Press Release
of Pyrum Innovations AG

Pyrum Innovations AG: Commissioning of TAD 2 and 3 at the main plant in
Dillingen/Saar is progressing according to plan 

o	Third commissioning run of TAD 3 successfully completed
o	Optimisation work running according to plan
o	100% performance tests on TAD 2 and 3 will be carried out shortly

Dillingen/Saar, 28 August 2024 - As part of the site expansion of Pyrum
Innovations AG ("Pyrum", the "Company", ISIN: DE000A2G8ZX8) at the main plant in
Dillingen/Saar, commissioning and optimisation work on TAD 2 and 3 are
progressing according to plan. Most recently, the third commissioning run of TAD
3 was successfully completed after three weeks of continuous 24/7 operation. The
reactor ran stably at over 70% of the planned nominal output, with the focus on
the process stability required by customers. Due to the positive optimisation
progress, Pyrum is planning to carry out a performance test on TAD 2 in the
coming weeks. The reactor is to be run up to 100% of the planned nominal output
for the first time. The data will then be evaluated and optimised before the
duration of the commissioning runs at full throughput is successively increased
and TAD 3 is then also tested at 100% of the planned nominal output.
Commissioning of the two reactors is now sufficiently advanced that no further
significant problems are to be expected and the first tests can therefore be
carried out at the maximum nominal output. 

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. It is not unusual for short periods of smoke, vapour and odours to
occur. The incidents that have occurred in this context so far, which can
usually occur during the commissioning of an industrial plant, have all been
harmless and have proven the correct functioning of our safety systems."

Interested shareholders will soon receive further information on the expansion
of the main plant in Dillingen/Saar and the new plant in Perl/Besch in Pyrum
Innovations AG's investor newsletter. The newsletter can be subscribed to at
https://www.pyrum.net/en/investors/ir-contact/.


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 thermolysis technology.
Pyrum's thermolysis 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
thermolysis 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 thermolysis 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 thermolysis 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
E-mail: pyrum@ir-on.com  

Pyrum Innovations AG
Dieselstraße 8
66763 Dillingen / Saar	
E-mail: presse@pyrum.net