First warm-up of line 3 starts at the main plant in Dillingen

EQS-News: Pyrum Innovations AG / Key word(s): Miscellaneous
First warm-up of line 3 starts at the main plant in Dillingen

24.05.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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First warm-up of line 3 starts at the main plant in Dillingen

* Successful start of hot commissioning of reactor 3

* First production run scheduled to start next week

* Throughput to be brought up to 75 to 80% quickly

Dillingen / Saar, 24 May 2024 - Pyrum Innovations AG ("Pyrum", the
"Company", ISIN: DE000A2G8ZX8) is commissioning the third and thus last
thermolysis reactor (TAD 3) at its main plant in Dillingen/Saar. Yesterday,
following the positive commissioning process of TAD 2, the third reactor was
heated up for the first time. This involved heating the new reactor to a
temperature of around 650C for the first time.

The findings from the previous commissioning of TAD 2 were transferred in
full to TAD 3 . In recent weeks, additional minor adjustments have been made
on this basis, which have contributed to a smooth start of the new reactor .
After the reactor has cooled down and final preparatory work has been
completed this weekend, the first warm-up run with the production of
thermolysis oil and rCB is scheduled for next week. The aim is to ramp up
the throughput of TAD 3 to 75 to 80% of the target output within a few
commissioning runs. Within the next six to twelve months, TAD 2 and TAD 3
will then be successively ramped up to full capacity utilisation of 100%.

Pascal Klein, CEO of Pyrum Innovations AG: "We are proud that we will soon
be able to utilise the full potential of our thermolysis technology. Thanks
to the findings from the commissioning of TAD 2, we were able to make minor
optimisations before the start of TAD 3, which led to a smooth first warm-up
of TAD 3. With the first hot run of the last reactor, we are now on the home
stretch of our site expansion at our main plant in Dillingen."

In addition, the final commissioning of the power generation of the produced
thermolysis gas is scheduled for the next few weeks. Adjustments and
fine-tuning are currently still being carried out.

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 thermolysis
technology. Pyrum's thermolysis 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 thermolysis 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 thermolysis 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
thermolysis 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.

www.pyrum.net

Contact

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


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24.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        Pyrum Innovations AG
                   Dieselstraße 8
                   66763 Dillingen/Saar
                   Germany
   Phone:          +49 6831 959 480
   E-mail:         contact@pyrum.net
   Internet:       www.pyrum.net
   ISIN:           DE000A2G8ZX8
   WKN:            A2G8ZX
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Scale), Munich
   EQS News ID:    1910155

End of News EQS News Service
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1910155 24.05.2024 CET/CEST