Pyrum Innovations AG nominated for renowned “Rising Star” award

  • Pyrum as the only German company among the nomi­nees in the “Rising Star” category
  • Award reco­g­nises the inno­va­tive strength of small and medium-sized compa­nies that were publicly listed between 2021 and 2022

Dillingen /​Saar, 20 July 2023 — Pyrum Inno­va­tions AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8), a pioneer in the sustainable recy­cling of end-of-life tyres (ELTs) based on its patented pyro­lysis tech­no­logy, has been nomi­nated for the “Rising Star” award. This is part of the Euro­pean Small and Mid-Cap Awards and is a joint initia­tive of the Fede­ra­tion of Euro­pean Secu­ri­ties Exch­anges (FESE), the Euro­pean Commis­sion and Euro­pea­nIs­suers. This year, Pyrum is the only German company among the nomi­nees in this cate­gory. With this award, FESE reco­g­nises the resi­li­ence and inno­va­tive strength of small and medium-sized compa­nies across the Euro­pean Union and their contri­bu­tion to economic growth.

Pascal Klein, CEO of Pyrum Inno­va­tions AG: “Being nomi­nated as a ‘Rising Star’ by FESE is an extra­or­di­nary honour for us. We are pleased to be the only German company among the nomi­nees and see this as a reco­gni­tion of our efforts in the field of end-of-life tyre recy­cling. This nomi­na­tion is an important incen­tive to continue to deliver excel­lence and drive the circular economy forward”.

The Euro­pean Small and Mid-Cap Awards will take place this year in Bilbao, Spain, as part of the Euro­pean Commission’s annual SME Assembly in mid-November 2023. Orga­nised by FESE, an asso­cia­tion of 35 Euro­pean stock exch­anges, the award aims to raise aware­ness of the bene­fits of equity finan­cing and encou­rage smaller compa­nies to consider this finan­cing option. In addi­tion to Pyrum, eight other Euro­pean compa­nies are in the running for the pres­ti­gious “Rising Star” award.

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.