Pyrum Innovations AG: Publication of Information Document

30 Sep 2021 07:00 CEST

Company Name

PYRUM INNOVATIONS AG

ISIN

DE000A2G8ZX8

Mercado

Euronext Growth

Símbolo

PYRUM

Pyrum Innovations AG: Publication of Information Document

Oslo, 30 September 2021: The attached Information Document has been prepared by
Pyrum Innovations AG (the "Company") solely for use in connection with the
admission to trading of the Company's shares on Euronext Growth Oslo. The first
day of trading in the Company's shares on Euronext Growth Oslo is 30 September
2021.

Pareto Securities AS is engaged as financial advisor to the Company and
Bookrunner in connection with the admission to trading of the Company's shares
on Euronext Growth Oslo. Advokatfirmaet Selmer AS and Dentons Europe LLP are
acting as legal advisors and IR.on AG as Financial PR advisor to Pyrum, while
BAHR AS is acting as legal advisor to the Manager.

For more information, please contact:

Pascal Klein, Chief Executive Officer
Email: oslo@pyrum.net
Tel: +49 6831 95948 0

Kai Winkelmann, Head of Business Administration
Email: oslo@pyrum.net
Tel: +49 6831 95948 0

Pyrum in brief:

Pyrum is an innovative recycling technology company with headquarters in
Dillingen, Germany. Based on the worldwide patented thermal reactor and the
European patented thermolysis process and apparatus, the Company develops,
builds and operates recycling plants. In the existing plant the Company extracts
raw materials of high quality from end-of-life tires and other rubber waste and
feeds them back into the material cycle. The output obtained include i)
thermolysis oil, for which Pyrum has received REACH (Registration, Evaluation,
Authorisation and Restriction of Chemicals) certification, ii) thermolysis
carbon (so called recovered Carbon Black - rCB) and iii) thermolysis gas. These
products serve as i) raw materials in certain applications in the industry, ii)
a rubber-reinforcing additive used in a multitude of rubber products (e.g.
tires) and iii) power and heat fed back to the recycling plant. In addition, the
Company markets the thermolysis recycling plants worldwide and supplies them to
its contractual partners.

In September 2020, BASF SE acquired a 10% stake in Pyrum Innovations AG as part
of its ChemCyclingTM project and guarantees the acceptance of the thermolysis
oil produced both in its own plants as well as in the plants of its contractual
partners. The Company's unique thermolysis process can combine rubber recycling
with economic benefits and environment protection. The Company's industrial unit
(yearly recycling capacity of 5,000 tons) is the proof of a well-functioning
process that has also been patented.


Fonte

Pyrum Innovations AG

Fornecedor

Oslo Børs Newspoint