Pyrum Innovations AG: Expansion of the use of Pyrum rCB in the Schwalbe tyre
product range

EQS-News: Pyrum Innovations AG / Key word(s): Alliance
Pyrum Innovations AG: Expansion of the use of Pyrum rCB in the Schwalbe tyre
product range

24.06.2024 / 14:15 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Expansion of the use of Pyrum rCB in the Schwalbe tyre product range

  * Pyrum rCB is used in the production of 70% of the Schwalbe tyre product
    range

* 940,000 bicycle tyres already recycled through Pyrum thermolysis

Dillingen / Saar, 24 June 2024 - One year after bicycle tyre manufacturer
Schwalbe introduced the world's first circular tyre using the Pyrum rCB, the
use of rCBs in tyre production is being massively expanded. From now on, 70%
of all Schwalbe tyres will be made of Pyrum rCB. Pyrum takes over the
recycling of the tyres in the recycling system. The recovered carbon black
is returned to Schwalbe to produce new bicycle tyres. The rCB replaces 100%
of fossil carbon black in the production of new bicycle tyres without
compromising on quality and at the same time saves 80% CO equivalent.
Thanks to the wide range of possible applications, rCB is now also used in
Schwalbe's high-end tyres for road, gravel and mountain bikes as well as in
city and cargo bikes.

Felix Jahn, Head of CSR at Schwalbe: "This is another milestone on our path
of ecological responsibility. Thanks to intensive research and development
work, we have succeeded in switching to the use of rCB without having to
compromise on the quality and performance of the tyres. This is always our
top priority when using recycled materials."

Pascal Klein, CEO of Pyrum Innovations AG: "It's great for us to see how our
rCB is becoming increasingly important in sustainable tyre production. The
fact that 70% of the Schwalbe range is already made from our rCB not only
proves the quality of our product, but also shows that great things can be
achieved with a lot of commitment and cooperation."

To date, 940,000 bicycle tyres have already been recycled and returned to
the cycle. Schwalbe is already conducting intensive research into using rCB
for the production of its entire tyre range in the future.

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.

https://www.pyrum.net/en/


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


---------------------------------------------------------------------------

24.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------

   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:    1931691

End of News EQS News Service
---------------------------------------------------------------------------

1931691 24.06.2024 CET/CEST