Press release
of Pyrum Innovations AG

Pyrum Innovations AG: Warm commissioning of lines 2 and 3 in Dillingen has
started
o	Start of production imminent
o	Throughput of reactor 2 will be increased to 75% in the near future, line 3
will follow subsequently.

Dillingen / Saar, 30 October 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 successful start of the warm commissioning of reactors 2 and 3 at its main
plant in Dillingen/Saar. This means that the first oil will soon be produced
from the new lines. The approval authorities have already given the green light
for the start of production.

In the last few weeks, the cold commissioning has been completed, all parts
calibrated and tested. The automatic operation has already been tested for
several weeks and the training of the staff has been completed. The plant is
filled with all media, the leak test has been carried out and it is ready for
production. As soon as the production has started, the throughput of the first
new line will be successively ramped up to 75%. Then all the experience gained
from line 2 is transferred to line 3 and line 3 is also ramped up to 75%
throughput as quickly as possible. After that, both lines together are gradually
ramped up to 100%. The entire process up to full capacity utilisation is carried
out as quickly as possible, but may take several months. 

Pascal Klein, CEO of Pyrum Innovations AG: "We are very happy to start
production in our two new lines soon. Everything went extremely well during the
cold commissioning, which has already been completed, and the hot commissioning,
which has already started, and we are very satisfied. We are now on the last
metres of our site expansion in Dillingen, tripling our capacity to 20,000
tonnes of end-of-life tyres per year. In parallel, our work on six other sites
is progressing rapidly."

In addition, the ESG rating agency EcoVadis again awarded Pyrum Innovations AG
silver status in its annual recertification, confirming the sustainability of
the Pyrum business model.



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