Search Results

Pyrum Innovations AG (Pyrum) today published its consolidated interim report for the period from 1 January to 31 March 2025. Sales in the first three months totalled EUR 509 thousand, up around 51% on the same period of the previous year (3M 2024: EUR 336 thousand). Own work capitalised amounted to EUR 2,676 thousand (3M 2024: EUR 1,615 thousand) as construction of the plant expansion in Dillingen progressed according to plan. Total output therefore increased by around 55% to EUR 3,365 thousand (3M 2024: EUR 2,177 thousand).

Pyrum GreenFactory II GmbH received approval for the early start of construction of the new Pyrum plant in Perl-Besch. Pyrum GreenFactory II GmbH is a wholly owned subsidiary of Pyrum Innovations AG (ISIN: DE000A2G8ZX8), which was founded last year to operate the new Pyrum plant. With the new plant, Pyrum is further expanding its recycling capacities in Saarland – it is already the second own site that the company will build and operate independently.

The AZuR network had a strong showing at the 2025 Recircle Awards ceremony in Bologna, taking home seven awards. The international expert jury recognized AZuR partners Genan, Marangoni, and Italmatic for their innovative solutions in retreading and tire recycling. In addition, AZuR network coordinator Christina Guth received the Women’s Award for the Tyre Retreading Sector. “This award is a recognition of the commitment of all AZuR partners in recent years to advancing the circular tire economy,” said Guth at the awards ceremony.

Pyrum Innovations AG (Pyrum) and Thermo Lysi SA have signed an engineering contract in the amount of EUR 2.2 million. The contract marks an important milestone for the company, as it is the first engineering contract to be signed after a plant has been granted a construction permit. Pyrum will now begin the detailed engineering of the planned plant, which is expected to take six months.

Pyrum Innovations AG (Pyrum) and the bicycle tyre manufacturer Ralf Bohle GmbH (brand: “Schwalbe”) have concluded a framework agreement for the long-term purchase of Pyrum’s recovered Carbon Black (rCB). The agreement covers the purchase of rCB at a fixed price for a term of ten years. This is already the second framework agreement of this scope that Pyrum has been able to conclude, in addition to the one with Continental. Both parties have agreed not to disclose the purchase price. Schwalbe’s supply of bicycle tyres to Pyrum will also be further expanded in this context.

Pyrum Innovations AG (Pyrum) announced that the Supervisory Board extended the contract with Chief Financial Officer (CFO) Kai Winkelmann until March 31, 2030, thus ensuring continuity in the management of the company. Kai Winkelmann has been with the company since February 2021 and was appointed to the Executive Board as Chief Financial Officer (CFO) for the first time on April 1, 2022. In his time at Pyrum to date, he has made a significant contribution to securing the company’s financing, including the successful capital increase last year. In his position on the Executive Board, Mr. Winkelmann is responsible for Finance, Compliance and IT.

Pyrum Innovations AG (Pyrum) published its trading update for the fourth quarter of 2024 and the preliminary figures for the full year 2024. The company’s earnings and financial position in the 2024 financial year continued to be characterised by investments at the headquarters in Dillingen and orders for system components with long delivery times for the new site in Perl-Besch. Investments were also made in expanding the workforce and further developing the organisational structure.

The Czech companies SUAS GROUP and Sokolovská uhelná, in coöperation with Pyrum (ISIN DE000A2G8ZX8), are planning to build a tyre recycling plant at their Vřesová complex. The project results from the existing consulting and engineering contract between the companies, which was concluded with a subsidiary of the SUAS GROUP, and relates to the planned plant in the Czech Republic. The Czech companies plan to utilise the synergy effects on site and will integrate the gas produced during thermolysis into the existing plant for further utilisation. The planned plant will convert 23,000 tonnes of end-of-life tyres into valuable resources every year. The planned investment volume is CZK 1.4 billion (approx. EUR 57 million).

VTTI, a global leader in energy storage and infrastructure, has entered into an agreement with Pyrum Innovations AG, an expert in the recycling of waste tyres via thermolysis, to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp Terminal (ATPC). This agreement marks a significant step towards integrating sustainable waste management solutions into VTTI’s infrastructure and marks another important step in Pyrum’s international expansion plans.