Press release
of Pyrum Innovations AG

Pyrum Innovations AG: First 100% operation in the new plant in Dillingen/Saar
successfully completed

o	First test operation at maximum plant capacity in TAD 3
o	Oil and gas production reached 95% of planned maximum output
o	Next MaxCap test with TAD 2 planned in the next two weeks

Dillingen / Saar, 10 October 2024 - Pyrum Innovations AG ("Pyrum", the
"company", ISIN: DE000A2G8ZX8) has successfully completed the first so-called
MaxCap test, a trial run at 100% capacity, at the new plant in Dillingen/Saar.
During the week from 27 September to 4 October, the solids throughput of the TAD
3 line was slowly increased to full capacity and maintained for one week after
three weeks of partial load operation. The goal of four weeks of continuous
operation with maximum throughput at the end was achieved and the scheduled
maintenance shutdown took place.

During the first maximum capacity test, the solid part of the plant reached 100%
of the designed maximum output. Oil and gas production reached 95%. A blockage
occurred in the quench pump, which transports the oil and gas vapour from the
reactor to the condensers, causing the oil and gas production to remain at 95%
and not increase to 100%. In normal operation, a reserve pump is available for
such cases, which was not used for the first MaxCap test operation.

Pascal Klein, CEO of Pyrum Innovations AG: "The results of our first MaxCap test
are extremely satisfying. The fact that we were able to immediately ramp up the
plant's rCB production to 100% capacity and bring oil and gas production
directly to 95% demonstrates the efficiency of our processes. We will also
achieve the remaining 5% performance. We are already well ahead of our original
ramp-up plan, which envisaged operating at 80% performance over a period of six
months. The fact that we have already exceeded this plan confirms our progress.
Our team has done an excellent job and we are motivated to tackle the next
milestones and also to reduce the maintenance and optimisation interruptions
between plant runs."

The next MaxCap test is planned for the TAD 2 line in the next two weeks - both
quench pumps will be ready for use already at the beginning of the three- to
four-week operating period. Full capacity is then to be achieved in both rCB
production and oil and gas production. At the same time, TAD 1 and TAD 3 will
also continue to operate. The aim is to operate both new lines (TAD 2 and 3)
stably at 100% capacity by the end 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 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