marketing Manager - West Coast Lead. “It’s an ideal brand for commercializing our 100% recycled fabric for swimwear, and we look forward to furthering our collaboration with regards to sustainable textile solutions.” More information about the new Vitamin A ReLux collection of bikinis and one-piece swimsuits can be found online here. About Hyosung Hyosung is a complete sustainable textile solutions provider that produces world-class products, providing continuous innovation to the textile industry. Hyosung is the world’s largest manufacturer of spandex/elastane supplying the broadest range of stretch fiber offerings supported by exceptional technology and quality under its CREORA® and regen Spandex brand. Hyosung’s specialty nylon and polyester provide functional and sustainable fiber solutions that are essential to today’s dynamic textile market. Visit our blog at blog.hyosungtnc.com for all the latest trend, event, and product updates. About Hung Yen Knitting & Dyeing Hung Yen Knitting & Dyeing is an Italian warp-knit fabric manufacturer, part of the European textile producer leader Carvico Group. Established in the Northern province of Hung Yen, Vietnam since 2008 it drawn the path of a successful textile business model in less than 15 years, for the production of Nylon and Polyester elastomeric fabrics for swimwear, sportswear, and underwear. Driven by ethical corporate values – focused on environmental protection and to enable circularity in fashion – Hung Yen Knitting & Dyeing changed the gear of its R&D activity since 2016, having today already 70% of its fabric’s collections made with 100% recycled materials for a complete range of sustainable and certified solutions, for swimwear and sportswear applications. Efficiency and Italian technical know-how, combined with high quality standards and agility to adapt to market demands, are some of the keys of Hung Yen Knitting & Dyeing successful growth and the foundation of its established cooperation with notable global brands. About Vitamin A (on Pepperjam (link here), Skimlinks) Vitamin A is a California-based brand known best for its fusion of style and functionality, cutting edge fabrics, attention to detail and keen eye for flattering pieces with a focus on sustainability. Vitamin A is the gold standard in the modern swim space with sustainable innovation at its core, and has been setting the bar for sustainable swim since they debuted the first recycled swim fabric, Ecolux™, in 2010. Now that recycled swim fabric is (thankfully) industry standard, the brand continues to innovate. Think: bikinis made from castor beans and discarded plastic bottles. Vitamin A is effortless, elevated, and rooted in an authentic California-inspired ethos, resulting in a cult following from A-List celebrities and tastemakers alike.

2024-02-05