Pyrum Innovations entered into market making agreement with Pareto Securities
Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires (ELT) based on its patented tire pyrolysis technology, has entered into a market making agreement with Pareto Securities AS. The purpose of the agreement is to enhance liquidity in the trading of the Company's shares. The agreement is in accordance with the standard requirements of Euronext Oslo Stock Exchange. First day of market making was on 27
About Pyrum Innovations AG
Pyrum Innovations AG is active in the attractive recycling market for end-of-life-tires with its patented pyrolysis technology. Pyrum's pyrolysis process is reported to be completely energy self-sufficient, saves up to 98% of the CO2 emissions normally generated during the combustion of end-of-life tires in a cement plant and produces new raw materials such as pyrolysis 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 tire recycling sector to receive REACH registration from the European Chemicals Agency (ECHA) for the pyrolysis oil it produces. This means that the oil is recognized as an official raw material and can be used as a raw material in production processes. In addition, Pyrum is continuously researching both new input materials as well as new raw materials to be produced, for example with the ongoing tests for the extraction of hydrogen from the gas obtained by means of the patented technology. These achievements have also been recognized by international experts in the tire industry. For example, Pyrum won the Best Tyre Recycling Innovation category at the inaugural Recircle Awards and has been nominated for the "Grand Prix Mittelstand" ("Großer Preis des Mittelstandes") from the German state of Saarland.
Press release by Pyrum Innovations.
Weibold is an international consulting company specializing exclusively in end-of-life tire recycling and pyrolysis. Since 1999, we have helped companies grow and build profitable businesses.
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NewsletterMars Mineral delivers advanced Pin Mixer to LD Carbon's growing South Korean operations
Mars Mineral, a global provider of pelletizing technology and agglomeration solutions, has announced the shipment of a Model 26D100L stainless steel pin mixer to LD Carbon (LDC), a leading producer of recovered carbon black (rCB). LDC, based in Seoul, South Korea, will receive the pin mixer at its new manufacturing facility in Dangjin. This plant, slated to open during the second quarter of 2024, will be the largest end-of-life tire (ELT) pyrolysis and rCB operation in Asia. The Mars Mineral Pin Mixer is a high-speed, conditioning, and micro-pelletizing device that converts rCB from pyrolysis of ELTs into small spherical pellets through the action of a high-speed rotor shaft and pin assembly with the addition of a liquid binder, usually water.
Your 15% discount for European Carbon Black Summit 2024, June 19-20
Building upon the success of last edition of summit, ACI announced that the European Carbon Black Summit is returning over the 19th & 20th June 2024, in the city of Amsterdam. To register for the Summit, ACI offers a special 10% discount to all Weibold’s subsribers available via the promo code “CCBe4MKTWeibold”. For further information or to register your attendance contact Rohan Baryah on rbayrah@acieu.net or +48 61 646 7022 quoting the promo code.
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