Pyrum Innovations AG: Reactors installed in units 2 and 3 - expansion of the main plant in Dillingen/Saar thus nearing completion

08 Feb 2023 08:00 CET

Press release
of Pyrum Innovations AG

Pyrum Innovations AG: Reactors installed in units 2 and 3 - expansion of the
main plant in Dillingen/Saar thus nearing completion

• Loop checks to begin shortly, currently final pipe and cabling work underway
• Expansion of the shredder and pyrolysis plant can start cold commissioning
promptly despite major disruptions to the international supply chains
• New facilities greatly expand production capacities in future to around 20,000
tonnes of end-of-life tyres per year

Dillingen / Saar, 8 February 2023 - Pyrum Innovations AG ("Pyrum", the
"company", ISIN: DE000A2G8ZX8), a pioneer in the sustainable recycling of
end-of-life tyres (ELT) based on its patented pyrolysis technology, announces
the successful installation of the two pyrolysis reactors for production lines 2
and 3 at its main plant in Dillingen/Saar. This marks an important milestone in
the expansion of the plant. The first tests of the installed components can
begin shortly. These so-called loop checks represent the first step of the cold
commissioning.

Pascal Klein, CEO of Pyrum Innovations AG: "The so-called marriage - the
installation of the finished engine in a machine - of the two new reactors is a
significant moment in the history of our company. With the two new production
lines, our main plant will in future have the recycling capacity that we plan as
standard for all new Pyrum plants. We are very proud that despite the major
challenges, such as the disruptions in the global supply chains, the chip
shortage, Covid-19 and the extreme price increases, we expect to complete the
expansion of our main plant on schedule. The new facilities will enable us to
better serve the enormously high demand for our products in the future."

The Pyrum main plant in Dillingen/Saar has so far consisted of one production
line, which has been operating on an industrial scale since 2020. In addition to
this pyrolysis reactor, Pyrum has built two further towers around 25 metres high
since the end of 2021. Using Pyrum's patented technology, the reactors convert
rubber granulate from waste tyres into pyrolysis oil, gas and recovered carbon
black (rCB), which in turn are used by Pyrum's customers as raw materials for
the manufacture of new products. With the expansion that has taken place, the
processing capacity can be tripled in the future to around 20,000 tonnes of ELT
per year. In addition, Pyrum is currently planning to build 15 new plants by
2030.



About Pyrum Innovations AG
Pyrum Innovations AG is active in the attractive recycling market for
end-of-life tyres with its patented pyrolysis technology. Pyrum's pyrolysis
process is 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. 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
nominated for the “Grand Prix Mittelstand” (“Großer Preis des Mittelstandes”)
from the German state of Saarland.

https://www.pyrum.net/en

Contact
IR.on AG
Frederic Hilke
Tel: +49 221 9140 970
Email: pyrum@ir-on.com

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

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