Pascal Klein, CEO of Pyrum Innovations AG:

“After our successful IPO in Oslo, our cooperation with Polyfuels is a first important step for the development of the Nordic market. We are pleased to be working with an equally ambitious partner who – like us – has set itself the goal of striving for a circular economy in the field of waste recycling. The Scandinavian countries are pioneers in this respect and we want to contribute to achieving the demanding goals.”

Pyrum will support its partner in all phases of the project, from the planning and construction of the plants to the basic process design and possible distribution channels for the raw materials and products.

Geir Langeland, CEO Polyfuels Group AB:

“Polyfuels started the process over a year ago in order to be first mover in the Nordic region regarding ELT projects. Today’s systems in the Nordic region are obviously not sustainable. After evaluating ELT technologies we concluded that Pyrum has an optimal turnkey solution for ELT with a complete business model, not at least regarding offtake ELT oil with BASF. We have already started pre-studies on four projects with partners and located concrete sites for the ELT plants in all countries.”