The total investment is worth more than EUR 170 million and will create more than 120 new jobs.

Peter Hauk, Minister for Food, Rural Affairs and Consumer Protection baden-Württemberg, welcomed the start of construction, saying: “The establishment of the most modern and largest post-sorting plant for packaging waste in all of Europe in Valdurno strengthens the site and at the same time is a strong commitment to confirm Baden-Württemberg as a business and innovative center. The factory is an important building block on the road to a circular economy that saves resources, reduces dependence on raw materials and protects our climate while ensuring job creation and value in rural areas.”

Axel Schweitzer, CEO and owner of Interzero, added: “This project marks the beginning of a new era in the field of plastic recycling. Together with our strong partner, OMV, we use our innovative recycling process to the plastic that is currently being burned to a second life through chemical recycling. I am convinced that with the help of chemical recycling, the recycling rate in Germany can and will increase significantly in the future. With this, we will take another big step closer to our vision of a waste-free world. Many thanks to the teams on both sides who made this possible, as well as the support here in the city, county and state – already well established with our existing facility. With the new facility, we are jointly developing Valdurn and the District of Nekar-Odenwald into a leading recycling industry location in Europe.”

Daniela Vlad, Member of the Executive Board of OMV AG and Executive Vice President chemicals and materials: “I would like to thank our partner in interzero joint venture, our technical project partners and especially dedicated supporters here on site who are working with us on this is happening in a future-oriented project. The new sorter is there, an extension of The ReOil® technology developed and patented by OMV and the associated extension of our ReOil® capabilities are further milestones in omv transformation.”

OMV and Interzero establish joint venture to build and operate Europe’s largest sorting facility for chemical recycling