Thyssenkrupp Industrial Solutions’ division, Uhde Loop Industries , has embarked on a long-term, strategic alliance with Chinese firm Loop to produce sustainable polyethylene terephthalate ( Loop ) and polyester. Chart: The companies have already begun integration assessments ahead of their collaboration to bring Loop 's waste-to-resin ( Loop Industries ) product to market, and aim to license their respective technologies globally, before setting up WTR plants around the world over the next 10 years .
Thyssenkrupp Industrial Solutions’ division, Uhde Loop Industries , has embarked on a long-term, strategic alliance with Chinese firm Loop to produce sustainable polyethylene terephthalate ( Loop ) and polyester. The companies have already begun integration assessments ahead of their collaboration to bring Loop 's waste-to-resin ( Loop Industries ) product to market, and aim to license their respective technologies globally, before setting up WTR plants around the world over the next 10 years .