UBQ Materials

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.

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.

Bazan Group's subsidiary Carmel Olefins signed a long-term supply agreement with UBQ Materials 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 in Q4 2022.