Ester-Loop JV to Supply Sustainable Material to Nike

1 Minute Read Listen to Article
Share:    

Nov 10, 2025 22:00

x
Ester-Loop JV will supply sustainable materials to Nike under a multi-year agreement. Loop''s Twist resin will reduce virgin polyester use.
Ester-Loop JV to Supply Sustainable Material to Nike
Photograph: Samuel Rajkumar/Reuters
New Delhi, Nov 10 (PTI) Ester Loop Infinite Technologies, a joint venture of Ester Industries and Canada-based Loop Industries, on Monday announced that it will supply sustainable materials to athletic footwear and apparel brand Nike as part of a multi-year agreement.

Under the agreement, Loop will supply Twist, its virgin-quality circular polyester resin made exclusively from textile waste, establishing Nike as the anchor customer for the Infinite Loop India manufacturing facility which is being constructed in partnership with Ester Industries, a statement said.

"Nike has signed on as the anchor customer for the Infinite Loop India manufacturing facility multi-year offtake agreement secures supply of Twist, Loop's branded, virgin-quality polyester resin made exclusively from textile waste," it said.


Loop's Twist resin, a verifiable textile-to-textile solution, will be used to reduce the usage of virgin and recycled flake polyester across Nike's product lines.

"Our agreement with Loop Industries marks a pivotal step toward transforming textile waste into high-performance materials. This partnership exemplifies our commitment to scaling sustainable solutions that deliver both environmental impact and product excellence," said Sitora Muzafarova, VP Materials Supply Chain of Nike.

Arvind Singhania, Chairman, Ester Industries Limited, said, "It is a privilege to partner with Nike in advancing their global sustainability ambitions. This partnership reflects the trust and confidence leading multinational brands place in ELITe's ability to deliver verifiable, high-performance recycled materials at scale.
Share:    

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

See More >

Moneywiz Live!

Home

Market News

Latest News

International Markets

Economy

Industries

Mutual Fund News

IPO News

Search News

My Portfolio

My Watchlist

Gainers

Losers

Sectors

Indices

Forex

Mutual Funds

Feedback