Press Release
of Pyrum Innovations AG

Initial work has begun at the new Pyrum site in Perl-Besch

o	Approval for the "clear-cutting" was granted at the end of last week: Clearing
work has started as planned
o	Site is being prepared for the construction area of the Pyrum plant and the
new shredder

Dillingen / Saar, 28 February 2024 - Pyrum Innovations AG continues to make good
progress with its roll-out plan. Yesterday, the first works at the new Pyrum
site in Perl-Besch started after the municipal council approved the development
plan earlier this month. With the planned start of the clearing work, the site
is now being prepared for further construction work. At the end of last week,
Pyrum received permission to clear the site, thus creating the basis for the
construction area for the Pyrum plant and the new shredder. With a size of
approximately 8,500 m2, this area is the first construction part of the planned
new plant.

Pascal Klein, CEO of Pyrum Innovations AG: "We are continuing to work at full
speed on our roll-out plan and have managed to start work on the new site in
just three months. The further approval process with the authorities is already
in full swing and we look forward to the start of construction of our new site."

Pyrum Innovations AG plans to build its second pyrolysis plant in Saarland in
Perl-Besch by the end of 2025, based on the model of the main plant in
Dillingen/Saar, with a capacity of 20,000 tonnes of end-of-life tyres (ELT) per
year, which means doubling the current production capacity. Construction is
scheduled to start in the second half of 2024.


About Pyrum Innovations AG
Pyrum Innovations AG is active in the attractive recycling market for
end-of-life tyres and various plastics with its patented pyrolysis technology.
Pyrum's pyrolysis process is largely energy self-sufficient and, according to
the Fraunhofer Institute, saves significantly more CO2 emissions than today's
standard recycling processes for end-of-life tyres - especially compared to
incineration in cement plants - and produces new raw materials such as pyrolysis
oil, gas and recovered carbon black from the waste used as input materials. In
this way, Pyrum closes the recyclable material loop and pursues a completely
sustainable business model. As a pioneer, Pyrum Innovations AG was the first
company in the end-of-life tyre recycling sector to receive REACH registration
from the European Chemicals Agency (ECHA) for the pyrolysis oil it produces.
This means that the oil is recognised as an official raw material that can be
used in production processes. In addition, Pyrum has received ISCC PLUS
certification for the pyrolysis oil and the recovered carbon black. Both
products are thus considered sustainable and renewable raw materials. In
addition, Pyrum has received ISO 14001 certification for its environmental
management system and ISO 9001 certification for its quality management system.
These achievements have also been recognised by international experts in the
tyre industry. For example, Pyrum won the Best Tyre Recycling Innovation
category at the inaugural Recircle Awards and has been a finalist in the Grand
Prix of German SMEs (Großer Preis des Mittelstandes) three times in a row.
https://www.pyrum.net/en/

Contact
IR.on AG 
Frederic Hilke 
Phone: +49 221 9140 970	
Email: pyrum@ir-on.com  

Pyrum Innovations AG
Dieselstr. 8
66763 Dillingen / Saar	
Email: presse@pyrum.net