Pyrum shares are an attractive investment for shareholders and investors who are looking for secure value growth with sustainable future technology.
Pyrum Innovations AG solves global environmental problems with a revolutionary, scalable technology. The rubber from used tyres is converted into high-quality secondary raw materials such as oil, coke or recovered carbon black and gas using the unique, patented thermolysis process.
The Pyrum Innovations Group develops and builds recycling plants for rubber and various plastics. The Pyrum thermolysis plant in Dillingen has been operating on an industrial scale since May 2020, with an annual throughput of 5,000 tonnes of rubber per year. The quality of the Pyrum oil has proven itself with more than 700 tonnes delivered.
Industrial partnerships with the listed chemicals group BASF (which holds a 7.9 percent stake in Pyrum and is a long-term purchaser of the oil) and with tyre manufacturers Michelin and Continental are proof of the functioning technology and secure the basis for rapid growth.
Pyrum Innovations AG relies on a business model with two pillars: Recurring income from its own operations and income from the sale of plants to other operators. Turnkey systems are offered worldwide in coöperation with 20 partners.
The stock market listing has created the basis for a rapid expansion of Pyrum’s business in the coming years. Our goal is to build more than 17 new plants by 2030 with a highly qualified team. Currently, 14 plants are already in the negotiation, approval or planning phase.