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Israeli Trash-to-Bioplastic Startup UBQ Raises $70 Million

Israeli Trash-to-Bioplastic Startup UBQ Raises $70 Million

"The production process begins with sifting waste from local towns and a nearby army base to remove metals and minerals. The material is then ground into a powder and converted into bioplastic in a reactor using UBQ technology that doesn’t require water. The resulting thermoplastic is then shaped into pellets that can be blended with other materials and has production costs that the company says are comparable to making plastic."

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