With Ioniqa’s process PET Polyester plastic waste can be endlessly recycled giving the market a high quality alternative to virgin products.
With Ioniqa’s smart fluids and a unique separation process colored PET, Polyester is upcycled into ‘virgin’ raw materials. These ‘monomers’ form the original building blocks to create new high-end PET through polymerization, suitable for any and all use including food-grade plastics.
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.
Once the technology has been proven in Ioniqa’s 10k ton plant this so called ‘blue print’ will be the basis to start selling licenses worldwide for the production of monomers on an estimated 50+k ton scale.
The Business Case is built on the ongoing selling of licenses to meet the huge demand for high- quality rPET on global scale and the continued development of the platform technology. Once Ioniqa has satisfactorily proven its own 10k ton production plant of PET recycling, it will be able to license our technology to PET producers all over the world.
The feedstock for Ioniqa’s proces is based on low-end feedstock, the majority (up to 90%) that currently ends up in incinerators, landfill and the oceans, for instance coloured bottles rPET in the Netherlands is not considered.
Ioniqa is researching and planning Demo runs with Polyester fibres, an identical material to PET bottles.