Pyrum and SUAS GROUP plan to build a joint thermolysis plant in the Czech Republic

05 Mar 2025 08:00 CET

Press Release
of Pyrum Innovations AG

Pyrum Innovations AG: Pyrum and SUAS GROUP plan to build a joint thermolysis
plant in the Czech Republic

• Start of construction in the Czech Republic in the second quarter of 2025
• Annual recycling capacity of up to 23,000 tonnes of end-of-life tyres planned
• Establishment of a joint venture for the construction and operation of the
plant

Dillingen (Saar), Germany / Sokolov, Czech Republic, 5. March 2025 - The Czech
companies SUAS GROUP and Sokolovská uhelná, in cooperation with Pyrum (ISIN
DE000A2G8ZX8), are planning to build a tyre recycling plant at their Vřesová
complex. The project results from the existing consulting and engineering
contract between the companies, which was concluded with a subsidiary of the
SUAS GROUP, and relates to the planned plant in the Czech Republic. The Czech
companies plan to utilise the synergy effects on site and will integrate the gas
produced during thermolysis into the existing plant for further utilisation. The
planned plant will convert 23,000 tonnes of end-of-life tyres into valuable
resources every year. The planned investment volume is 1.4 billion CZK (approx.
57 million EUR).

“We are among the first companies in the world to utilize this innovative
technology within our industrial complex in Vřesová. The site has the necessary
infrastructure not only for the facility's construction but also for utilizing
the gas produced during pyrolysis, which is rich in hydrogen and methane. The
technology is extremely environmentally friendly, as confirmed by the recently
completed Environmental Impact Assessment (EIA). Among other benefits, the
project as a whole significantly reduces the carbon footprint—by more than
18,000 tons of CO₂ annually,” said Martin Čermák, a board member of SUAS GROUP
and Sokolovská uhelná.

David Najvar, Chairman of the Board of SUAS GROUP, emphasized the importance of
the collaboration with Pyrum Innovations AG: “We greatly appreciate that Pyrum
Innovations AG, the holder of this revolutionary patent with experience in
similar projects across the EU, has become our partner. Together, we are
fulfilling the vision of developing a circular economy and sustainability in
handling specific types of waste and their disposal within our region and the
Czech Republic.”

Construction of the new plant is set to begin in the second quarter of 2025 and
is expected to take 24 months, with completion targeted for 2027. Pyrum
Innovations AG and SUAS GROUP will establish a joint venture for the joint
construction and operation of the plant. Pyrum will acquire a stake of 49% in
the company. Pyrums equity in the Project is coverred by existing loan framework
agreements.

Pascal Klein, CEO of Pyrum Innovations AG: “The collaboration with the renowned
SUAS GROUP represents further progress for the development of the circular
economy in Europe. This project demonstrates the high adaptability of our
technology. Thanks to the efficient use of the gas on site, the end-of-life
tyres can be almost completely recycled. Even though each site has individual
potentials and designs, the core of our technology remains constant. We are
looking forward on a very successful partnership and to the next phase of our
collaboration, realizing the joint plant at the new site.”


About SUAS GROUP a.s. & Sokolovská uhelná, a Legal Successor, a.s.

SUAS GROUP is a progressive group of companies active primarily in energy,
transportation, circular economy, real estate development, and engineering. The
group's wide-ranging activities stem from its commitment to the region's future,
environmental quality, and sustainable development. The initiatives prepared and
implemented by the group align with the gradual transition to emission-free
energy and the transformation of Sokolov and the broader region.

Sokolovská uhelná is one of the largest independent electricity producers in the
Czech Republic. It also generates thermal energy, supplying 51,000 households in
the Karlovy Vary and Sokolov regions. One of its main products is energy coal.


About Pyrum Innovations AG

Pyrum Innovations AG has revolutionised the recycling market for end-of-life
tyres. Since 2008, the company has been developing an innovative thermolysis
technology that enables end-of-life tyres and plastics to be recycled with
virtually no emissions. The process can recover high-quality products such as
thermolysis oil and rCB (recovered Carbon Black), which are used by renowned
partners such as BASF, Continental and Schwalbe to manufacture new products. In
this way, the company closes the material cycle and pursues a sustainable
business model in line with climate targets. Since 2020, the first plant at the
company's headquarters in Dillingen/Saar has been in continuous operation, and
two further plants have been added as part of the site expansion in 2024. Thanks
to respected certificates such as REACH and ISCC Plus, the products are
considered to be of high quality, sustainable and renewable. Pyrum has already
received multiple awards for its innovative solutions and has been nominated for
the 2025 German Environmental Award this year.
www.pyrum.net/en/

Contact us
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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