Pyrum Innovations AG continues international expansion — Construction of the fifth Pyrum pyrolysis plant planned in the Czech Republic

  • Engi­nee­ring and consul­ting contract signed with local partner
  • New plant in the Czech Repu­blic to have a capa­city of 20,000 tonnes of used tyres per year
  • New Pyrum plant to be inte­grated into the partner’s exis­ting plant

Dillingen /​Saar, 10 October 2023 — Pyrum Inno­va­tions AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8) is plan­ning the cons­truc­tion of a Pyrum pyro­lysis plant in the Czech Repu­blic toge­ther with a Czech energy group. A corre­spon­ding consul­ting agree­ment has been signed with a subsi­diary of the group of compa­nies to prepare the permit for the cons­truc­tion of the tyre recy­cling plant and to submit the buil­ding appli­ca­tion. The new plant with a capa­city of 20,000 tonnes of used tyres per year is being built in the Czech border region with Germany and is sche­duled to go into opera­tion in 2025. The Czech partner, which is active in the field of energy and recy­cling manage­ment, already operates a power plant on the site and ther­e­fore has a gas turbine that will also gene­rate elec­tri­city from the pyro­lysis gas in future. This means that syner­gies and exis­ting struc­tures can be utilised in the plan­ning and imple­men­ta­tion of the new plant.

Pascal Klein, CEO of Pyrum Inno­va­tions AG: “We are looking forward to this pionee­ring project. Using the exis­ting infra­struc­ture to operate the new tyre recy­cling faci­lity is an approach that fits perfectly with Pyrum’s commit­ment to sustaina­bi­lity. The plans also under­line the ongoing inter­na­tio­na­li­sa­tion of our company. Toge­ther with our partner, we will contri­bute to the circular economy and provide a sustainable solu­tion for used tyre recy­cling in the Czech Republic.”

A joint venture (special purpose vehicle, SPV) is to be estab­lished for the cons­truc­tion and opera­tion of the new plant, in which Pyrum will parti­ci­pate with an expected 30 %. As part of the consul­ting agree­ment, Pyrum will carry out the basic engi­nee­ring and prepare parts of the autho­ri­sa­tion docu­ments for the new plant. The site also offers suffi­cient space for future capa­city expan­sions. The size of the plant is ther­e­fore already being desi­gned in such a way that recy­cling capa­ci­ties can be doubled in 2027. In addi­tion to Pyrum’s main plant in Dillingen/​Saar, the REVALIT GmbH joint venture and the previously announced plans for the cons­truc­tion of pyro­lysis plants toge­ther with SUEZ recy­cling and reco­very UK Ltd in the UK and Thermo Lysi SA in Greece, the plans in the Czech Repu­blic now repre­sent the fifth concrete project for the cons­truc­tion of a pyro­lysis plant.

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.