matterr Secures €30M for German Polyester Recycling Plant
matterr, a specialist in polyester recovery, has secured a significant funding boost for its ambitious recycling project. The company received a 30 million euro decision from Minister Mona Neubaur through the EFRE/JTF program NRW 2021-2027. This will support the construction of a small industrial plant in North Rhine-Westphalia, with production set to start in 2027 and an annual capacity of 10,000 tons of recycled material.
matterr chose Germany for its plant to maintain strategic independence with a key technology for the circular transformation of textile and packaging markets worldwide. The company's innovative technology uses depolymerization to break down polyester into its original primary materials, replacing fossil raw materials in production.
Besides the state, additional investors are financing the matterr industry project. Banca Etica has committed 2.5 million euros, while other private investors are expected to join. The total investment volume of the plant is around 63 million euros, with state funding supplemented by other means. As of summer 2025, about 60 percent of the business plan is financed by pre-contracts with future customers.
CEO Melanie Hackler sees the funding decision as a crucial milestone for matterr. It enables economic, scalable, and high-quality recycled polyester production. The process allows for the recycling of textile blends and multilayer packaging that are typically landfilled or incinerated, promoting closed material cycles.
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