10 NEWS PETplanet Insider Vol. 23 No. 10/22 www.petpla.net Koch Technology Solutions and Ioniqa Technologies partner to scale up recycling technology Koch Technology Solutions (KTS), a Koch Engineered Solutions company, and Ioniqa Technologies B.V. (Ioniqa) announced a partnership to scale up and commercialise Ioniqa’s PET recycle technology in the plastics industry. As part of this collaboration, KTS has committed to invest up to €30M in Ioniqa. Ioniqa has developed a process that utilises low-grade post-consumer PET to 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. KTS and Ioniqa’s partnership will work to address the growing demand for recycled content in the 30 million metric tonnes per annum PET market. Ioniqa’s technology offers a solution to PET waste that is currently non-recyclable, turning the waste into materials suitable for high quality food grade applications such as beverage bottles. KTS and Ioniqa consider the technology as a disruptor in the PET industry providing a sustainable economic recycle proposition to conventional manufacturing routes. The partnership will drive a circular process that addresses environmental impacts of the current PET industry. Tonnis Hooghoudt, CEO and Founder of Ioniqa said “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.”. www.ioniqa.com www.kochtechsolutions.com Acquisition of Herbold Meckesheim completed The acquisition of the engineering company Herbold Meckesheim, has formally been completed. Herbold Meckesheim will be integrated with Coperion’s recycling product lines into its new recycling business unit that plans to offer complete solutions for plastics recycling processing. Coperion intends to combine its strengths as an international industrial and technological leader with Herbold Meckesheim, a specialist in mechanical recycling of plastics and plastic waste, and to form a united business approach together. Herbold Meckesheim will continue to operate at its existing location and retain its name. Both companies will combine their capabilities in the field of recycling and integrate to build modular systems and plant solutions that cover a broad sector of the circular economy, as well as large sections of the globe with their combined sales and service network. The recycling business unit plans to offer complete solutions leveraging both Coperion and Herbold Meckesheim’s complementary technologies. From mechanical processing — shredding, washing, separating, drying, and agglomerating of plastics — to bulk material handling, feeding and extrusion, as well as compounding and pelletising, this business unit encompasses the complete process chain. With their combined global service network that supports installations and start-ups, competent and rapid service is also available on site, states the company. Additionally, state-of-the-art test centres for product development as well as customer trials are available to customers. Before interested parties make significant investments, they can undertake in-depth testing of every process step in the test labs. The recycling business unit plans to offer complete plants and systems for recycling PET, polyolefins, film, or rigid plastic. From mechanical processing to solvent-based and chemical recycling to complete solutions for highly automated to modular recycling lines. Engineering and service during the equipment’s entire operating life is also available. www.coperion.com www.herbold.com Werner Herbold, CEO, Herbold Meckesheim GmbH (left) and Markus Parzer, President, Polymer Division, Coperion (photo: Coperion GmbH, Stuttgart)
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