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Felix Magath becomes brand ambassador and investor of Pyrum Innovations AG
13 May 2025 08:00 CEST
Issuer
Pyrum Innovations AG
Press Release
of Pyrum Innovations AG
Felix Magath becomes brand ambassador and investor of Pyrum Innovations AG
• Player and coaching legend supports green tech pioneer on its way to European
market leadership in pyrolysis technology
Dillingen / Saar, 13 May 2025 - Football legend Felix Magath is joining Pyrum
Innovations AG ("Pyrum", the "Company", ISIN: DE000A2G8ZX8) as brand ambassador
and investor with immediate effect. The listed company based in Dillingen an der
Saar is a technological pioneer in the field of pyrolysis and makes a
significant contribution to the circular economy - especially in the recycling
of end-of-life tyres and composite materials.
"I am convinced by the combination of technological pioneering spirit,
entrepreneurial consistency and social relevance," says Felix Magath. "I am
looking forward to contributing my experience and my network to make Pyrum even
better known - among investors, in industry and among political decision-makers.
It is about making a real contribution to our country's green tech offensive. We
need companies like this to get back to the top of the world."
Pascal Klein, CEO of Pyrum Innovations AG, also sees the partnership as a strong
signal: "The fact that such a well-known personality as Felix Magath has chosen
to actively support a young company like Pyrum is a great sign of confidence for
us – and also a leap of faith. We hope that his charisma as a brand will help to
bring our vision and technology closer to a broad public and decisively advance
Pyrum."
Thanks to its patented, energy-autonomous pyrolysis technology, Pyrum is able to
recover high-quality raw materials such as oil, gas and carbon black from
end-of-life tyres and plastic waste. According to the Fraunhofer Institute, CO₂
savings amount to 965 kg CO2 equivalent per tonne of used tyres – significantly
above the previous industry average. Its customers and partners include BASF,
Continental, Schwalbe, Michelin, Mercedes-Benz, Remondis and Suez. Pyrum has an
international presence and is already working on ten new plants in Germany and
abroad, which will be built in the medium term.
About Pyrum Innovations AG
Pyrum 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 several awards for its innovative solutions and is
constantly researching new ways to recycle waste streams.
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
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