CEO Pascal Klein is among the ‘Top 40 under 40’

Dillingen /​Saar, 18 November 2022 – Pascal Klein, co-​founder and CEO of Pyrum Innovations AG, has been named a winner of the “Top 40 under 40” award by business magazine Capital. Once a year, the Capital editorial team selects 40 of the most important talents under the age of 40 from the fields of business, science, politics and society under this motto. During the selection process, the editorial team interviews politicians, top civil servants, managers, entrepreneurs, consultants and past award winners. This year, the award winners were once again honoured at the Top 40 Under 40 Gala in Berlin, which took place on 17 November 2022 for the 15th time since 2007. Over the years, the annual events have created a network that brings together top performers from various disciplines to discuss important topics for the future at the awards ceremony.

Pascal Klein, CEO of Pyrum Innovations AG: ‘I was really very surprised when I heard about the award and, of course, I feel highly honoured. Our journey at Pyrum is far from over, and we want to continue contributing to the establishment of a circular economy in Germany and beyond. I would also like to take this opportunity to thank all my colleagues who made possible the incredible development we have enjoyed at Pyrum over the last few years!’

Pascal Klein founded Pyrum in 2008 together with his Management Board colleague Michael Kapf. Since the change of legal form to a public limited company in 2018, he has headed the company’s Management Board as CEO and, in this role, played a key role in enhancing and refining Pyrum’s technology to the point that the pyrolysis process is now capable of operating on an industrial scale. This laid the foundation for Pyrum’s large-​scale rollout, which has been in progress on a step-​by-​step basis for around two years. To finance the expansion, Mr Klein, together with his colleagues on the Management Board, was responsible for the successful IPO on the Oslo Stock Exchange in September 2021 and the secondary listing on the Frankfurt Stock Exchange in March 2022. Mr Klein will also be a guest at the German Equity Forum in Frankfurt on 30 November 2022 and will present Pyrum Innovations AG to investors at 9:30 a.m.

Contact us

IR.on AG
Frederic Hilke
Tel: +49 221 9140 970
E‑mail: pyrum(at)

Pyrum Innovations AG
Dieselstrasse 8
66763 Dillingen
E‑mail: presse(at)

About Pyrum Innovations AG

Pyrum Innovations AG is active in the attractive recycling market for used tyres and various plastics with its patented thermolysis technology. Pyrum’s thermolysis process is largely energy self-​sufficient and, according to the Fraunhofer Institute, saves significantly more CO2 emissions than today’s standard recycling processes for used tyres – especially compared to incineration in cement plants – and produces new raw materials such as thermolysis oil, gas and recycled carbon black (rCB) from the waste used as input materials. In this way, Pyrum closes the material cycle and pursues a 100% sustainable business model. As a pioneer, Pyrum Innovations AG was the first company in the field of used tyre recycling to receive REACH registration from the European Chemicals Agency (ECHA) for the thermolysis oil it produces back in 2018. This means that the oil is recognised as an official raw material that can be used in production processes. In addition, Pyrum has received ISCC PLUS certification for the thermolysis oil and the rCB. Both products are therefore recognised as sustainable and renewable raw materials. Pyrum has also received ISO 14001 certification for its environmental management system and ISO 9001 certification for its quality management system. These successes have also been recognised by international experts in the tyre industry. For example, Pyrum was honoured at the first Recircle Awards in the category Best Tyre Recycling Innovation and has been a finalist for the German SME award three times in a row.