(petro)chemical chemistry faces a major challenge when it comes to the transition to a green chemical sector that has fully embraced the circular use of raw materials. Unfortunately, this transition to a green sector seems in many cases still far away when it comes to even the most common plastic materials such as PET. Much material still ends up in landfill or in an AVI to this day. In this project, SME party and applicant Ioniqa aims to take a big step towards the fully circular design of PET as a material. In its current plant in Geleen, Ioniqa has been working for several years on its innovation process for the chemical recycling of PET. Today, they are close to the breakthrough to achieve a continuous process that can still process PET in a commercially viable, difficult-to-recycle manner. With their magnetic smart process, they break down PET into the monomer BHET, a molecule that has been shown to be directly applicable to the PET-resin production processes of large parties such as Indorama. In addition, it has been shown that Ioniqa's process works on PET waste streams that have been contaminated with other materials or are provided with dyes. It is therefore the first recycling process that can actually result in PET material that is equal to virgin quality. This makes it one of the few recyclates that can be used for food packaging, for example. In this project, two steps are taken to make the necessary leap to full commercialization: 1. Development focused on and the implementation of new technologies in the plant in Geleen. As a result, an annual production capacity of 5 ktonnes per year (ktpa) can ultimately be realized. 2. The further development of the process so that it becomes scalable, and therefore applicable, within an industrial environment. This is the final crucial step towards large-scale market adoption. The results of the project are therefore; - An annual PET processing capacity of 5 ktpa in the plant in Geleen. - Demonstrating (validating) the suitability of the process for technically challenging waste streams (post-consumer waste and PET trays) - Concept ready for scaling up to 50 ktpa. - Providing 2 work-based apprenticeships for talented side entrants as an operator that can be held in the longer term. - The planned activities result (with successful implementation) directly in an annual CO2 emission reduction of an additional 5,000 tonnes per year. Any further roll-out of the concept at 50 ktpa significantly increases this impact. The project contributes to the objectives of the JTF scheme for the South Limburg region. The project makes a direct and indirect contribution to achieving a circular economy and green chemistry sector and also contributes to maintaining and creating jobs in the region. Because the activities take place almost entirely in the South Limburg region, the results of this project fully benefit this region.