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Pyrum Innovations AG
ISIN: DE000A2G8ZX8
WKN: A2G8ZX
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Pyrum Innovations AG · ISIN: DE000A2G8ZX8 · EQS - Company News (122 News)
Country: Germany · Primary market: Germany · EQS NID: 1846571
28 February 2024 08:00AM

Initial work has begun at the new Pyrum site in Perl-Besch


EQS-News: Pyrum Innovations AG / Key word(s): Miscellaneous
Initial work has begun at the new Pyrum site in Perl-Besch

28.02.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Initial work has begun at the new Pyrum site in Perl-Besch

  • Approval for the "clear-cutting" was granted at the end of last week: Clearing work has started as planned
  • Site is being prepared for the construction area of the Pyrum plant and the new shredder

Dillingen / Saar, 28 February 2024 – Pyrum Innovations AG continues to make good progress with its roll-out plan. Yesterday, the first works at the new Pyrum site in Perl-Besch started after the municipal council approved the development plan earlier this month. With the planned start of the clearing work, the site is now being prepared for further construction work. At the end of last week, Pyrum received permission to clear the site, thus creating the basis for the construction area for the Pyrum plant and the new shredder. With a size of approximately 8,500 m2, this area is the first construction part of the planned new plant.

Pascal Klein, CEO of Pyrum Innovations AG: "We are continuing to work at full speed on our roll-out plan and have managed to start work on the new site in just three months. The further approval process with the authorities is already in full swing and we look forward to the start of construction of our new site."

Pyrum Innovations AG plans to build its second pyrolysis plant in Saarland in Perl-Besch by the end of 2025, based on the model of the main plant in Dillingen/Saar, with a capacity of 20,000 tonnes of end-of-life tyres (ELT) per year, which means doubling the current production capacity. Construction is scheduled to start in the second half of 2024.

 

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 pyrolysis technology. 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 end-of-life tyres - especially compared to incineration in cement plants - and produces new raw materials such as pyrolysis 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 pyrolysis 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 pyrolysis 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 
Email: pyrum@ir-on.com

 

Pyrum Innovations AG
Dieselstr. 8
66763 Dillingen / Saar 
Email: presse@pyrum.net

 



28.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Pyrum Innovations AG
Dieselstraße 8
66763 Dillingen/Saar
Germany
Phone: +49 6831 959 480
E-mail: contact@pyrum.net
Internet: www.pyrum.net
ISIN: DE000A2G8ZX8
WKN: A2G8ZX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich
EQS News ID: 1846571

 
End of News EQS News Service

1846571  28.02.2024 CET/CEST

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+49 (0) 89 444 430-000

 

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