The company’s purpose is through environmentally friendly technology to operate a circular, financially profitable, sustainable activities in material recycling processes of plastic and other organic materials.
The company produces and sells end products from the chemical processes that convert plastic and organic material into liquid carbon compounds, together with industrial partners.
Pyrum Innovations is an innovative recycling technology company based in Germany. On the basis of the worldwide patented, unique thermolysis process, the company develops, builds and operates recycling plants, with the help of which Pyrum extracts raw materials of high quality from used tires, rubber and plastic waste and feeds them back into the material cycle. The raw materials obtained include thermolysis oil, for which Pyrum has received REACH certification, and recovered carbon black (rCB).Pyrum Innovations pyrolysis process is 100% Energy self-sufficient and saves up to 98 % of the CO2 emission during normal disposal, as incineration in cement factories * Pyrum Innovations AG listed on EuroNext Growth Europe 29th of September 2021 * Announced market making argreement with Pareto Securities AS 26th of January 2022 * Pyrum Innovations AG, first day of market making 27th of January 2022 * Pyrum Innovations AG capitalisation pr. Jan 1st 2023 – 210 M EUR * Amount of shares 3 253 735 – Share price pr. January 1st 2023 – 60 EUR https://www.pyrum.net
The unique Pyrum-Thermolysis is a thermal dismantling of organic substances respectively rubber and plastic waste under exclusion of oxygen. The process allows precise temperature and pressure control, which minimizes the risks during the pyrolysis process (spark-free and airtight) and guarantees raw materials of a constant, high quality. These process conditions produce vapors that condense to oil at low temperatures, permanent gas (gaseous hydrocarbon compounds) and coke.
A special feature of the patented process is that, after a single start-up of the plant with external energy, sufficient energy is generated by the recovered gas to enable self-sufficient operation of the plant. In addition, a surplus of energy is won, which can be resold as thermal or electrical energy.
For more information please check the Technical data sheets: here.