Ioniqa wins CSR Netherlands Award ‘Ambition 2020 Challenge’
The circular PET polyester solution of Ioniqa won the Ambition 2020 Challenge Award of CSR Netherlands on 28 June 2016 in Rotterdam.
In terms of impact on the triple bottom line – People, Planet, Profit – Ioniqa presented the best innovation, according to the jury: ‘Ioniqa has achieved a solution for the inclusive and circular economy, in an inspiring way, with impact and a clear business case’.
Ioniqa invented a Magnetic Smart Process to recycle all kinds of coloured PET polyester waste into ‘virgin quality’ raw materials. An economic viable technology that is capable of transforming the PET polyester industry into a circular, sustainable business generating many new jobs.
CSR Netherlands (MVO Nederland) launched the Ambition 2020 Challenge to encourage entrepreneurs to come forward with business concepts contributing to a climate neutral world without waste, where each individual talent counts. Of all the Dutch sustainable innovations Ioniqa came out as the winner. Tonnis Hooghoudt, CEO of Ioniqa, received the Award during the farewell reception of Willem Lageweg, who retired after 10 years as director of CSR Netherlands.
Each year more than 50 million tons of oil-based PET-plastics (bottles, packaging, filling, apparel, carpets, etc) end up in incinerators, landfill and oceans. Only 10 percent of post-consumer PET-waste is collected and eventually mechanically down-cycled. The Ioniqa-technology of Magnetic Smart Recycling enables a high-grade up-cycling of all kinds and colours of PET-waste at highly competitive pricing. With this innovation Ioniqa can start to inspire the world to replace oil-based PET for cradle-to-cradle PET production, transforming the millions of tons of worthless PET-waste into a valuable secundary resource.
About Ioniqa Technologies
Ioniqa Technologies is a high-tech chemical company from the Eindhoven region (The Netherlands) founded in 2009 and specializes in the development of Magnetic Smart Processes, which includes Magnetic Smart Materials and Separation Processes. It is a spin-off from the Eindhoven University of Technology and the Dutch Polymer Institute (Eindhoven, The Netherlands).
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