Under Armour, renowned for revolutionizing athletic apparel with its original performance stretch and compression technology, continues to push boundaries with its latest material innovation: NEOLAST™. On May 13th, Under Armour will unveil the first product featuring NEOLAST™ on UA.com, marking a significant milestone in the brand's commitment to performance and sustainability.
Varanasi, India – On April 26th, The Lenzing Group, a global leader in wood-based specialty fibers, showcased their revolutionary TENCEL and LENZING ECOVERO fibers at The Lenzing Conclave in Varanasi. This event, set against the backdrop of Varanasi's rich weaving heritage, marked a pivotal moment in the regional textile industry's journey towards sustainability and innovation.
Loop Industries, Inc. (NASDAQ: LOOP), a prominent clean technology company committed to advancing a circular plastics/fiber economy, recently sealed an agreement with Ester Industries Ltd. ("Ester"), a leading manufacturer of Polyester Films and Specialty Polymers in India, to establish a 50/50 India joint venture ("India JV"). The primary objective of this collaboration is to establish and operate an Infinite Loop India manufacturing facility, which will specialize in producing a unique product line of lower carbon footprint recycled dimethyl terephthalate ("rDMT"), recycled mono-ethylene glycol ("rMEG"), and specialty polymers in India.
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