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Pyrum Innovations AG has completed its first MaxCap test, running at full capacity at its new plant in Dillingen/Saar. Between September 27 and October 4, the TAD 3 line was gradually brought to 100% throughput, maintaining peak operation for a week. While solid output met 100% capacity, oil and gas production reached 95% due to a quench pump blockage, an issue mitigated in future tests by using a reserve pump.

Pyrum Innovations AG (Pyrum) today published its consolidated financial report for the period from 1 January to 30 June 2024. The half-year results and the financial position of the company continued to be largely characterised by investments at the company headquarters in Dillingen/Saar and for orders for plant components with long delivery times for the new site in Perl-Besch, as well as investments in personnel expansion and the further development of the organisational structure. In addition, throughput volumes at the rCB pelletising plant were still below target.

Pascal Klein, CEO of Pyrum Innovations AG: “Both systems are running so well that we are now focussing on the 100% performance test of TAD 2 and TAD 3. We are very satisfied and proud of our entire team, which is doing an exceptional job. We have learnt a lot over the last eight months, so that we can look to the future with confidence and better plan and therefore shorten future start-ups. At this point, it is important to mention once again that during commissioning of this kind, all system components are gradually pushed to their limits before they run at 100% together. This ensures the safety of our employees and our systems.

Pyrum Innovations AG, in collaboration with Schwalbe, has reached a significant milestone in their tire recycling program, with 1,000,000 bicycle tires successfully collected, recycled, and reintroduced into the material cycle. This achievement highlights the effective partnership between the two companies in advancing sustainable solutions within the circular economy.

In Amsterdam, The Netherlands across the 5-6 November 2024 the Recovered Carbon Black Europe conference, promises to be an exceptional gathering of industry leaders, innovators and experts, all converging to explore the latest advancements and breakthroughs in the dynamic realm on rCB. Organised by Smithers, this eagerly anticipated event is proud to announce the 2024 full agenda. With presentations from Continental, Circtec, Pyrum Innovations, Scandinavian Enviro Systems, Hutchinson, Bolder Industries, Cabot, Trelleborg and many more, view full agenda here.

Recycled carbon black, crucial for tire stability and durability, helps reduce reliance on fossil fuels and lower CO2 emissions. Continental is committed to a closed-loop recycling system, where end-of-life tires become raw materials for new products, aligning with its long-term sustainability strategy to achieve 100% sustainable materials in tires by 2050.

On July 30, 2024, Pyrum Innovations AG (Pyrum) and Continental signed a framework agreement for the long-term purchase of Pyrum’s recovered Carbon Black (rCB). The agreement covers the rCB purchase quantities for at least two Pyrum plants, with a term of ten years. Continental will also supply Pyrum with end-of-life tires. In addition, Continental has agreed to make an advance payment for future rCB deliveries.

Pyrum Innovations AG announced thermolysis plant tour on 30 October 2024. Experience the fascination of thermolysis live – on a guided tour of the Pyrum thermolysis plant in Dillingen. The company develops and builds recycling plants for rubber and various plastics. The Pyrum thermolysis plant with an annual throughput of 5,000 tonnes of rubber per year.

Pyrum Innovations AG (Pyrum) today published its consolidated interim report for the period from 1 January to 31 March 2024. Revenue in the first three months totalled € 336 thousand and was therefore around € 54 1TP3 thousand higher than in the same period of the previous year (3M 2023: € 218 thousand). Own work capitalised amounted to € 1,615 thousand (3M 2023: € 2,958 thousand) as construction of the plant expansion in Dillingen progressed according to plan. The decrease corresponds to the lower cost of materials required to produce own work capitalised as the degree of completion of the plant expansion increases. Due to the lower level of own work capitalised in the reporting period compared to the same period of the previous year, total operating performance fell by around € 1TP3k to € 2,177k (3M 2023: € 3,188k). At € 148 thousand, other operating income was around € 85 thousand higher than in the same period of the previous year (3M 2023: € 80 thousand). The consolidated net loss for the period totalled € ‑2,684 thousand (3M 2023: € ‑2,237 thousand). The available liquidity as at 31 March 2024 was € 7,065 thousand (31 December 2023: € 4,275 thousand).