Pyrum Innovations AG pushes ahead with expansion of production capacity

  • New subsi­diary “Pyrum Green­Fac­tory II GmbH” estab­lished to operate second Pyrum plant in Saarland
  • Final prepa­ra­tions for first long-term opera­tion of new recy­cling line in Dillingen started

Dillingen /​Saar, 18 January 2024 – Pyrum Inno­va­tions AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8), a pionee­ring company that sustain­ably recy­cles used tyres with its globally patented, unique pyro­lysis tech­no­logy, is conti­nuing its growth course. At the begin­ning of January, the wholly owned subsi­diary “Pyrum Green­Fac­tory II GmbH” was founded to operate the second Pyrum plant in Saar­land. A new pyro­lysis plant modelled on the plant in Dillingen/​Saar with a capa­city of 20,000 tonnes of used tyres per year is to be built in Perl-Besch on the Moselle by the end of 2025. This will double Pyrum’s current recy­cling capa­city. Plant compon­ents with noto­riously long deli­very times will be ordered in the first quarter of 2024.

Mean­while, final prepa­ra­tions are underway at the main plant in Dillingen/​Saar for the first long-term opera­tion of the new recy­cling line TAD 2, which is sche­duled to start today after the reactor was heated up to opera­ting tempe­ra­ture yesterday as part of the final tests. The line will then run for up to three-weeks conti­nuously under real condi­tions and with indus­trial quan­ti­ties. Follo­wing the successful test, Pyrum intends to switch directly into perma­nent opera­tion of the line with ongoing perfor­mance opti­mi­sa­tions. The TAD 3 line is also expected to enter the final phase of the warm ramp-up by the end of March 2024.

Pascal Klein, CEO of Pyrum Inno­va­tions AG: “While we are fina­li­sing the last work for the plant expan­sion in Dillingen, we are also starting the next chapter in Perl-Besch full of energy thanks to the finan­cing agree­ment recently reached with BASF. The second Pyrum-owned plant is to be built there by the end of 2025. We are also in the process of plan­ning further joint plants with our part­ners across Europe. These deve­lo­p­ments are not only proof of the success of our unique tech­no­logy, but also of our willing­ness to conti­nuously invest in the future of sustainable resource recovery.”

Pyrum Innovations AG

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

With its patented pyro­lysis tech­no­logy, Pyrum Inno­va­tions AG is active in the attrac­tive recy­cling market for used tyres and various plas­tics. Pyrum’s pyro­lysis 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 pyro­lysis 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 waste tyre recy­cling sector to receive REACH regis­tra­tion from the Euro­pean Chemi­cals Agency (ECHA) for the pyro­lysis 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 pyro­lysis 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.