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Pyrum Innovations AG (Pyrum), one of the pioneers in the sustainable recycling of end-of-life tyres (ELT) based on its patented pyrolysis technology, today published its consolidated financial report for the period from 1 January to 30 June 2022. In the first six months, total output increased almost tenfold compared to the same period of the previous year to EUR 9,196 thousand (H1 2021: EUR 932 thousand). This includes own work capitalised of EUR 8,495 thousand (H1 2021: EUR 519 thousand) resulting from construction progress on production lines 2 and 3 at the company's site in Dillingen, inventory increases to EUR 216 thousand (H1 2021: EUR 15 thousand) as well as increased sales.

BlackCycle – the research project coordinated by Michelin and aimed to enable a massive circular economy of tires by designing world-first processes to produce new tires from end-of-life tires (ELTs) – is now followed by WhiteCycle project.

Pyrum Innovations AG reports further progress in the European Union’s BlackCycle project. On 24 May 2022, the successful completion of the trial campaign was celebrated. In this campaign, various process conditions regarding the composition of ELT, the temperature profile and the residence time were first extensively researched on a laboratory scale. After successful determination of the optimal reaction parameters, several experimental campaigns on an industrial scale followed.

Pyrum Innovations AG (Pyrum) has published its 2021 annual financial statements and, for the first time, consolidated financial statements for 2021. In the past financial year 2021, the Group achieved a total output of EUR 3.7 million, an increase of 106% compared to the previous year (2020: EUR 1.8 million). In the reporting period, the total output mainly consists of own work capitalised in the amount of EUR 2.8 million and sales, which increased to EUR 0.9 million.

Episode 33 of The Tyre Recycling Podcast takes a look at one of the most groundbreaking projects the tyre recycling industry has seen in the form of BlackCycle. Watch Orion and CSIC Latest Guests on The Tyre Recycling Podcast. Tyre and Rubber Recycling Magazine had the opportunity to speak to Celso Magri, the Global Marketing and Sustainability Director for Orion and Ramon Murillo, a Scientific Researcher at CSIC regarding the BlackCycle Project which has caught the interest of players across not just the tyre recycling sector but the entire tyre industry.

In its latest press release, Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires based on its patented pyrolysis technology, reports on the progress of the European BlackCycle project.

The BlackCycle consortium organized a workshop with 120 worldwide industry leaders, legislators, academics, H2020 project coordinators, and institutional representatives at the Michelin technical center in Ladoux, France, close to the end of November 2021. The workshop's goal was to explore and share ideas about how to implement a circular economy in Europe. BlackCycle stated during the event that it has created the world's first sustainable carbon blacks (sCB) for use in tire applications in a carbon black furnace reactor using oils derived from the pyrolysis of end-of-life tires. The cyclical process that BlackCycle intends to implement is the creation of this sustainable material from end-of-life tires.

Michelin is inviting everyone interested in tire recycling and sustainability to take part in the first Workshop of the European BlackCycle project! The AXELERA cluster is a partner of the BlackCycle project, coordinated by Michelin, the objective of which is to create, develop and optimize a complete value chain for recycling end-of-life tires, in the form of material first to reduce the impact on the environment. This free workshop will be an opportunity to present the state of progress of the project but also to discuss with the stakeholders interested and involved in the creation of this value chain. The workshop will be held on November 22, 2021 at MICHELIN CAMPUS RDI in Cebazat, France. To attend the workshop, make sure to register before November 12.

State-of-the-art pyrolysis processes are an efficient, viable and sustainable approach for the valorisation of end-of-life tires (ELT) into oil, gas and recovered Carbon Black (rCB). They are thus an important step towards the transition to a low carbon, more sustainable, resource efficient, circular economy in line with the EU Green Deal and the UN Sustainable Development Goals.