Press Release
of Pyrum Innovations AG

Pyrum Innovations AG: First pyrolysis oil produced in new reactor
o	Reactor ramped up to target temperature under production conditions for the
first time
o	All circuits run as planned in terms of process engineering 
o	Longer test production run of the reactor planned until the end of the year

Dillingen / Saar, 9 November 2023 - Pyrum Innovations AG ("Pyrum", the
"Company", ISIN: DE000A2G8ZX8), a pioneer in the sustainable recycling of
end-of-life tyres (ELT) based on its patented pyrolysis technology, announces
the first successful warm-up of the new reactor 2 at its main plant in
Dillingen/Saar. In this context, the reactor was started up and heated to the
production temperature of around 650 °C for the first time. It was fed with
granulate and the dosing system was successfully tested so that the first
pyrolysis oil could be produced in small quantities.

Pascal Klein, CEO of Pyrum Innovations AG: "In the course of the warm
commissioning that started at the end of October, we can announce the next
success story. The first warm-up was completed as planned and all systems and
circuits worked as intended. We will now analyse the findings and incorporate
them into the further warm commissioning. After a further test run in around two
weeks' time, we plan to carry out the first longer test production run of the
reactor in December and produce pyrolysis oil continuously. Reactor 3 is to
follow shortly afterwards."

After the initial warm-up, the reactor was shut down again in a controlled
manner. After the start of continuous test operation, the throughput of the
first new line is gradually ramped up to 75%. All the experience gained from
line 2 will then be transferred to line 3 and line 3 will also be ramped up to
75% throughput as quickly as possible. Both lines are then gradually ramped up
to 100%. The entire process up to full capacity utilisation is carried out as
quickly as possible, but can take several months, as is usual for plants of this
size.



About Pyrum Innovations AG
Pyrum Innovations AG is active in the attractive recycling market for
end-of-life tyres 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 nominated for the "Grand Prix Mittelstand" ("Großer Preis
des Mittelstandes") from the German state of Saarland.
https://www.pyrum.net/

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