OMV Chief Executive Warns Davos Panel That Strict Plastics Rules Could Stifle Emerging Technologies

Alfred Stern told the World Economic Forum that recycling needs financial support to compete with petrochemicals while warning against overly rigid regulations.

Insights:
alfred stern, the Chief Executive of the Austrian ATATenergy group OMV AG , spoke at the World Economic Forum in Davos, Switzerland CHCH, on January 22, 2026. He warned that overly stringent regulatory rules for building a plastics circular economy risk stifling emerging technologies before they achieve commercial viability. alfred sternstated the sector faces an innovators dilemma because new recycling processes must compete with petrochemical supply chains that have been refined over decades.
OMV CEO Alfred Stern briefs journalists in Vienna, Austria, September 22, 2025. REUTERS/Lisa Leutner
OMV CEO Alfred Stern briefs journalists in Vienna, Austria, September 22, 2025. REUTERS/Lisa Leutner
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