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Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Oct 25, 2021PARTNERSHIPTze'elim, Israel, Israel

Bazan Group and UBQ Materials partner to incorporate climate-positive thermoplastic into resins

Bazan Group's subsidiary Carmel Olefins and UBQ Materials announced an agreement to incorporate UBQ's climate-positive thermoplastic into resin production. Initial supply will come from UBQ's facility in Tze'elim, Israel, with subsequent supply of 10,000 annual tons from a Netherlands facility expected operational in Q4 2022.

Status

Announced

Capacity

10,000 annual tons

Productsclimate-positive thermoplasticspecialty polypropylene

CompaniesBazan Group partner Carmel Olefins partner UBQ Materials partner Ducor Petrochemicals partner

Sectors#Plastics and Polymers #Specialty Chemicals

“This agreement is another step towards implementing our new sustainability strategy.”prnewswire.com

1 source
prnewswire.comBazan Group Inks Deal with UBQ Materials to Incorporate Climate Positive Thermoplastic into Resin Product LinesUBQ Materials Ltd.Oct 25, 2021

Summarized from public sources; check the original articles before acting on it.

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