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Pyrum Innovations AG: First test run at full capacity of TAD 2 successful
27 Nov 2024 07:30 CET
Issuer
Pyrum Innovations AG
Press release
of Pyrum Innovations AG
Pyrum Innovations AG: First test run at full capacity of TAD 2 successful
• Parallel production for the first time in all three reactors at the main plant
in Dillingen
• Maximum throughput successfully demonstrated in TAD 2
Dillingen / Saar, 27 November 2024 - Pyrum Innovations AG (“Pyrum”, the
“company”, ISIN: DE000A2G8ZX8) has been operating all three production lines at
its headquarters in Dillingen/Saar in parallel for the first time since last
weekend. The three reactors will initially be operated together for one week
before TAD 1 enters the next maintenance phase as planned.
In addition, the next MaxCap test, a test run at 100% capacity, was successfully
completed this week at
TAD 2. Similar to TAD 3, the reactor was ramped up to 100% capacity in stages
over several days. Both the solids throughput and the oil and gas production
reached the targeted rates.
Pascal Klein, CEO of Pyrum Innovations AG: “The successful parallel
commissioning of all three production lines is an important step for Pyrum and
proves that the technology is ready for series production. We are proud to have
not only demonstrated the stability of our systems, but also to have achieved
the targeted maximum performance of 100% at TAD 2 during the MaxCap test. Our
team has done an excellent job. These successes show that we are on the right
track to further expand our production capacities and strengthen our market
position.”
The goal for the next few months is to reduce maintenance downtime and increase
production cycles.
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
More information:
Access the news on Oslo Bors NewsWeb site
Source
Pyrum Innovations AG
Provider
Oslo Børs Newspoint
Company Name
PYRUM INNOVATIONS AG
ISIN
DE000A2G8ZX8
Symbol
PYRUM
Market
Euronext Growth