# Exel Composites signs bio-based resin supply deal with INEOS

Exel Composites announced a purchasing agreement with INEOS for over 100 metric tons of its ENVIREZ bio-based resin system, to phase out hydrocarbon-derived resins.

- Type: Contract
- Announced: 2024-09-04
- Status: announced
- Products: ENVIREZ bio-based resin system
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [INEOS](https://endata.com/companies/9807.md) (supplier)
- [Exel Composites](https://endata.com/companies/46118.md) (customer)

## Sources

- [exelcomposites.com](https://exelcomposites.com/bio-based-resin-launch-ineos/), 2024-09-04: "Exel Composites has announced a new purchasing agreement with chemical manufacturing giant INEOS for over 100 metric tons of its ENVIREZ bio-based resin system."

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