# Bazan Group signs long-term supply agreement with UBQ Materials for climate-positive thermoplastic

Bazan Group's subsidiary Carmel Olefins signed a long-term supply agreement with UBQ Materials to incorporate UBQ's waste-derived thermoplastic into resin production, with initial supply from Israel and subsequent 10,000 annual tons from a Netherlands facility expected in Q4 2022.

- Type: Contract
- Announced: 2021-11-09
- Where: Israel
- Status: announced
- Capacity: 10,000 annual tons (from Netherlands facility)
- Products: UBQ climate-positive thermoplastic, Eco CAPILENE specialty polypropylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Bazan Group](https://endata.com/companies/58670.md) (customer)
- [Carmel Olefins](https://endata.com/companies/58671.md) (customer)
- [UBQ Materials](https://endata.com/companies/58672.md) (supplier)
- [Ducor Petrochemicals](https://endata.com/companies/58673.md) (partner)

## Sources

- [modernplasticsglobal.com](https://www.modernplasticsglobal.com/bazan-group-inks-deal-with-ubq-materials-to-incorporate-climate-positive-thermoplastic-into-resin-product-lines/), 2021-11-09: "This agreement is another step towards implementing our new sustainability strategy."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.