Eindhoven, the Netherlands, 29 January 2019
Today Ioniqa announces it has completed a funding round of € 12M for the launch of its 10 kiloton upcycling process for the infinite use of PET plastic materials.
Together with the Ministry of Economic Affairs and Climate Policy, Nationaal Groenfonds and The Coca-Cola Company, Ioniqa’s shareholders provided the funding for the development and build of the first 10kt plant in the Netherlands.
Tonnis Hooghoudt, Ioniqa’s CEO and Founder, said: “This is yet another major milestone in bringing our technology to the market for making plastics a sustainable material. After the earlier announcements stating the strong interest of Unilever, The Coca-Cola Company and Indorama, we have secured the funding to deliver high-grade raw materials for food grade packaging. We are optimistic making this world a better place, by contributing to the cleaning up of the plastic waste on this planet.”
“Even with a compelling business case as Ioniqa’s, attracting financing for innovative technologies in this phase remains a challenge. With the vision and pragmatism of the funding parties involved we have been able to successfully close this round” says Jeroen Bulk, Ioniqa’s CFO.
State Secretary Mona Keijzer of The Netherlands (Economic Affairs and Climate Policy): “Ioniqa’s upcycling process promises to be a pioneering innovation to reduce plastic waste. I like to help these entrepreneurs making their Dutch solutions for global challenges successful. Our common goal for a more sustainable and circular economy leads to new opportunities for The Netherlands to be competitive globally. My Ministry will contribute to this purpose and give support by providing knowledge, financing and partnerships to improve innovative products or services.”
“Together with Netherlands Enterprise Agency RVO we arranged this bespoke loan for Ioniqa and it is a unique example of financing a sustainable project” says Jean-Paul Schaaij, Director of Nationaal Groenfonds “our funding is tailor-made and meeting the requirements of both Ioniqa and RVO. Overcoming the challenge for this innovative project contributes to an on-time start of the new plant and making a significant contribution to the circular economy. ”
About Ioniqa Technologies
Ioniqa is a clean-tech spinoff from the Eindhoven University of Technology (the Netherlands), specialized in creating value out of PET waste by using its proprietary circular technology. With a cost- effective process, Ioniqa is able to close the loop for plastics, starting with PET plastics. This award winning innovation transforms all types and colors of PET waste into valuable resources for ‘virgin- quality’ new PET. Upcycling processes for other types of plastics are being researched and expected to be launched in the near future.
For more information: Ioniqa, Eindhoven (NL): Telephone +31 40 751 76 30, Email: firstname.lastname@example.org
Netherlands Enterprise Agency (RVO.nl) stimulates entrepreneurs in sustainable, agricultural, innovative and international business. It aims to improve opportunities for entrepreneurs, strengthen their position and help them realise their international ambitions with funding, networking, know-how and compliance with laws and regulations. Netherlands Enterprise Agency is a government agency which operates under the auspices of the Ministry of Economic Affairs and Climate Policy. Its activities are commissioned by the various ministries and the European Union.
The Innovation credit of RVO.nl focuses on the development of promising and challenging innovations with an excellent market perspective. This may involve the technical development of a new product or process or the clinical development of a drug or device. All companies, both starters and established companies (large or small), can benefit from the Innovation credit. See also: https://english.rvo.nl/subsidies-programmes/innovation-credit
For more information: RVO, The Hague (NL): Telephone +31 88 042 42 42, Email: email@example.com
The Dutch National Fund for Green Investments is dedicated to making the Netherlands greener, providing services in the fields of financing, public support, advice and financial management. We are a socially engaged organisation and green investment institution aiming to contribute to improving the quantity and quality of our green living environment.
The Dutch National Fund for Green Investments develops financial instruments and bridges public and private means by breaking down (financial) barriers. In this way we enable the development and conservation of nature and landscape earlier and on a larger scale. Our unique combination of knowledge about green and about money fast-tracks projects, connects parties and provides insights that benefit the green living environment in its broadest sense: nature, landscape, air, water, biodiversity and experience.
For more information: Nationaal Groen Fonds, Amersfoort (NL), Telephone +31 88 253 9255, Email: firstname.lastname@example.org
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries and territories. In addition to the company’s Coca-Cola brands, our portfolio includes some of the world’s most valuable beverage brands, such as AdeS soy-based beverages, Ayataka green tea, Costa coffee, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, innocent smoothies and juices, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater and ZICO coconut water. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We’re also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at Coca-Cola Journey at www.coca-colacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.
