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Omv Ceo Warns Against Too Strict Recycling Rules

Summary by Kronen Zeitung
OMV CEO Alfred Stern warns against too strict regulations in the construction of a circular economy for plastic. These could stifle the development of the relatively young processes before they are even competitive, says Stern. At the moment, it is simply cheaper to produce, use and discard plastic than to recycle it. Therefore, financial incentives are necessary to close this cycle and make investments in collecting systems worthwhile, explaine…

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OMV CEO Alfred Stern warns against too strict regulations in the construction of a circular economy for plastic. These could stifle the development of the relatively young processes before they are even competitive, says Stern. At the moment, it is simply cheaper to produce, use and discard plastic than to recycle it. Therefore, financial incentives are necessary to close this cycle and make investments in collecting systems worthwhile, explaine…

·Vienna, Austria
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BizToc broke the news in on Thursday, January 22, 2026.
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