other_material
confidence medium
sentiment positive
materiality 0.60
Loop Industries enters multi-year off-take deal for 'Twist' polyester resin with sports apparel affiliate
Loop Industries, Inc.
- Agreement covers minimum volumes of 'Twist' circular polyester resin made entirely from textile waste.
- Supply to start once the Infinite Loop™ India facility becomes operational.
- Pricing is agreed upon; counterparty is affiliates of a leading sports apparel company (not named).
- No specific financial terms or minimum volume quantities disclosed in the filing.
item 8.01