For more information: The Coca-Cola Company, Atlanta (USA), Amanda Rosseter, Joanna Richards, Telephone +1 404.676.2683, Email: email@example.com
Agreement with Ioniqa Reflects Investment in Promising New Recycling Technologies
ATLANTA, Dec. 13, 2018 – The Coca-Cola Company today announced a new agreement extending a loan to Ioniqa Technologies (The Netherlands) to facilitate the development of Ioniqa’s proprietary technology to produce high-grade, recycled PET content from hard-to-recycle PET waste. The agreement is designed to accelerate the development and deployment of high-grade recycled content PET for use in bottles used by The Coca-Cola Company.
This investment supports the company’s global vision to work toward a World Without Waste, which includes a goal to create packaging made of at least 50% recycled material by 2030. The new technology supports the circular economy for plastics by allowing packages such as colored PET bottles that may have been excluded from certain recycling streams to be recycled into food-grade quality packaging.
The agreement is intended to accelerate scale-up of Ioniqa’s recycling technology for PET. Ioniqa has developed a proprietary recycling technology that is able to convert hard-to-recycle PET-containing waste like colored bottles into purified polymer building blocks that can be later re-formed into high quality PET. The technology has been validated at the demonstration scale with value chain partners, and a 10 kMT industrial plant is under construction in The Netherlands for commissioning in 2019.
“Our investment in new and pioneering recycling technologies is an opportunity for significant movement toward closing the loop and creating a circular economy for PET,” said Robert Long, Chief Innovation Officer for The Coca-Cola Company. “We plan to continue investment in developing the right partnerships and initiatives – like with Ioniqa – to support our vision of a World Without Waste.”
“Partnering with The Coca-Cola Company is a further validation of our journey to launch this unique process for transforming hard-to-recycle PET waste into high-quality, foodgrade material,” said Tonnis Hooghoudt, CEO of Ioniqa. “The Ioniqa process allows for significant recovery and reuse of plastic materials that might otherwise not be recycled, while delivering quality food grade PET. The launch of our plant next year will be a step change in the transformation of hard-to-recycle PET plastic into a more widely usable recycled material, supporting the vision of Coca-Cola.”
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries and territories. In addition to the company’s CocaCola brands, our portfolio includes some of the world’s most valuable beverage brands, such as AdeS soy-based beverages, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, innocent smoothies and juices, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater and ZICO coconut water. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We’re also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at Coca-Cola Journey at www.coca-colacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.
The fairlife® brand is owned by fairlife LLC, our joint venture with Select Milk Producers Inc. Products from fairlife are distributed by our company and certain of our bottling partners.
Media: Amanda Rosseter and Joanna Richards
firstname.lastname@example.org, +1 404.676.2683
About Ioniqa Technologies
Ioniqa is a clean-tech spinoff from the Eindhoven University of Technology (The Netherlands), specialized in creating value out of waste by using its proprietary circular technology. With a cost-effective process, Ioniqa is able to close the loop for plastics, starting with PET plastics. This award winning innovation transforms all types and colors of PET waste into valuable sources for ‘virgin-quality’ recycled PET. Up-cycling processes for other types of plastic are being researched and expected to be launched in the near future
Eindhoven, The Netherlands – 13 September 2018
Ioniqa is scaling up its technology for infinite PET plastic upcycling: the technology company is building its first PET plastic up-cycling factory in the Netherlands at Brightlands Chemelot Campus in Geleen. As of summer 2019, PET plastic waste will be converted into high-grade, pure PET raw material, of which new food packaging will be made.
Last April it was announced that Ioniqa had entered into a partnership with Unilever and PET packaging market leader Indorama. According to Tonnis Hooghoudt, CEO of Ioniqa, the cooperation with both multinationals is very important: “Since 2011, we have been developing in our R&D labs in Eindhoven (the Netherlands) this circular technology to up-cycle all types of colored PET plastic wastes and textiles. Over the past two years we carried out many tests at our demonstration plant at Plant One in the Port of Rotterdam (the Netherlands) to prove our process for the production of raw material for food packaging. This was an important step and validates Ioniqa’s circular solution for all stakeholders in the market.”
Make the world a better place
With its circular process no oil is needed anymore to produce new PET materials. “PET waste is our raw material. With Ioniqa’s process PET products, made from PET waste, are identical to those made from oil, with the same quality, food safety and competitive prices. Ioniqa’s up-cycling process makes the world cleaner and a better place.”
