Pyrum and Continental sign agreement for provision of recovered carbon black
Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires (ELT) based on its patented pyrolysis technology, has signed a contract with premium tire manufacturer Continental for the supply of recovered carbon black (rCB). With the conclusion of the contract, there are now long-term serial supply contracts for all of Pyrum's core products, in addition to the contract for the supply of pyrolysis oil to BASF SE. Pascal Klein, CEO of Pyrum Innovations AG: “The long-term supply contract is a huge step for our company. We have now concluded serial supply contracts for all core products. As with our pyrolysis oil, the demand for our rCB is much greater than we can currently meet. Therefore, we will expand our production capacities in the next few years and expect to triple our capacities already this year with the commissioning of production lines II and III at our site in Dillingen.