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Novoloop® and Shanghai Huide Science & Technology Announce Strategic Partnership to Scale Lifecycled™ TPU Production

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Novoloop® and Shanghai Huide Science & Technology Announce Strategic Partnership to Scale Lifecycled™ TPU Production
News

News

Novoloop® and Shanghai Huide Science & Technology Announce Strategic Partnership to Scale Lifecycled™ TPU Production

2025-10-09 14:59 Last Updated At:15:11

DÜSSELDORF, Germany--(BUSINESS WIRE)--Oct 9, 2025--

Novoloop®, a U.S. technology pioneer in circular innovation, today announced a strategic partnership with Shanghai Huide Science & Technology Co., Ltd. to scale the production of Novoloop’s Lifecycled™ thermoplastic polyurethane (TPU). The collaboration is formalized through a five-year Contract Manufacturing Agreement, which establishes long-term clarity on supply, pricing, and quality standards.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251009611650/en/

Novoloop has developed a proprietary chemical process that converts post-consumer polyethylene waste into virgin-quality Lifecycled™ polyols and polyurethane. This breakthrough technology enables materials traditionally made from fossil resources to be sourced instead from hard-to-recycle waste plastics.

Huide has spent nearly 30 years advancing polyurethane technologies, developing an end-to-end capability from R&D and process scale-up to manufacturing and supply-chain management, providing the foundation to translate material innovation into scalable industrial solutions.

Together, Novoloop and Huide have successfully produced multiple batches of Lifecycled™ 67A TPU on commercial reactive extrusion lines using Novoloop’s Lifecycled™ polyol and formulations. These batches have met all in-spec quality and performance requirements, confirming the viability of scaling TPU production with circular inputs. Under the terms of the agreement, the partners will also establish Global Recycled Standard (GRS) traceability and reporting as output expands, while laying a framework to onboard additional grades of Lifecycled™ TPU in the future.

“This partnership marks a major step forward in making circular TPU commercially viable at scale,” said Novoloop CEO Miranda Wang. “By teaming with a world-class polyurethane producer like Huide, we can offer dependable quality, traceability, and cost stability — all essential for broad adoption.”

“We are excited about the transformative potential of this collaboration,” said Huide General Manager Charley Qian. “Huide has always stood for sustainability and innovation, and for delivering products that embody quality, consistency, and trust. Together with Novoloop, we can extend this mission and drive technological innovation toward a more sustainable life.”

The partnership will be unveiled today atK-Show 2025in Düsseldorf, Germany, where Novoloop is exhibiting at Booth 5C07-3 and showcasing Lifecycled™ 67A TPU, which is now available for commercial pre-sales and offtake inquiries.

About Novoloop

Novoloop is a circular innovation company transforming hard-to-recycle plastics with its proprietary Lifecycling technology. By chemically upcycling post-consumer polyethylene into high-performance, low-carbon polyols and polyurethanes, Novoloop enables sustainable materials for applications in footwear, apparel, automotive, and more. Founded in 2015 and based in California, the company has raised over $50 million and holds 50 granted and pending patents across 18 regions. Novoloop’s Lifecycled™ TPU debuted in On’s Cloudprime sneaker in 2022, and in 2025, the company was named one of TIME’s World’s Top Greentech Companies. Learn more at novoloop.com.

About Shanghai Huide Science & Technology Co., Ltd.

Huide (SH:603192), listed on the Shanghai Stock Exchange, is a global leader in advanced polyurethane materials. With integrated capabilities in R&D, manufacturing, and supply-chain management, its portfolio spans TPU, PU resins, polyester polyols, adhesives, waterborne polyurethanes, and polyurethane system solutions, serving key industries including footwear, automotive, and consumer goods. Guided by innovation, Huide delivers differentiated solutions and value for customers, supported by international certifications such as ISO9001, ISO14001, ISO45001, IATF16949, and ISCC PLUS, and is nationally recognized in China for its leadership in sustainability and innovation in advanced technologies. Learn more at en.shhdsz.com.

