Pyrum Innovations AG: Important milestones in rollout plan achieved
o Approval documents for BImSchG approval and early start of construction for
GreenFactory II GmbH submitted
o Operating hours reach new threshold
o Production intervals of the new production lines extended
Dillingen / Saar, 17 December 2024 - Pyrum Innovations AG ("Pyrum", the
"company", ISIN: DE000A2G8ZX8) submitted the BImSchG
("Bundes-Immissionsschutzgesetz") approval and approval documents for the early
start of construction of Pyrum's new plant "Green Factory II GmbH" at the new
site in Perl-Besch last week. Previously, there were slight delays due to
technical optimisations at the existing site in Dillingen/Saar and the
associated need for more extensive expert opinions. After the last technical
information was received, the application for the construction of the second
Pyrum plant was submitted on time. The ground-breaking ceremony at the new
location is scheduled for spring 2025.
Meanwhile, another important milestone in the rollout plan has been reached at
the Dillingen/Saar site. With almost 2,000 operating hours at TAD 2 and over
1,000 operating hours at TAD 3, further necessary basic requirements with regard
to the final investment decisions of the partners, such as Remondis, have been
met. Furthermore, the production intervals of the two new lines (TAD 2 and TAD
3) have been extended from the original four weeks to four and a half weeks.
These adjustments will lead to a significant increase in the efficiency of the
production processes and an increase in production output in the future.
Pascal Klein, CEO of Pyrum Innovations AG: "Shortly before the turn of the year,
we have made significant progress in our rollout plan. With the submission of
the building permit for Pyrum GreenFactory II GmbH, we have overcome the last
major obstacle before the groundbreaking ceremony in spring 2025 in Perl-Besch.
In addition, the two new lines have reached a new threshold. The high number of
operating hours not only meets the assumed requirements of our partners, but
also continues to demonstrate the performance of our technology. We are very
proud of this new milestone and are already looking forward to the development
of upcoming customer projects."
About Pyrum Innovations AG
Pyrum Innovations AG is active in the attractive recycling market for
end-of-life tyres and various plastics with its patented thermolysis technology.
Pyrum's thermolysis process is largely energy self-sufficient and, according to
the Fraunhofer Institute, saves significantly more CO2 emissions than today's
standard recycling processes for end-of-life tyres - especially compared to
incineration in cement plants - and produces new raw materials such as
thermolysis oil, gas and recovered carbon black from the waste used as input
materials. In this way, Pyrum closes the recyclable material loop and pursues a
completely sustainable business model. As a pioneer, Pyrum Innovations AG was
the first company in the end-of-life tyre recycling sector to receive REACH
registration from the European Chemicals Agency (ECHA) for the thermolysis oil
it produces. 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 thermolysis oil and the recovered carbon black. Both
products are thus considered sustainable and renewable raw materials. In
addition, Pyrum has received ISO 14001 certification for its environmental
management system and ISO 9001 certification for its quality management system.
These achievements have also been recognised by international experts in the
tyre industry. For example, Pyrum won the Best Tyre Recycling Innovation
category at the inaugural Recircle Awards and has been a finalist in the Grand
Prix of German SMEs (Großer Preis des Mittelstandes) three times in a row.
https://www.pyrum.net/en/
Contact
IR.on AG
Frederic Hilke
Phone: +49 221 9140 970
E-mail: pyrum@ir-on.com
Pyrum Innovations AG
Dieselstraße 8
66763 Dillingen / Saar
E-mail: presse@pyrum.net