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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<th> of January 2022.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires based on its patented pyrolysis technology, has begun expanding the production capacity of its pyrolysis plant at the company's headquarters in Dillingen/Saar. As of October 2021, the plant consists of one production line, which has been operating on an industrial scale since May 2020, producing pyrolysis oil, recovered carbon black (rCB) and pyrolysis gas from more than 7,000 tons of end-of-life tires during this period. The addition of two more production lines will triple processing capacity to approximately 20,000 tons of end-of-life tires per year. Excavation work for the foundations has already begun on the plant site. In addition, key components of the new plants have been ordered on a binding basis.

Pyrum Innovations AG ("Pyrum"), a pioneer in the sustainable recycling of end-of-life tires based on its patented pyrolysis technology, has received the first delivery of end-of-life bicycle tires by Ralf Bohle GmbH in connection with the planned cooperation of both companies. With its Schwalbe brand and a turnover of EUR 225 million (2020), Ralf Bohle GmbH ("Bohle") is Europe's market leader for bicycle tires and inner tubes. In September, Pyrum and Bohle had signed a Memorandum of Understanding (MoU), the objective of which is the long-term operation, expansion and further development of a feedstock recycling system for end-of-life bicycle tires by means of pyrolysis. At the same time, the aim is to use the recovered carbon black (rCB) resulting from the recycling of end-of-life tires as an ecological secondary raw material in the production of new Schwalbe products.

End-of-life tire recyclers and retreading companies will be able to compete in several nominations next year as part of the 2022 Recircle Awards that praise sustainable businesses, recycled tire rubber products and management teams in the tire recycling sector. The winners will be announced on April 25.

One of the most colorful personalities in the tire recycling and pyrolysis world – Dr. Valerie Shulman – recently passed away after a long battle with cancer. Dr. Shulman made an enormous contribution to our industry and we are very sad for our loss. We would like to express sincere condolences to Dr. Shulman’s family and remind to our audience about how Dr. Shulman was supporting and developing our industry. As a Secretary General of the European Tyre Recycling Association (ETRA) for over 30 years, for many Dr. Shulman was the face and voice of the Association. As Secretary General of ETRA, she helped defend interests of European tire recyclers in the highest offices in the European Commission, fighting for the future of the industry.

Episode 23 of the Tyre Recycling Podcast features the CEO of Scandinavian Enviro Systems (Enviro) – a Swedish tire pyrolysis operator and equipment supplier. Thomas Sörensson spoke about the collaboration with Michelin, Enviro’s strong position and potential in the market and the expansion plans ahead. Enviro is a Swedish award-winning tire pyrolysis operator and equipment supplier who recently entered a partnership agreement with Michelin.

In the recently held Recircle Awards – the globally-facing industry award event recognizing sustainable innovation, production processes, management and services within the tire retreading and recycling sectors – a U.S. based manufacturer of tire recycling machinery outperformed European its competitors for international awards program that recognizes excellence in tire recycling. ECO Green Equipment develops advanced eco-friendly and cost-efficient turnkey tire recycling systems. They recently garnered international attention for sweeping the Best Tyre Recycling Industry Supplier Award at the global Recircle Awards. The company develops both stand-alone machinery and integrated equipment to turn end-of-life tires into valuable aftermarket products. Their tire shredders and grinders can convert tire rubber into fine rubber powder for innovative high-end products, playground surfaces, athletic fields, landscaping mulch, automotive parts and tire-derived fuel.

Dr. Valerie Shulman – the Secretary General at the European Tyre Recycling Association (ETRA) given a Lifetime Achievement Award in the inaugural Recircle Awards. Tyre & Rubber Recycling magazine involved in organization of Recircle Awards writes that Dr. Shulman has been involved in tire recycling for somewhat longer than she has held her role at ETRA, and in her lifetime in the sector Dr. Shulman has campaigned to raise awareness of tire recycling with governments across Europe, and of course with the European Commission. Dr Shulman, literally, wrote the book on tire recycling, coining many of the phrases and terminology in common use today. A larger-than-life character, Dr. Shulman is passionate about recycling like no other individual. This passion can be seen in her involvement in the ETRA conferences and seminars each year. An impressive lady who knows where she wants to see the industry develop.

In total, over 9,000 votes were cast across the 18 awards categories that were open to the public vote, with significant engagement in the voting process being received from all corners of the globe. David Wilson, Managing Director of Valebridge Media Services, commented; “We were delighted to see such a high level of international participation in this first edition of the Recircle Awards, and we’d like to thank the readers of Retreading Business and Tyre & Rubber Recycling for helping to make this project into a such a globally inclusive event.”