COCA-COLA
US drinks giant extends deal with Ioniqa / Dutch firm set to launch factory producing high-quality food-grade rPET
Coca-Cola (Atlanta, Georgia / USA; www.coca-colacompany.com) has extended an agreement to support the development of Dutch specialist plastics firm Ioniqa’s (Eindhoven / The Netherlands; www.ioniqa.com) technology to produce high-grade, recycled PET content from hard-to-recycle PET waste.

Ioniqa has developed a proprietary recycling method that can convert PET-containing waste such as coloured bottles into purified polymer building blocks that can be later re-formed into high-quality PET. The company is currently building its first PET upcycling factory in the Netherlands at Brightlands Chemelot Campus in Geleen. In summer 2019, it expects to be able to begin converting PET waste at the facility into pure rPET raw material for new food packaging, with an annual output goal of 10,000 t.

The Coca-Cola deal, financial terms of which were not revealed, is the latest move for Ioniqa. In April 2018, the company teamed up with Unilever (Rotterdam / The Netherlands; www.unilever.com) and PET manufacturing giant Indorama (Bangkok / Thailand; www.indorama.com) to develop a technology that converts PET waste into food-grade material – see Plasteurope.com of 12.04.2018.

Coca-Cola’s chief innovation officer Robert Long said, “Our investment in new and pioneering recycling technologies is an opportunity for significant movement toward closing the loop and creating a circular economy for PET,” while Ioniqa CEO Tonnis Houghoudt said PET waste formed the basis of his company’s raw material. “With Ioniqa’s process PET products, made from PET waste, are identical to those made from oil, with the same quality, food safety and competitive prices.”

The US drinks giant recently entered into a multi-year supply agreement with Canadian recycling technology start-up Loop Industries (Terrebonne, Québec; www.loopindustries.com). The company also announced initiatives to boost the use of recycled polymers – see Plasteurope.com of 06.12.2018.
03.01.2019 Plasteurope.com [241439-0]
Published on 03.01.2019
Coca-Cola: RE PET für Getränkeflaschen gemeinsam mit IoniqaGerman version of this article...

© 2001-2020 Plasteurope.com  |  Imprint  |  Privacy

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2020 by Plasteurope.com, Bad Homburg
Date of print: 14.08.2020 19:47:23   (Ref: 862741828)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp