English (UK) 
Deutsch (Sie) Dillingen /Saar, 30 July 2024 – Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8) and Continental today signed a framework agreement for the long-term purchase of Pyrum’s recovered Carbon Black (rCB). The agreement covers the rCB purchase quantities for at least two Pyrum plants, with a term of ten years. Continental will also supply Pyrum with end-of-life tyres. In addition, Continental has agreed to make an advance payment for future rCB deliveries.
Jorge Almeida, Head of Sustainability Continental Tires: “Recycled raw materials are becoming increasingly important in our tire production. To further increase the circularity of our products, we need to think differently. We need to move from an “end-of-life” to an “end-of-use” tire concept. This means that the end of a tire’s intended use phase must become the beginning of a new opportunity. Together with Pyrum, we are developing highly efficient processes to recycle as many components and materials as possible from an end-of-use tire back into our production cycle.”
Jorge Almeida, Head of Sustainability at Continental’s tyre division: “Recycled raw materials are becoming increasingly important in our tyre production. For us, the end of a tyre’s service life is just the end of its current use phase. Our aim is to continue to use products, components and materials sensibly after the first utilisation phase. We can only increase the recyclability of our products if we rethink. The end of a tyre’s service life must become the beginning of a new opportunity. Together with Pyrum, we are developing highly efficient processes to return as many components and materials as possible from a used tyre back into our production cycle.”
The new Pyrum plant is to be built in Perl-Besch on the Moselle by the end of 2025 and will double Pyrum’s recycling capacity from 20,000 tonnes to 40,000 tonnes of end-of-life tyres. The final application documents for the early start of construction are currently being prepared and are expected to be finalised and submitted by the beginning of August 2024. Once the application documents have been approved, the ground-breaking ceremony will take place at the new site in Perl-Besch. Construction is currently scheduled to start at the beginning of October 2024.
