Winner Circular Economy Award 2016 Accenture

The circular PET polyester solution of Ioniqa won the Accenture Innovation Award 2016 in the category Circular Economy on 28 oktober 2016 in Utrecht.

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.

Cradle-to-cradle PET
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 kinds 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.

About Accenture
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.

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).

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