Ioniqa is a clean-tech spinoff from the Eindhoven University of Technology (the Netherlands), specialized in creating value out of plastic waste by using its proprietary circular technology. With a cost- effective process, Ioniqa is able to close the loop for plastics, starting with PET plastics. This multiple award-winning innovation transforms all types and colors of PET waste into valuable resources for ‘virgin-quality’ new PET. Upcycling processes for other types of plastics are being researched and expected to be launched in the near future.