The transparency when reading in .mtl files is not set. See: https://github.com/dicarlolab/ThreeDWorld/blob/master/Assets/Scripts/Editor/MaterialProcessor.cs#L86-L93 The "d" value corresponds to the transparency in the .mtl file. The "alpha" channel of the Albedo corresponds to the transparency in Unity. Thus, the Albedo alpha channel in Unity should be set to the d value of the .mtl file to reflect transparency correctly. This should happen in line 128. Just check if it works.