The Eindhoven company Ioniqa has completed a financing round of €12 million, with The Coca-Cola Company as one of its investors. With this money, a factory can be built on the Brightlands Chemelot Campus for the upcycling of 10 kilotons of PET plastic. The money will come from the Dutch Ministry of Economic Affairs and Climate, the National Green Fund, The Coca-Cola Company and shareholders of Ioniqa.

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Author profile picture Frans van Beveren leads IO on a daily basis. He is fascinated by everything related to technical progress, innovation, sustainability, and industrial design.