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.
Sponsored
Industry's News and Events
Subscribe for Weibold's monthly newsletter to receive the most important news on market trends, technology advances, expos, trade shows and conferences related to tire recycling and pyrolysis industry and much more!
Newsletter
Pirelli, Pyrum, Synthos and BASF partner to transform end‑of‑life tyres into recycled materials for new products
The process draws on end‑of‑life tyres collected across Germany, from some Driver retail outlets and motorsport activities, as well as scrap tyres collected from Pirelli's Breuberg plant. They are processed through an industrial chain designed to maximize their inner value, converting them into secondary raw materials – including synthetic rubber – certified under the ISCC PLUS scheme. This ensures traceability along the value chain and enables the circular materials’ reintroduction into the manufacturing of new Pirelli tyres, maintaining their highest standards of quality and performance.
Talkin’ Tires podcast discusses tire recycling with Liberty's executive K. Stratton Kirton
In the episode, Hunter and Kirton discuss how Kirton’s interest in environmental conservation developed and how that background connects to his work in the tire recycling sector. The discussion also looks at the broader role of recycling programs in keeping end-of-life tires out of disposal routes and moving them into productive uses.
Fornnax appoints Lukas Baur as authorized service partner for the European Union
Having specialised in Eldan, Lindner and Vecoplan shredders for years across the European recycling industry, Mr Baur’s decision to partner with Fornnax is rooted in a sharp market observation. Mr. Baur has developed a deep understanding of what plant operators truly need from a machine and from the team behind it. When he came across Fornnax's reputation for robust construction, superior wear protection, and accessible maintenance design, the fit was immediately clear.