Pyrum and UniPyrum sign engineering contract for first joint venture plant: Start of next project phase at Emleben site

05 Feb 2026 08:00 CET

Press release
of Pyrum Innovations AG

Pyrum and UniPyrum sign engineering contract for first joint venture plant:
Start of next project phase at Emleben site

• Pyrum and UNITANK move forward with UniPyrum joint venture
• Approval process for plant in Emleben, Thuringia, Germany, has begun
• First joint venture commission in the high six-figure euro range

Dillingen / Saar, 5 February 2026 – Following the successful establishment of
the joint venture UniPyrum, Pyrum Innovations AG (‘Pyrum’, ISIN: DE000A2G8ZX8)
and UNITANK Holding GmbH & Co. KG (‘UNITANK’) are embarking on the next crucial
phase of the project. The signing of an engineering and consulting agreement
between Pyrum and UniPyrum has laid the foundation for the first joint plant at
the UNITANK tank farm in Emleben.

The contract covers the approval process and basic engineering, thus forming the
basis for the subsequent implementation phase. At the same time, it represents
the joint venture's first order to Pyrum and is in the high six-figure euro
range. The first down payment for the project in Emleben has already been made,
sending a clear signal for the successful start of the project.

Pascal Klein, CEO of Pyrum Innovations AG: “With the signing of the engineering
contract, we are setting a decisive milestone together with UNITANK for the
implementation of our first joint venture plant in Europe. The plant in Emleben
is another driver of our growth strategy in Germany and lays the foundation for
the widespread introduction of our pioneering recycling technology and the
supply of system-critical raw materials produced from waste to Europe.”

The plant in Emleben will be the first of a total of five to ten planned
UniPyrum locations in Germany and Europe. It is being built on an existing tank
farm site belonging to the UNITANK Group in Emleben, Thuringia, which, with its
location close to the motorway and extensive logistics infrastructure, offers
excellent conditions for the construction and operation of the modern recycling
plant.

The UniPyrum management team has already held its first strategy meetings in
recent weeks. The next operational steps and further site development were
agreed upon. In addition, the joint venture has been provided with initial
funding, which will be used, among other things, to identify strategic locations
for future plants.

The next steps are to identify potential locations for the next two joint
projects in Germany and to initiate the necessary planning and approval
procedures. To this end, the joint venture will hire qualified specialists to
ensure the timely and efficient implementation of the measures.

 
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.
Prestigious certifications such as REACH and ISCC Plus prove the quality and
sustainability of the products.
https://www.pyrum.net/en/

About UNITANK

With over 1.3 million m3 of storage capacity at seven locations, UNITANK is one
of the leading independent operators of tank farms in Germany and Belgium. In
addition to supplying energy products to the regions, the Hamburg-based company
also traditionally stores a significant proportion of the national strategic
reserves of the Federal Republic of Germany and the Kingdom of Belgium. UNITANK
is therefore an important part of Europe's critical infrastructure.
https://www.unitank.com/eng/

About UniPyrum

At the beginning of January 2026, Saarland-based Pyrum Innovations AG and
Hamburg-based UNITANK Holding GmbH & Co. KG (‘UNITANK’), a leading operator of
independent tank farms, founded the joint venture UniPyrum. The aim of the joint
venture is to build and operate up to ten recycling plants. The first plant is
being built on the site of the UNITANK tank farm in Emleben. Pyrum holds 49% of
the equity, the UNITANK Group 51%. Each site will initially be equipped with at
least three state-of-the-art thermolysis reactors, which can recycle around
22,000 tonnes of end-of-life tyres per year. The modular design of Pyrum's
technology allows capacities to be flexibly adapted to the respective location
and expanded as needed.

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

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

UNITANK Holding GmbH & Co. KG
Steckelhörn 9
20457 Hamburg
Email: info@unitank.com

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