Homburg town council votes unanimously in favour of new Pyrum plant

  • City council unanimously approves sale of city-​owned property to Pyrum
  • In Homburg, Pyrum is planning its second own plant in Saarland after the main plant in Dillingen
  • The plant will consist of three pyrolysis reactors with a total capacity of around 20,000 tonnes of used tyres per year

Dillingen /​Saar and Homburg, 16 February 2023 – Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8), a pioneering company that sustainably recycles used tyres with its globally patented, unique pyrolysis technology, announces that the city council of Homburg has unanimously voted in favour of the sale of a city-​owned plot of land to Pyrum and thus for the construction of a new pyrolysis plant. The contract to secure the land is to be signed shortly so that the planning and authorisation process for Pyrum’s second own plant in Saarland can begin as soon as possible.

Pascal Klein, CEO of Pyrum Innovations AG: “There were just two months between our first contact with Mayor Michael Forster in December 2022, which was established by the Saar Economic Development Corporation, the presentation to the parliamentary group chairmen in January and the cross-​party, unanimous approval of the city council. This speed is unprecedented and we would like to thank those responsible in the city of Homburg for their great support. We now want to start planning as quickly as possible and are confident that the approval process will run just as smoothly as the expansion in Dillingen, as we are working with the same authorities.”

Michael Forster, Mayor of the city of Homburg, is also enthusiastic: “The establishment of Pyrum is also a great gain for the city of Homburg and a logical addition to our business location. With Pyrum’s future-​oriented technology, we are building a bridge to a circular economy that ideally enriches our traditional automotive location with used tyre recycling. In addition, experience with the plant in Dillingen shows that the citizens of Homburg do not have to expect any noise or pollution.”

Like the main Pyrum plant in Dillingen, the new plant in Homburg will also consist of three pyrolysis reactors, which will have a processing capacity of around 20,000 tonnes of used tyres per year once completed. The location offers numerous valuable advantages: In addition to its proximity to the Michelin plant in Homburg – from which Pyrum has already been recycling used tyres for three years and with which the collaboration can now be expanded – and to BASF in Ludwigshafen – a strategic partner since autumn 2020 and customer of Pyrum’s pyrolysis oil – the site has a rail connection that enables environmentally friendly logistics. In addition, the new building will free up capacity at the Dillingen plant, which can be used for tyre acceptance from Luxembourg without having to build a separate plant in the neighbouring country.

District and university town of Homburg
Michael Klein
Head of Communications and Public Relations
At Forum 5
66424 Homburg
Phone: +49 68 41 101–222
Mobile: +49 172 6828 049
E‑mail: Michael.Klein(at)homburg.de
https://​www​.homburg​.de

Contact us

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

Pyrum Innovations AG
Dieselstrasse 8
66763 Dillingen
E‑mail: presse(at)pyrum.net
https://​www​.pyrum​.net
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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.