As one of the leading energy companies in Israel, Bazan plays a vital role in refining and distributing essential petroleum products. The group not only meets domestic fuel demands but also engages in significant export activities.
By investing in technological advancements and sustainable practices, Bazan Group is positioning itself as a key player in Israel’s evolving energy landscape, where the focus is increasingly shifting towards renewable sources.
How is Bazan Group Contributing to Renewable Energy?
Bazan is currently advancing plans to produce polypropylene and polyethylene from renewable feedstock, specifically used cooking oil. The company has received certification from ISCC System GmbH, enabling it to incorporate green ethylene and propylene into its production processes.
This innovative approach allows Bazan to reduce its reliance on crude oil feedstock and contribute to waste reduction by converting biological waste into valuable materials. These efforts signify a proactive response to the growing global demand for sustainable and environmentally friendly products.
What are Bazan Group’s Sustainability Goals?
Bazan aims to have green polymers account for 15% of its total polymer sales by 2025 and 30% by 2030. Additionally, the company is exploring new technologies to produce sustainable aviation fuel (SAF) and renewable diesel, derived from hydrogen and used cooking oil. By committing to these ambitious sustainability goals, Bazan Group is not only enhancing its operational efficiency but also playing a crucial role in supporting Israel’s transition to a low-carbon economy. Through these initiatives, Bazan is setting a benchmark for the energy sector in Israel and beyond.
Bazan Group’s focus on renewable energy offers several benefits: it reduces reliance on fossil fuels, promotes sustainability through waste conversion, lowers carbon emissions and enhances product innovation with eco-friendly materials. These initiatives position Bazan as a leader in Israel’s energy transition towards a greener future.