Pyrum Innovations AG and SUAS reTire s.r.o. have signed a plant purchase agreement for the delivery of Pyrum’s thermolysis technology to a planned tire recycling facility in Sokolov, Czech Republic. The agreement marks Pyrum’s first plant purchase contract for an external facility outside its own sites and represents another step in the company’s international technology rollout. The joint venture has also concluded loan agreements with its financing bank in the Czech Republic, meaning the project is now considered fully financed. Commissioning is scheduled for spring 2028. The plant will be developed, built and operated by SUAS reTire and will use Pyrum technology to recycle end-of-life tires into secondary raw materials including ThermoTireOil® and ThermoTireBlack®, supporting tire recycling, recovered carbon black production and circular economy development in Central Europe.

First external plant purchase agreement for Pyrum

Pyrum said the contract is the first plant purchase agreement it has signed for an external plant. The agreement covers delivery of a Pyrum thermolysis plant for the planned facility in Sokolov, with Pyrum providing the key technology for the project.

The project is being implemented through SUAS reTire s.r.o., the joint venture responsible for the development, construction and operation of the Czech tire recycling plant. Pyrum previously formed the joint venture with SUAS Ecology s.r.o. and holds a 49% stake in the company.

Project financing completed

The joint venture has completed loan agreements with the financing bank in the Czech Republic. Pyrum said this means the project is fully financed and has secured the funding needed for construction.

An initial payment to Pyrum under the plant purchase agreement is expected in the coming weeks. The company said commissioning of the plant is planned for spring 2028.

Facility planned for Sokolov region

The new tire recycling plant is planned in Sokolov, Czech Republic, with earlier project information identifying the Vřesová industrial complex as the location. The facility is intended to process end-of-life tires using Pyrum’s thermolysis technology, contributing to the expansion of regional recycling capacity for waste tires.

The project follows earlier planning work between Pyrum and Czech partners, including shareholder arrangements and financing steps. The Czech facility is part of Pyrum’s wider strategy to deploy its tire recycling technology beyond its own operations in Germany.

Thermolysis technology produces TTO and TTB

Pyrum’s process converts end-of-life tires and selected plastics into products including ThermoTireOil® and ThermoTireBlack®. ThermoTireOil® can be used as a circular feedstock in the chemical industry, while ThermoTireBlack® is a recovered carbon black product that can be used in new industrial applications.

The technology is designed to recover valuable raw materials from waste tires and keep them in the material cycle. Pyrum says its process supports lower-emission recycling and produces outputs used by partners in the tire, chemical and industrial sectors.

Czech project supports European circular economy

The Czech facility is expected to strengthen circular economy infrastructure for end-of-life tires in Europe. By converting waste tires into reusable raw materials, the plant can support markets for tire-derived oil, recovered carbon black and other recycled tire materials.

The project also reflects growing interest in regional tire recycling capacity, where feedstock supply, financing, technology licensing and downstream offtake agreements are increasingly important for building scalable circular value chains.

Pyrum continues international rollout

The agreement in the Czech Republic adds to Pyrum’s broader expansion strategy, which includes technology partnerships, licensing arrangements and project development in different European markets. The company has also signed agreements connected to tire-to-tire recycling and the use of recovered materials in new products.

With the plant purchase agreement and bank financing now in place, the Czech project moves from planning toward implementation. For Pyrum, the contract demonstrates the commercial use of its technology in an external joint venture structure and supports the company’s position in tire pyrolysis, recovered carbon black and sustainable tire recycling markets.

Article source: Pyrum.