on Loop Industries, Inc. (NASDAQ:LOOP)
Loop Industries and On launch the Cloudeasy Cyclon shoe
MONTREAL, QC / ACCESSWIRE / May 21, 2024 - Loop Industries, Inc. (Nasdaq:LOOP) has entered into a collaboration with On, a Swiss sportswear brand. They announced the launch of the Cloudeasy Cyclon, an innovative shoe made with their fiber-to-fiber recycling technology, Infinite Loop(TM).
The Cloudeasy Cyclon stands out for its upper made from 100% recycled polyester fibers, manufactured by Loop. This technology reduces textile waste and allows for infinite recycling. The initiative marks a step forward towards a circular economy in the footwear industry.
This shoe aims to minimize reliance on virgin materials from fossil fuels and reduces carbon emissions by up to 79%. The Cloudeasy Cyclon is accessible through On's Cyclon™ subscription service.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Loop Industries, Inc. news