On 13th September 2018, Ioniqa announced that it is building its first PET plastic up-cycling factory at Brightlands Chemelot Campus in Geleen. The plant will convert PET plastic waste into high-grade, pure PET raw material, from which new food packaging will be made.
The plant will be ready in the first half of 2019 and the end-product will be delivered to the market in the same year. Output will be 10,000 tonnes of PET raw materials. “Both the supply of the PET feedstock as well as the off-take of the materials is already guaranteed”, according to Tonnis Hooghoudt, CEO of Ioniqa.
Mr Hooghoudt envisions this first Ioniqa plant will be followed by many more. "The 10,000 tonne plant output is still a relatively small volume compared to market demand and scale-up to 100,000 or 200,000 tonnes will certainly follow. That is something for large internationally operating parties to take on” he said. “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” he added.