Ioniqa | creating value out of PET waste
Ioniqa is a cleantech spin-off from the Eindhoven University of Technology (The Netherlands) and is specialized in ‘smart processes’. With a patented technology, Ioniqa found a circular solution for all kinds and colours of PET Polyester waste. The scale up has discovered the key to ‘The Eternal PET Bottle’. They have developed an innovative process to upcycle all types and colours of PET waste into high quality pure raw materials, suitable for any new PET application.
The mission of Ioniqa is closing the loop and making plastics sustainable. Cleaning up the planet by upcycling plastic waste, coming from oceans, consumers and industry, into food-grade virgin raw materials.
The social impact of their startup’s activities is that they succeeded to find a circular solution for the millions of tons of PET waste in the world. Ioniqa is able to close the loop for all PET plastics, and make PET plastics in a way a sustainable product.
Ioniqa today is a game changer by making plastics a sustainable material starting with PET plastics. The scale up is leading the pack in the field of enhanced recycling for PET plastics bringing its solution to the world. They continue to further ramp up the 10kt plant to full capacity and to prepare licensing packs. At this point in time they are located in Eindhoven with their R&D labs and offices. The Demo plant is stated in the port of Rotterdam and a pilot plant in Geleen (South of Limburg).
“You overcome challenges every day and when goals are reached it is even more special”
The early stage financing by Brabant Startup Founds helped Ioniqa to innovate. For many startup companies it is important to have funding as in most cases it is difficult to innovate without.
In answer to what makes working in a startup so appealing, CEO and co-founder Tonnis Hooghoudt reacts: “You overcome challenges every day and when goals are reached it is even more special, especially when working for a company which focuses on the solution for the worldwide plastic problem.”