Pyrum Innovations AG publishes results for the first quarter of 2023

Dillingen /​Saar, 15 June 2023 – Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8), a pioneering company that sustainably recycles used tyres with its globally patented, unique pyrolysis technology, today published its consolidated interim report for the period from 1 January to 31 March 2023. In the first three months of 2023, both sales of EUR 218 thousand (Q1 2022: EUR 222 thousand) and the result for the period of EUR ‑2,236 thousand (Q1 2022: EUR ‑2,218 thousand) were on a par with the previous year.

After the pelletising plant was transferred to series production in the first quarter of 2023 and all the necessary certifications were successfully completed for three customers, series deliveries of high-​quality recovered carbon black (rCB) began in May 2023.

The consolidated interim report of Pyrum Innovations AG for the period from 1 January to 31 March 2023 is available on the company’s website at https://​www​.pyrum​.net/​e​n​/​i​n​v​e​s​t​o​r​s​/​f​i​n​a​n​c​i​a​l​-​p​u​b​l​i​c​a​t​i​o​ns/ available.

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 has revolutionised the recycling market for used tyres. Since 2008, the company has been developing an innovative thermolysis technology that makes it possible to recycle used tyres and plastics with virtually zero emissions. The process enables the recovery of high-​quality products such as thermolysis oil and rCB (recovered carbon black), which are used by renowned partners such as BASF, Continental and Schwalbe to manufacture new products. In this way, the company closes the material cycle and pursues a 100 % sustainable business model. The first purpose-​built plant at the headquarters in Dillingen/​Saar has been in continuous operation since 2020, and two further plants were added as part of the site expansion in 2024. Thanks to prestigious certificates such as REACH and ISCC Plus, the products are recognised as high-​quality, sustainable and renewable.