# Exel Composites signs purchasing agreement with INEOS for bio-based resins

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

- Type: Contract
- Announced: 2024-09-09
- Where: Finland
- Status: announced
- Capacity: 100 metric tons of resin
- Products: Envirez bio-based resin system
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [compositesworld.com](https://www.compositesworld.com/news/exel-launches-commercial-scale-use-of-ineos-bio-based-resins), 2024-09-09: "Exel Composites (Vantaa, Finland) has announced a new purchasing agreement with chemical manufacturing giant INEOS (Dublin, Ohio, U.S.) for more than 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.