Looking at the many images of the plastic soup in the oceans and landfills with millions of plastic bottles and boxes: “We all made a big mess of it. I am happy that through our circular process we can contribute in clearing this up and, crazy as it may sound, making the use of plastic sustainable. Other value chain players already labeled our process as a real game changer.
The Ioniqa plant in the Netherlands (Geleen) will be be ready in the first half of 2019 and the end-product will be delivered to the market in the same year. Output of the plant is 10,000 tons of PET raw materials. “Both the supply of the PET feedstock as well as the off-take of the materials is already guaranteed for this 10,000 ton plant”, according to Hooghoudt. The Brightlands Chemelot Campus, Geleen (the Netherlands), is the perfect site for the Ioniqa factory and being close to Germany, Belgium and France, facilitates sufficient plastic waste streams for Ioniqa’s process. Limburg is a great location to become a key plastic hub in Europe.”
Bert Kip, CEO of Brightlands Chemelot Campus says: “Recycling is a crucial element in the ambition of Brightlands Chemelot Campus to stimulate and accelerate innovations in sustainability in the chemical and materials world. Together with Chemelot Industrial Park, we are building on a recycling ecosystem. Various parties at both Chemelot Industrial Park and Brightlands Chemelot Campus are already active in this area. We are therefore extremely proud that Ioniqa chose Brightlands Chemelot Campus as the location for the pilot plant for PET polyester recycling. Ioniqa fits perfectly in our strategy. We welcome Ioniqa on Brightlands Chemelot Campus and I would to thank all the partners of the campus who made this possible.”
Regional Minister of Economic Affairs and Knowledge Infrastructure Joost van den Akker: “The Province of Limburg is delighted that Ioniqa is establishing itself at the Brightlands Chemelot Campus. On this campus we work within the objectives of Chemelot 2025 on improving sustainability and reducing waste flows and CO2 emissions. Ioniqa’s technology will make a major contribution to this. Together with its fellow shareholders Maastricht University and DSM Nederland, the Province has also invested a great deal in recent years in creating an attractive business climate for innovative companies on the Brightlands Chemelot Campus. The arrival of a company like Ioniqa shows that we can now harvest the results of these efforts.”
Hooghoudt envisions this first Ioniqa plant will be followed by many more. The 10,000 ton plant output is still a relatively small volume compared to market demand and scale up to 100,000 or 200,000 tons will certainly follow. “That is something for large internationally operating parties to take on,” says the CEO of Ioniqa. “We focus on licensing our technology globally. This will also ensure that the technology is implemented faster. Ioniqa will continue to focus on further technology development in the future in order to be able to recycle other types of plastics – and in the future also bio-plastics. ”
Diederik Samsom: ‘Ioniqa, a sparkling company’
Eindhoven, The Netherlands – 23 April 2018
“In the Netherlands, a few companies are doing well in the circular economy: one of them is sparkling Ioniqa.” With these words Diederik Samsom, former PvdA leader, complimented Ioniqa’s founder and CEO, Tonnis Hooghoudt, during the Waste and Recycling Conference 2018 in Utrecht.
Hooghoudt, later interviewed by chairman Freek van Eijk during the congress, talked about the start of Ioniqa (a spin-off from the Eindhoven University of Technology) in the plastic field as of 2011. He explained Ioniqa’s plan to launch its first industrial plant by next year. This plant will supply 10 kilotons of pure PET raw material from which new PET products can be manufactured.
Unique circular process
Globally around 320 million tons of plastic are produced every year, approximately a quarter being PET products. Only 10% of those PET products are being recycled. “Ioniqa developed a method to boost this recycling percentage. With our unique recycling process, fed with PET-waste we are able to produce ‘virgin’ raw material. This circular process can be repeated indefinitely”, Hooghoudt explained in a very busy conference room.
“Crude oil is the basic raw material of all plastics. As our ‘raw material’ is PET waste, oil is no longer needed and can eliminate oil from the plastic production process. This is a big advantage for the environment, including the reduction of CO2 emissions. Ioniqa’s raw material for PET is the same quality as PET raw material produced from the oil route while a competitive price. Both aspects are equally important, you do need a solid business case.”
All colorants can be removed from PET waste, like bottles and food trays, in Ioniqa’s game-changing process. Something that is impossible to do with traditional mechanical recycling. “We can use all possible PET coloured waste streams, including textiles: old, discarded clothes can be converted into the raw material for PET, even for food packaging.”
