Press Release
of Pyrum Innovations AG

Pyrum Innovations AG has received Recycled Claim Standard (RCS) certification
for its pyrolysis oil 

o	Pyrum has received RCS certification for its pyrolysis oil, opening new
possibilities for sustainable textile production
o	BASF takes RCS certified pyrolysis oil as a customer as part of the existing
cooperation, feeding it into production and producing Ultramid® Ccycled® using
the mass balance approach
o	Progress has been made in the expansion of lines 2 & 3 at the main plant in
Dillingen/Saar

Dillingen /Saar, 22. April 2024 - Pyrum Innovations AG ("Pyrum", the "Company",
ISIN: DE000A2G8ZX8) has received RCS sustainability certification for its
pyrolysis oil, setting another milestone in the company's commitment to
sustainable textile production. This makes Pyrum one of the first companies to
have its oil certified according to this standard. The certification ensures
that the oil meets all the necessary sustainability criteria required by Pyrum's
customer BASF for the production of its product "Ultramid® Ccyled®", a polyamide
for textile applications. Pyrum's certified pyrolysis oil is fed into the
production process by BASF and allocated to Ultramid® Ccycled® using the mass
balance approach. The mass balance process and RCS certification also ensure
transparent traceability in the supply chain.

Frank Reil, Head of Marketing & New Business Development Polyamides Europe at
BASF: "In the interest of a sustainable supply chain, we are very pleased that
Pyrum as our supplier is now also RCS certified."

Pascal Klein, CEO of Pyrum Innovations AG: "We are proud to support our partners
in achieving their sustainability goals. With the RCS certification we have
reached another milestone for the use of our oil in the textile industry. The
certification shows once again that the quality of our oil is in no way inferior
to fossil raw materials. We will continue our work with our partners on new
solutions for a sustainable circular economy." 

Meanwhile, preparations are underway for the next commissioning run of the
second reactor at the main plant in Dillingen/Saar. The aim is to generate its
own electricity from the thermolysis gas. Reactor 2 has now been ramped up to
more than 80% of its rated output and is currently on a maintenance shutdown
until it is scheduled to be commissioned within the next two weeks. Furthermore,
reactor 3 is being prepared for its first commissioning run. The start is
scheduled for calendar week 18 (29 April to 2 May 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 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 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	
Email: pyrum@ir-on.com  

Pyrum Innovations AG
Dieselstr. 8
66763 Dillingen / Saar	
Email: presse@pyrum.net