• Thu. Sep 22nd, 2022

Dutch chemical company Ioniqa and UK’s Koch Technology Solutions announce deal to make plastics sustainable – Silicon Canals


Sep 16, 2022

Tonnis Hooghoudt, CEO of Ioniqa Technologies | Image credit: Ioniqa (Twitter)
Dutch-based Ioniqa Technologies and UK-based Koch Technology Solutions (KTS), the technology licensing arm of KTS, announced on Tuesday, September 13, that they have entered a partnership to scale up and commercialise Ioniqa’s advanced Polyethylene Terephthalate (PET) recycle technology in the plastics industry. 
As part of this collaboration, KTS has also committed to investing €30M in Ioniqa.
Today, governments, international brands, and plastic producers are setting themselves steep targets for 100 per cent recycled PET plastics, led by a major shift in consumer demands. This creates a massive pull for the circular solution Ioniqa is delivering.
Ioniqa Technologies is a clean-tech spinoff from the Eindhoven University of Technology (NL), specialised in creating value out of PET waste by using its proprietary circular technology. With a cost-effective process, Ioniqa claims to close the loop for plastics, starting with PET plastics.
Ioniqa has developed a process that utilises low-grade post-consumer PET to infinitely produce a feedstock that displaces virgin raw materials used in the production of polyester products. Ioniqa has successfully demonstrated this technology in The Netherlands’ 10KTA production facility. 

Adam Sackett, President of KTS, says, “KTS has a long history in the polyester industry, and we recognise the value proposition of this disruptive technology that will fundamentally change how recycling is done. With an aligned vision on the future of PET recycling, we’re excited to launch this partnership with Ioniqa and leverage our complementary capabilities to advance solutions which are tailored to the needs of the market.”
According to Ioniqa, its smart fluids and the separation process upcycles all sorts of PET, even coloured PET, and claims that it was not possible until now. The raw material that it produces is identical to the plastics produced from oil and even suitable for food packaging. 
The company does all this by the method called depolymerisation.
Explaining the process on its website, the company says, “The plastic, also known as a polymer, is submerged in a solution, such as water or glycol. The molecular structure of the polymer, which consists of identical units (the monomers), will then slowly start to dissolve. With the raw material that we harvest, we produce new, clear PET bottles that are food safe.”
Ioniqa’s Smart Materials and Separation Process is a platform technology. The current scaling up of its novel technology is focused on PET plastics only, but could be applied in the future to other plastics and organic materials as well.
KTS and Ioniqa will work together to address the growing demand for recycled content in the 30 million metric tonnes per annum PET market. With the help of their technology, Ioniqa can transform PET trash, which is presently not recyclable, into materials that can be used for high-end food-grade applications like beverage bottles.
Both companies consider the technology as a disruptor in the PET industry, providing a sustainable economic recycling proposition to conventional manufacturing routes. The partnership will drive a circular process that addresses the environmental impacts of the current PET industry.
Tonnis Hooghoudt, CEO and Founder of Ioniqa, says, “After the scaling of our technology to a 10KTA depolymerisation plant in The Netherlands, this KTS partnership is a major stepping stone for Ioniqa in commercialising its technology on a global level. Our expertise in breaking down plastic waste into virgin-like monomers matches seamlessly with KTS’ track record in designing and licensing PET production processes worldwide. We believe that together we can meet the strong market demand for recycled PET materials by jointly providing licences and cleaning up the planet.” 
Koch Technology Solutions (KTS) is the technology licensing division of Koch Engineered Solutions (KES). The firm adds value for customers across a range of technologies, such as the polyester value chain, the refining industry, and 1,4-Butanediol plus its derivatives. 
By combining its technologies, knowledge, and skills with those of other KES firms, KTS can offer comprehensive solutions to maximise capital expenditures and current production assets.
Koch Engineered Solutions (KES) on other hand claims to deliver superior value in developing, integrating and applying innovative technology and service solutions for industrial value chains. It offers engineered solutions in construction; mass and heat transfer; combustion and emissions controls; filtration; separation; materials applications; automation and actuation. KES is a subsidiary of Koch Industries.
20sepAll Day21TechEx Europe 2022
TechEx Europe is a two-day technology expo and conference that returns to Amsterdam on 20-21 September for two days of enterprise technology insights. 

TechEx Europe is a two-day technology expo and conference that returns to Amsterdam on 20-21 September for two days of enterprise technology insights.  You can catch up on the next generation of advances in technology & innovation from six co-located events and covers all the latest AI, IoT, cybersecurity, blockchain, digital transformation, cloud, and edge computing advancements.

The free-to-attend exhibition & conference facilitates thousands of cross-industry professionals who will descend on Europe’s premier enterprise technology conference later this month, with over 200 speakers from leading companies who will take the stage to share their invaluable knowledge with attendees. Visitors will also have the opportunity to network and get to grips with all the latest solutions from hundreds of exhibitors on the show floor.

september 20 (Tuesday) – 21 (Wednesday)
TechExThe TechEx Event portfolio is an international conference and expo world series showcasing cutting-edge tech innovation in enterprise. Featuring real-life use cases and in-depth industry insights, the Event series delves into the AI, Big Data, Blockchain, Cyber Security, 5G, IoT and Edge Computing ecosystems. Running for over six years, our co-located events strengths lie within our expert community. We bring the heroes responsible for pushing game changing tech and strategy together, to craft relationships and creative solutions. We are the place where networking never stops – The one-stop-shop for enterprise innovators.
23sepAll DayScaleNL Accelerator Applications Closing DateJoin ScaleNL Accelerator East Coast Edition
Want to get a head start in your US expansion? Join ScaleNL Accelerator East Coast Edition; the 10-week US market entry program!Based on years

Want to get a head start in your US expansion? Join ScaleNL Accelerator East Coast Edition; the 10-week US market entry program!

Based on years of experience working with Dutch founders in the US, ScaleNL Accelerator helps Dutch tech pioneers enter the US market competitively from day 1.

We think this would be a great fit for you and are encouraging you to apply today!

Tech businesses working on innovative, scalable and sustainable solutions that have an established business in The Netherlands and have US expansion on their strategic roadmap for the next 12-24 months.

For more information on the selection process and what to expect from the program, visit the FAQ page, or contact them via email.

All Day (Friday)
No Events
Want to know how HRs across Europe are rethinking retention and performance management post pandemic? Get this FREE whitepaper by PERSONIO now!

slug: ‘silicon-canal-jobs’,
container: ‘sidebar’,
location: ‘jobs’,
count: 2,
type: ‘multiple’,
content: ‘jobs’
Silicon Canals 2014-2022 | Website: Bright Idiots
Silicon Canals 2014-2022 | Website: Bright Idiots
To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.


Leave a Reply

Your email address will not be published.