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Israel-based UBQ Materials has entered into a new partnership with Polyram Group, a leading international supplier of high-performance thermoplastic compounds, with the aim of bringing new sustainable solutions to the market
.
Polygram will incorporate UBQ's proprietary, thermoplastic, bio-based UBQ material into formulations it develops for the automotive industry and other industries
.
UBQ is a sustainable, cost-effective alternative to functional resins derived from unsorted household waste, including all organic matter
.
The company said that UBQ is fully recyclable and has been used in various fields
.
Its use helps to create durable products with a reduced or even negative environmental footprint
.
Albert Douer, chairman and co-CEO of UBQ Materials, said the materials created through this partnership offer significant environmental benefits, from replacing virgin materials to reducing emissions, all without compromising functionality or profitability
.
"We're bringing an extraordinary value proposition to the market
.
"
Polygram Corporation is an international manufacturer and supplier of high performance thermoplastic compounds used in durable industrial applications and products in industries including automotive, irrigation, electronics and packaging
.
“Sustainability has become a priority for automakers as concerns about climate change and resource availability grow
.
Environmental protection is not only a consumer expectation, but also a focus of legislation, such as the carbon neutrality target in Europe
.
” said Yuval Peleg, CEO of Polyram Group
.
UBQ is a certified B Corporation whose clients include global retail solutions provider Mainetti, Mercedes-Benz manufacturer Daimler and Arcos Dorados, the world's largest franchisee of McDonald's restaurants
.
UBQ is currently building its first industrial-scale plant with an annual capacity of 73,000 tons
.
The plant, located in the Netherlands, is scheduled to be operational in the fourth quarter of 2022
.
The new compounds created with Polygram will contain up to 40% UBQ loading and are available for customers looking to incorporate circular solutions and carbon-reducing materials into their product lines
.