Start-up Ioniqa now entered the upscaling phase. Its demonstration plant in the Botlek area in at Plant-One Rotterdam will have a big brother next year: a 10 kiloton production plant. “Next upscaling steps, up to 200 kilotons, is up to stakeholders such as PET producers, Brands and Waste recyclers. They are far better equipped to take this circular process to an industrial level. We will sell licenses of our technology and continue to develop new, innovative paths of recycling. But first Ioniqa’s goal is to realize the plans for the new 10 kt plant in 2019. ”
1 million Jumbo jets
Every year around 320 million tons of plastic are produced worldwide, which equals 1 million fully loaded Jumbo jets. “A quarter of plastics is PET and only 10 to 20% maximum is being recycled”, Hooghoudt says. “The rest (equaling a volume of 200,000 Jumbo jets) disappears in incinerators, landfill or in the ocean. We will need to take better care of our planet. The expected plastic production will grow to more than 1 billion tons per year over the next 30 years. We can only tackle this problem together: the industry, innovative companies, investors, governments and citizens combined.”
Rotterdam, the Netherlands – 16 April 2018
At Ioniqa’s demonstration plant for its circular PET process, located at Plant One in Port of Rotterdam, the 50th test run was completed. “A great milestone in the development from start-up to scale-up”, according to Tonnis Hooghoudt, Ioniqa’s CEO.
In this demo plant, tests are being run to make new PET raw material from various PET waste. The ‘feedstock’ for this factory (1,000 liters) are PET bottles and trays as well as textiles.
If all goes according to plan a fully operational factory will be ready in summer 2019, able to produce 10,000,000 liters (10 kilotons) of new PET raw material – virgin material – from which new PET products can be made.
Globally around 320 million tons of plastic are produced every year, approximately a quarter being PET products. So far, only 10-20% of those PET products are being recycled. “With our unique and circular process we can really boost this percentage.”
In addition, crude oil is the basis of all plastic production. “As our ‘raw material’ is PET waste, oil is no longer needed, which means we can eliminate oil from the production process. This is a big advantage for the environment, for example reducing CO2 emissions”, says Hooghoudt, who emphasizes that Ioniqa’s raw material for PET is of the same quality as PET raw material produced from existing oil and chemical processes. “And at a competitive price level.”
In Ioniqa’s game changing process, all colorants can be taken from used PET bottles and trays. Something that is impossible with existing recycling technologies. “We are targeting to use all possible coloured PET waste streams, including textiles. Bottom line is that with our process we will be able to convert even discarded polyester clothes into raw material for food packaging.”
4 April 2018 PRESS RELEASE – Unilever, Ioniqa and Indorama launching breakthrough food packaging technology
Unilever, Ioniqa and Indorama launching breakthrough food packaging technology
London/Rotterdam, 4 April 2018 – Unilever has announced a partnership with start-up company Ioniqa & the largest global producer of PET resin Indorama Ventures to pioneer a new technology which converts PET waste back into virgin grade material for use in food packaging.
Ioniqa has developed a proprietary technology that is able to convert any PET waste – including coloured packs – back into transparent virgin grade material. The technology has successfully passed its pilot stage and is now moving towards testing at an industrial scale.
PET (Polyethylene Terephthalate) is widely used to produce plastic packaging, yet worldwide only around 20% of this material makes its way to recycling plants with the rest either incinerated, disposed of in landfills or leaking into the natural environment. Through its R&D Foods team, Unilever has partnered with Indorama Ventures & start-up company Ioniqa, a spin-off from the Eindhoven University of Technology, The Netherlands, to tackle this challenge.
Ioniqa’s new technology takes non-recycled PET waste – like coloured bottles – and breaks it down to base molecule level, while separating the colour and other contaminants. The molecules are converted back into PET which is equal to virgin grade quality at Indorama’s facility.
If proven successful at industrial scale, in future it will be possible to convert all PET back into high quality, food-grade packaging. The three partnering companies believe that this fully circular solution could lead to an industry transformation, since the new technology can be repeated indefinitely.
In 2017, Unilever committed to all of its plastic packaging being reusable, recyclable or compostable by 2025. Chief R＆D Officer David Blanchard said that Unilever is proud to support another sustainable packaging innovation.
