Novoloop’s upcycled plastic takes a step closer to production

Novoloop, a sustainable materials company, has taken a significant step towards the commercial production of its Lifecycled TPU (thermoplastic polyurethane) material. The company has signed a deal with a contract manufacturer, which will enable them to scale up the production of their upcycled plastic material. Lifecycled TPU is a type of plastic that is made from post-consumer and post-industrial plastic waste, rather than from virgin materials. This process of upcycling plastic waste into a new, high-performance material is a key focus of Novoloop's mission to reduce the environmental impact of plastic production and waste. The partnership with the contract manufacturer will allow Novoloop to increase the availability of Lifecycled TPU, which can be used in a wide range of applications, including footwear, apparel, and automotive components. This move represents a significant step forward in the company's efforts to bring its innovative and sustainable plastic solution to the market.