the young company developed a new circular technology in a laboratory at the Eindhoven University of Technology, six years later itā€™s first industrial plant is scheduled to be operational.

The story of Ioniqa is dazzling: the young company developed a new circularĀ technology in a laboratory at the Eindhoven University of Technology, six years laterĀ itā€™s first industrial plant isĀ scheduled to be operational. The 10 kiloton plant will be upcycling kilotons of PET plastic waste into ā€˜virginā€™ grade materials for the plastic industry. This success is not surprising, Ioniqa isĀ nothing short of a true game changer.Ā 

Tonnis Hooghoudt, CEO and Founder of the company: ā€œOur process removes impurities, for instanceĀ colorants, from all types of PET plastic waste. Ioniqaā€™sĀ end-productĀ is a ā€˜virginā€™ raw material in its purest form at price competitive level. Hence oil is no longer required to produce plastics.ā€

In the Port ofĀ Rotterdam (NL) right next to global giants such as AkzoNobel and ExxonMobil, a unique test environment is located, named Plant One Rotterdam. At this siteĀ innovators test their pioneering technology and process at pre-industrial scale. Here Ioniqa is demonstrating its game changing process with the support of stakeholders, contributing to a circular economy.

From: http://www.ioniqa.com/the-plastics-industry-can-do-without-oil-supplies/