Huide and Novoloop come together to commemorate partnership at the signing ceremony. (From left to right: Front row: Charley Qian - General Manager of International Business, Huide; Miranda Wang - Cofounder & CEO, Novoloop; Top row: Jialong Dong, Sales Manager, Huide; Dr. Sylvain Seif, Senior Applications Engineer, Novoloop; Ella Huang, China Operations Team, Novoloop)

Huide and Novoloop come together to commemorate partnership at the signing ceremony. (From left to right: Front row: Charley Qian - General Manager of International Business, Huide; Miranda Wang - Cofounder & CEO, Novoloop; Top row: Jialong Dong, Sales Manager, Huide; Dr. Sylvain Seif, Senior Applications Engineer, Novoloop; Ella Huang, China Operations Team, Novoloop)

AL HENAKIYAH, Saudi Arabia (AP) — Ricky Brabec deliberately gave up his motorbike lead over Luciano Benavides in the Dakar Rally while Nasser Al-Attiyah was happy to cruise through another day closer to his sixth car title on Thursday.

Al-Attiyah started 346-kilometer stage 11 between Bisha north to Al Henakiyah with a 12-minute overall lead and let it drop to less than nine minutes over new second-placed driver Nani Roma in a Ford.

Al-Attiyah was content to let Dacia teammate Sébastien Loeb catch up and pass him to have a teammate nearby for any help and to minimize errors on the mazy, dirt track. Al-Attiyah was 17th, nearly 13 minutes behind stage winner Mattias Ekström, and said he needed to execute the same plan on Friday's last effective racing stage before the end on Saturday.

“If we lose two, three, four minutes no problem,” Al-Attiyah said. “We just need to finish this Dakar in first place.”

Honda cooked up a strategy in the Saudi desert for Adrien van Beveren to open the way and let Brabec catch up after the 190-kilometer pit stop and pick up time bonuses.

Brabec boosted his overall lead from 56 seconds to nearly four minutes just 25 kilometers from the finish. He was also within a minute of the stage lead but he slowed down so KTM rival Benavides was the new overall leader, but only by 23 seconds.

Brabec got his his wish to start Friday's stage 12 six minutes behind Benavides, so he can eye him. They head west to the rally starting point of Yanbu on the Red Sea coast on 311 kilometers of gravel, some river beds with a finish in the dunes.

“A little bit of strategy today and hopefully it pays off tomorrow,” Brabec said. "I feel like its going to be a good day. We’re going back into the rocks so it will be a little bit better for us.”

Brabec is counting on his experience of winning the Dakar in 2020 and 2024 to trump Benavides, who has a best placing of fourth last year.

“I've been in this situation before,” Brabec said. “For the whole two weeks I've been just trying to stay relax, stay comfortable and just be confident, so two days more. I'm gonna do the same thing tomorrow that I've been doing every day; ride dirt bikes and have fun.”

Van Beveren helped Brabec with navigation while fighting with another teammate, Skyler Howes, the entire day for the stage win.

Howes prevailed by 21 seconds for his first career major stage in his eighth Dakar. He was third in 2023 and sixth last year. He's running fifth, 34 minutes off the pace.

Benavides was fourth in the stage and believed the race will be decided on the final 105-kilometer sprint on Saturday.

“I played no strategy like Ricky. I don't care,” Benavides said. “I'm doing what I can to control what I can control.”

Ekström won his third car stage of this Dakar, a special so fast that 12 other drivers were within 10 minutes.

Ford achieved another 1-2-3 stage. Romain Dumas, a three-time winner of the Le Mans 24 Hours, was a career-best second just over a minute back and Carlos Sainz was third.

Only Toyota's Henk Lategan beat Ekström to a checkpoint but Lategan's podium hopes were wrecked after 140 kilometers when a bearing broke on his rear left wheel. Lategan took four hours to get home. He was second last year and second overall overnight but plunged to 23rd.

Loeb moved up to third overall, 10 minutes behind Roma and three minutes ahead of Ekström.

AP auto racing: https://apnews.com/hub/auto-racing

Rider Daniel Sanders competes during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Rider Daniel Sanders competes during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Driver Nasser Al-Attiyah and co-driver Fabian Lurquin compete during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Driver Nasser Al-Attiyah and co-driver Fabian Lurquin compete during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Rider Skyler Howes competes during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Rider Skyler Howes competes during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Driver Henk Lategan, left, and co-driver Brett Cummings repair their car during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Driver Henk Lategan, left, and co-driver Brett Cummings repair their car during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Driver Nani Roma and co-driver Alex Haro compete during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

Driver Nani Roma and co-driver Alex Haro compete during the eleventh stage of the Dakar Rally between Bisha and Al Henakiyah, Saudi Arabia, Thursday, Jan.15, 2026. (AP Photo/Thibault Camus)

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