Press Release
of Pyrum Innovations AG

Pyrum receives approval for early start of construction for new plant in
Perl-Besch

o	Plant to be built on the Moselle near the border triangle
o	Planned recycling capacity of 22,400 tonnes of end-of-life tyres per year
o	Groundbreaking will take place in July 2025
o	Planned commissioning in early 2027
o	Financing talks at an advanced stage

Dillingen / Saar, 26 June 2025 - Pyrum GreenFactory II GmbH yesterday received
approval for the early start of construction of the new Pyrum plant in
Perl-Besch. Pyrum GreenFactory II GmbH is a wholly owned subsidiary of Pyrum
Innovations AG (ISIN: DE000A2G8ZX8), which was founded last year to operate the
new Pyrum plant. With the new plant, Pyrum is further expanding its recycling
capacities in Saarland - it is already the second own site that the company will
build and operate independently.

Pascal Klein, CEO of Pyrum Innovations AG: "Now that the permits have been
granted, nothing stands in the way of breaking ground. Our second own plant
marks the next important step in our rollout plan. We are delighted to finally
be able to move on to the construction phase. With the new plant, we are not
only doubling our recycling capacity, but also setting another example for
sustainable tyre recycling."

The plant is to be built on an area of around 25,000 m2 at the new site in
Perl-Besch near the border triangle between Germany, France and Luxembourg and
will have an annual recycling capacity of 22,400 tonnes of end-of-life tyres.
The convenient location with direct access to the Moselle, existing railway
lines and the nearby motorway offers ideal logistical conditions for the
delivery of used tyres and the transport of the manufactured products. Various
delivery routes are currently being examined in order to make the operation as
efficient and environmentally friendly as possible. With the approval for early
construction now received, the first tender processes can begin without delay.

Kai Winkelmann, CFO of Pyrum Innovations AG, adds: "The first part of the EUR 25
million credit line from BASF, which was agreed at the end of 2023, will be used
in particular to finance the equity share of the new plants in Perl-Besch and
the Czech Republic. In addition, we are in advanced, positive discussions with
various financing partners, including a major European bank. If the financing
talks are successfully concluded, both projects would be fully financed and the
basis for accessing the second part of the loan granted by BASF in the amount of
an additional EUR 25 million would also be established. This would provide the
company with additional financing in the high double-digit million range for
further projects in the rollout plan."

The groundbreaking ceremony for Pyrum's second own plant is scheduled to take
place in July 2025 at the new site in Perl Besch. Further information on the
start of construction will be published shortly. If construction progresses as
planned, commissioning is expected to begin in the first quarter of 2027.


About Pyrum Innovations AG

Pyrum Innovations AG has revolutionised the recycling market for end-of-life
tyres. Since 2008, the company has been developing an innovative thermolysis
technology that enables end-of-life tyres and plastics tob e recycled with
virtually no emissions. The process can recover high-quality products such as
thermolysis oil and rCB (recovered Carbon Black), which are used by renowned
partners such as BASF, Continental and Schwalbe to manufacture new products. In
this way, the company closes the material cycle and pursues a sustainable
business model in line with climate targets. Since 2020, the first plant at the
company's headquarters in Dillingen/Saar has been in continuous operation, and
two further plants have been added as part of the site expansion in 2024. Thanks
to respected certificates such as REACH and ISCC Plus, the products are
high-quality, sustainable and renewable. Pyrum has already received multiple
awards for its innovative solutions and continues to research potential waste
streams.
www.pyrum.net/en/ 

Contact us
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