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 and Polyfuels Sign Letter of Intent to jointly build and operate 4 pyrolysis plats.
Link Summary Articles
Euronext – Stock Exchange Oslo
Establishment of a joint venture planned within the next 12 months.
Oslo Børs – Oslo Stock exchange
Finansavisen – Financial newspaper, Norway
Anleggene vil være basert på Pyrums teknologi og bygges av Circular Tyres AS, et datterselskap av Polyfuels.
Pyrum Innovations Enters Partnership with Polyfuels for Pyrolysis Plants.
Intent to jointly build and operate four pyrolysis plants.
Tyrepress – Germany
Pyrum & Polyfuels building 4 JV pyrolysis plants.
German pyrolysis technology company Pyrum Innovations AG has signed a letter of intent with Norway’s Polyfuels Group AB to jointly build and operate up to four pyrolysis plants for the processing of end-of-life tyres (ELT). The joint venture plants will be based on Pyrum technology and will be realized by Circular Tires AS, a wholly owned subsidiary of Polyfuels. The partners intend to build pyrolysis plants for recycling waste tyres in Norway, Sweden, Finland and Estonia by 2030.
Tyre & Rubber Recycling Magazine
Pyrum Innovations takes another step in its plans to expand its technology in partnership with specialist partners by creating new plants in markets across Europe.