Press release
of Pyrum Innovations AG

Pyrum Innovations AG: Scientific study by the Fraunhofer Institute confirms
enormous CO2 savings of the Pyrum pyrolysis process
o	First data analysis of the entire process chain confirms Pyrum's pyrolysis
process saves significantly more CO2 compared to conventional recycling methods
o	"Life Cycle Assessment" by the Fraunhofer Institute for Environmental, Safety
and Energy Technology UMSICHT published in the renowned journal "Resources,
Conservation and Recycling"

Dillingen / Saar, 22 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, has once
again proven the sustainability of its business model. A scientific study by the
Fraunhofer Institute recently published in the renowned journal "Resources,
Conservation and Recycling" proves that Pyrum's pyrolysis process offers
significant CO2 savings compared to conventional methods.

The comprehensive "Life Cycle Assessment" (LCA) in the study compares the
environmental impact of the pyrolysis of ELT using the Pyrum process with other
conventional disposal methods, including incineration in cement plants and
material recycling. For the first time, data from the entire process chain of
line 1 of the Pyrum plant in Dillingen was used for this purpose. The results
show that the recycling of ELT through the Pyrum pyrolysis process is
significantly more environmentally friendly than other methods in the categories
of global warming, particulate matter and resource use. Overall, the Pyrum
pyrolysis process results in a CO2 saving of 703 kg CO2 equivalent per tonne of
ELT. By comparison, the current recycling mix in Germany achieves a saving of
561 kg CO2 equivalent per tonne of ELT.

Pascal Klein, CEO of Pyrum Innovations AG: "The pyrolysis of ELT using the Pyrum
process is superior to conventional utilisation methods. In addition to the LCA
already carried out by Fraunhofer UMSICHT last year, the study results now
published include real operating data from the mill and agglomeration. This
means that the database is very robust and the results underline the enormous
potential of the Pyrum pyrolysis technology in ELT recycling."

The complete article on the results of the Fraunhofer Institute's LCA is
available at
https://www.sciencedirect.com/science/article/pii/S0921344923003890.

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