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
VTTI initiates rCB market consultation as part of TyreLoop Antwerp development
VTTI B.V., an industry leader in energy infrastructure, has opened a market consultation for recovered carbon black (rCB) as part of the VTTI TyreLoop Antwerp project at its existing terminal VTTI Antwerp, Belgium. The initiative marks an important milestone in VTTI’s commitment to addressing the global waste challenge and supporting the energy transition.
BPI's Scott Gerber discusses crumb rubber safety in Episode 83 of The Tyre Recycling Podcast
In Episode 83, Scott Gerber, Program Director of the Better Play Initiative (BPI), discusses the organisation’s work on the safe and sustainable use of recycled rubber in sports and playground surfaces. He outlines key findings from independent and government studies, including research from the EPA and CalEPA, which have not identified significant health risks associated with crumb rubber infill.
Australia releases new national specification for crumb rubber asphalt on local roads
The Australian Flexible Pavement Association (AfPA), in collaboration with Tyre Stewardship Australia (TSA), has released a new national model specification for crumb rubber modified asphalt used on local government roads. The Crumb Rubber Modified Dense Graded Asphalt (CRM DGA) Model Specification – Light to Medium Duty Roads reflects a coordinated effort to provide clearer guidance for councils seeking to use crumb rubber in road construction and maintenance.