Pyrum Innovations AG: Delivery approval from Continental for Pyrum rCB

21 Nov 2024 07:30 CET

Press Release
of Pyrum Innovations AG

Pyrum Innovations AG: Delivery approval from Continental for Pyrum rCB

• Pyrum passes further audit by Continental
• Process capability analysis on TAD 2 and TAD 3 was successfully demonstrated
• Delivery approval for thermolysis coke from TAD 2 and TAD 3 granted by
Continental

Dillingen / Saar, 21 November 2024 - Pyrum Innovations AG ("Pyrum", the
"Company", ISIN: DE000A2G8ZX8) yesterday received the unlimited delivery
approval from Continental for the Pyrum recovered Carbon Black (rCB) of the
plant in Dillingen/Saar. As part of the Continental audit, Pyrum successfully
carried out the process capability analysis for the two new lines in recent
weeks. The analysis serves to evaluate the short and long-term process
stability. The values determined show a long-term capability (Cpk) of 2.16 for
TAD 2 and 2.70 for TAD 3 as well as a short-term capability (Ppk) of 2.49 (TAD
2) and 3.38 (TAD 3). The results are above the required standard values
specified by the automotive industry (Cpk: 1.33; Ppk: 1.67).

On this basis, Continental has granted Pyrum authorisation to supply Pyrum rCB
from TAD 2 and TAD 3. The audit was necessary in order to grind the TCU (raw
coke) from the two new lines in the existing mill into rCB and then deliver it
to Continental for use in tyre production. With the approval for the shredder
plant granted at the beginning of 2024, Pyrum has now received unlimited
delivery approval for the entire plant in Dillingen/Saar with the additional
delivery approval for TAD 2 and TAD 3.

Pascal Klein, CEO of Pyrum Innovations AG: “We are extremely proud to have
reached this significant milestone together. After three years of intensive
work, we have now received unlimited approval for our plant in Dillingen. We owe
this in particular to the valuable experience gained from the commissioning of
TAD 2 and TAD 3 and the tireless commitment of our entire team. We are proud to
fulfil the high criteria of the automotive industry and look forward to working
closely with Continental. The approval that has now been granted is the
cornerstone for a significant increase in sales next year.”

Pyrum is now planning to further increase rCB volumes by installing the new
grinding and pelletising plant. The foundations for the grinding hall were
completed on schedule at the end of October. In addition, the steel construction
is currently being tendered. All plant components for the grinding plant have
already been delivered and stored in Dillingen. Installation is planned for the
first quarter of 2025 due to the technical integration with the pelletising
plant.
 


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

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