Dutch Cabinet appoints TU/e spin-off Ioniqa as National Icon

September 24, 2019

The prize is intended for Dutch innovations that both solve global problems and contribute to the Dutch economy. In addition to Ioniqa, the TU/e spin-off that devised a way to endlessly recycle plastic, the Cabinet also appointed Inreda Diabetic (artificial pancreas) and Hiber (satellite network HiberBand) as National Icons.

The three winners were announced by State Secretary Mona Keijzer of Economic Affairs and Climate Policy in the TV program De Wereld Draait Door. Keijzer: “Inreda Diabetic, Ioniqa and Hiber are Dutch solutions to global challenges in the areas of healthcare, material reuse and digitization. These new National Icons are calling cards of our innovative strength. They are inventions of entrepreneurs with great economic potential. They give face to the slogan global challenges, Dutch solutions. We can expect a lot from them and the government will support them in this. ”

3 year Cabinet support
The Cabinet will help the three National Icons in the coming three years to realize their ambitions. Ioniqa, for example, will receive State Secretary Stientje van Veldhoven as ambassador. This provides access to a large network at home and abroad, helps in finding financing and new partners and provides support from the government.

Ioniqa - PET Upcycling (Eindhoven)
Ioniqa Technologies is a spin-off from the Eindhoven University of Technology. The company specializes in creating value from PET waste and uses its own circular technology. This technology can infinitely cycle up to 25 percent of global plastic production. This is also done in an energy-efficient way, with a CO2 footprint that is 75 percent lower than with PET from oil. The process is not dependent on the highly fluctuating oil prices; prices are therefore relatively low and stable. Ioniqa cooperates with PET producers Indorama, Coca Cola and Unilever. In 2025, Unilever only wants to use reusable plastic packaging. The product offers the Netherlands the opportunity to develop a broader leadership position in PET recycling. There are also opportunities to improve the (European) plastic waste separation process. For example via a hub in the port of Rotterdam with the Netherlands as a circular transit country. The technology can be expanded to textile recycling.