Hyosung TNC announced on the 24th that it collaborated with Canadian pet chip production corporation Loop Industries and domestic eco-fashion brand Pleats Mama to create eco-friendly bags.
Hyosung TNC utilized Loop Industries' 'Textile to Textile' (T2T) chips made from recycled polyester to produce polyester yarn. Pleats Mama designed and produced eco-friendly bags that combine aesthetics and practicality using this yarn.
Loop Industries is a corporation that leads the development and production of pet chips, which serve as raw materials for clothing yarn and plastic containers in North America. The main material for pet chips is clear PET bottles; however, Loop Industries chemically recycles various PET waste, including fibers, 100%, to produce high-quality pet chips. The T2T chips from Loop Industries are reported to reduce greenhouse gas emissions by up to 80% and energy consumption by up to 91% compared to pet chips produced from fossil fuels.
Loop Industries has previously collaborated with famous brands such as the Swiss running shoe brand 'On' and the French cosmetics brand 'L'Occitane' to enhance resource circulation capabilities. This collaboration with Hyosung TNC will also contribute to polyester fiber production.
Hyosung TNC expects that this collaboration will not only activate the recycled fiber market but also strengthen its position as a leader in the eco-friendly fiber market through true resource circulation from textile waste to the production of recycled products.
Kim Chi-hyung, CEO of Hyosung TNC, noted, 'The circular economy is the area where Hyosung TNC is leading the way most proactively, centered on sustainable material regen,' and added, 'Through this collaboration, we plan to support customers in achieving their sustainability goals and further expand next-generation eco-friendly solutions.'