David Blanchard said: “We want all of our packaging to be fit for a world that is circular by design, stepping away from the take-make-dispose model that we currently live in. This innovation is particularly exciting because it could unlock one of the major barriers today – making all forms of recycled PET suitable for food packaging. Indeed, making the PET stream fully circular would be a major milestone towards this ambition, not just helping Unilever, but transforming industry at large.”
Aloke Lohia, Group CEO of Indorama Ventures added: “We aspire to be a world-class chemical company making great products for society, and this partnership is fully aligned with our vision. Our approach is not limited to our own operations, but we take the entire supply chain into account, including what happens to our products after use. We therefore look forward to working closely with Unilever and Ioniqa to leverage this state-of-the-art technology that contributes to tackling the global issue of waste, and enables us to go beyond the role of a polymer manufacturer.
Tonnis Hooghoudt, Founder and CEO of Ioniqa summed up by stating: “To scale up our unique solution for PET plastics, we are delighted to work together with partners like Unilever and Indorama Ventures. Through our collaboration, Ioniqa’s innovative technology can turn PET waste into a truly circular material which holds value after disposal by consumers, helping to clean up the planet.”
See also the following link
CEO Ioniqa: “Oil no longer required to produce plastics”
The story of Ioniqa is dazzling: the young company developed a new circular technology in a laboratory at the Eindhoven University of Technology, six years later it’s first industrial plant is scheduled to be operational. The 10 kiloton plant will be upcycling kilotons of PET plastic waste into ‘virgin’ grade materials for the plastic industry. This success is not surprising, Ioniqa is nothing short of a true game changer.
Tonnis Hooghoudt, CEO and Founder of the company: “Our process removes impurities, for instance colorants, from all types of PET plastic waste. Ioniqa’s end-product is a ‘virgin’ raw material in its purest form at price competitive level. Hence oil is no longer required to produce plastics.”
In the Port of Rotterdam (NL) right next to global giants such as AkzoNobel and ExxonMobil, a unique test environment is located, named Plant One Rotterdam. At this site 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.
Recently Michiel de Groot joined Ioniqa in the position of COO.
Eindhoven, The Netherlands – 1 October 2017
We are happy to announce that Ioniqa has expanded the team with new COO Michiel de Groot. He will fulfill a major role in being responsible for the operation of the demonstration plant in Botlek-Rotterdam and the engineering and operation of the scale-up to a commercial installation.
Michiel has a broad background and experience in Chemical Engineering. He fulfilled senior positions in Engineering and Manufacturing and holds a Master degree in Chemical Engineering at Delft University (The Netherlands).
For more information regarding the upscaling process please contact: Michiel de Groot, COO / email@example.com
The circular PET polyester solution of Ioniqa won the Accenture Innovation Award 2016 in the category Circular Economy on 28 oktober 2016 in Utrecht.
Eindhoven, The Netherlands – 28 October 2016
Quote of the jury: “One of the biggest challenges in the world is how we treat plastic waste. Ioniqa has invented this brilliant, innovative technology and the solution to recycle all PET plastics. As a jury we also selected this winner because we feel that this award can boost the commercialization and boost the global exposure of this technology to make the world a better place!”
Ioniqa invented a Magnetic Smart Process to recycle all kinds of coloured PET polyester waste into ‘virgin quality’ raw materials, competing with oil-base PET in both quality and costs. With this game changing technology Ioniqa found a profitable solution for almost a quarter of all plastic waste in the world. A technology that is capable of transforming the PET polyester industry into a circular, sustainable business generating many new jobs.
The Accenture Innovation Awards is a year-round program which generates attention for the most innovative Dutch products, services and concepts. The award-program gives companies and organizations the recognition they deserve. It’s all about innovative concepts launched in the Netherlands that are younger than three years and deliver exceptional performance in terms of innovation and sustainability.
Each year more than 50 million tons of oil-based PET-plastics (bottles, packaging, filling, apparel, car
pets, 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-technoloy of Magnetic Smart Recycling enables a high-grade up-cycling of all kin
ds and colours of PET-waste at highly competitive pricing. With this innovation Ioniqa paves the way to replace oil-based PET for cradle-to-cradle PET
production, transforming worthless PET-waste into a valuable secondary resource.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining experience and specialized skills across more than 40 industries and all business functions Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 384,000 people serving clients in more than 120 countries. www.accenture.com.
About Ioniqa Technologies
Ioniqa Technologies is a cleantech start-up 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).
More information: +31 40 751 7630 / firstname.lastname@example.org