Dillingen (Saar) station

EQS-News: Pyrum Innovations AG publishes financial figures for the first nine months of 2023

Retrieved on: 
Thursday, December 14, 2023

Sales in the first nine months totalled EUR 842 thousand, around 18% higher than in the same period of the previous year (9M 2022: EUR 714 thousand).

Key Points: 
  • Sales in the first nine months totalled EUR 842 thousand, around 18% higher than in the same period of the previous year (9M 2022: EUR 714 thousand).
  • Own work capitalised amounted to EUR 9,828 thousand (9M 2022: EUR 13,171 thousand) as construction of the plant expansion in Dillingen progressed according to plan.
  • Cash and cash equivalents as of 30 September 2023 amounted to EUR 4,410 thousand (31 December 2022: EUR 12,519 thousand).
  • For the full year 2023, the management is currently expecting sales of between EUR 1.1 million and EUR 1.5 million.

EQS-News: Pyrum Innovations AG: Scientific study by the Fraunhofer Institute confirms enormous CO2 savings of the Pyrum pyrolysis process

Retrieved on: 
Thursday, December 14, 2023

A scientific study by the Fraunhofer Institute recently published in the renowned journal “Resources, Conservation and Recycling” proves that Pyrum's pyrolysis process offers significant CO2 savings compared to conventional methods.

Key Points: 
  • A scientific study by the Fraunhofer Institute recently published in the renowned journal “Resources, Conservation and Recycling” proves that Pyrum's pyrolysis process offers significant CO2 savings compared to conventional methods.
  • Overall, the Pyrum pyrolysis process results in a CO2 saving of 703 kg CO2 equivalent per tonne of ELT.
  • Pascal Klein, CEO of Pyrum Innovations AG: “The pyrolysis of ELT using the Pyrum process is superior to conventional utilisation methods.
  • This means that the database is very robust and the results underline the enormous potential of the Pyrum pyrolysis technology in ELT recycling.”

EQS-News: Pyrum Innovations AG: BASF supports Pyrum in financing the current rollout plan with an initial EUR 25 million

Retrieved on: 
Wednesday, December 13, 2023

Dillingen / Saar, 15 November 2023 - Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8) and BASF Antwerpen NV have today signed a new cooperation agreement.

Key Points: 
  • Dillingen / Saar, 15 November 2023 - Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8) and BASF Antwerpen NV have today signed a new cooperation agreement.
  • The agreement provides for a conditional loan of initially EUR 25 million, to be drawn in tranches, which will serve as start-up financing for the realisation of Pyrum Innovations AG's concrete project pipeline until 2026.
  • Pascal Klein, CEO of Pyrum Innovations AG: “The phase between proving that a new technology works and achieving stable results, i.e.
  • the industrial rollout, is a very big challenge for companies after the initial start-up phase in terms of financing.

EQS-News: Pyrum Innovations AG: Warm commissioning of lines 2 and 3 in Dillingen has started

Retrieved on: 
Tuesday, November 7, 2023

Dillingen / Saar, 30 October 2023 - Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8), a pioneer in the sustainable recycling of end-of-life tyres (ELT) based on its patented pyrolysis technology, announces the successful start of the warm commissioning of reactors 2 and 3 at its main plant in Dillingen/Saar.

Key Points: 
  • Dillingen / Saar, 30 October 2023 - Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8), a pioneer in the sustainable recycling of end-of-life tyres (ELT) based on its patented pyrolysis technology, announces the successful start of the warm commissioning of reactors 2 and 3 at its main plant in Dillingen/Saar.
  • This means that the first oil will soon be produced from the new lines.
  • Pascal Klein, CEO of Pyrum Innovations AG: “We are very happy to start production in our two new lines soon.
  • Everything went extremely well during the cold commissioning, which has already been completed, and the hot commissioning, which has already started, and we are very satisfied.

EQS-News: Pyrum Innovations AG continues international expansion - Construction of fifth Pyrum pyrolysis plant planned in Czech Republic

Retrieved on: 
Tuesday, October 17, 2023

Dillingen / Saar, 10 October 2023 - Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8) plans to build a Pyrum pyrolysis plant in the Czech Republic together with a Czech energy group.

Key Points: 
  • Dillingen / Saar, 10 October 2023 - Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8) plans to build a Pyrum pyrolysis plant in the Czech Republic together with a Czech energy group.
  • A consulting contract has been signed with a subsidiary of the group to prepare the permit for the construction of the tyre recycling plant and to submit the building application.
  • This means that synergies and the existing structures can be benefited from in the planning and implementation of the new plant.
  • Pascal Klein, CEO of Pyrum Innovations AG: “We are looking forward to this groundbreaking project.

EQS-News: Pyrum Innovations AG publishes figures for the first half of 2023

Retrieved on: 
Saturday, September 16, 2023

Sales in the first six months amounted to EUR 501 thousand and were thus slightly higher than in the first half of 2022 (EUR 485 thousand).

Key Points: 
  • Sales in the first six months amounted to EUR 501 thousand and were thus slightly higher than in the first half of 2022 (EUR 485 thousand).
  • Own work capitalised amounted to EUR 7,613 thousand (H1 2022: EUR 8,495 thousand) as construction of the plant expansion in Dillingen progressed according to plan.
  • Cash and cash equivalents as of 30 June 2023 amounted to EUR 5,431 thousand (December 31, 2022: EUR 12,519 thousand).
  • Pyrum Innovations AG will offer an English-language webcast for investors, private shareholders and members of the press on the current business development on Monday, 18 September 2023, at 10:00 am (CEST).

EQS-News: Pyrum Innovations AG offers webcast for investors on 18 September 2023, 10.00 a.m. (CEST)

Retrieved on: 
Saturday, September 16, 2023

Pyrum Innovations AG offers webcast for investors on 18 September 2023, 10.00 a.m. (CEST)

Key Points: 
  • Pyrum Innovations AG offers webcast for investors on 18 September 2023, 10.00 a.m. (CEST)
    The issuer is solely responsible for the content of this announcement.
  • Pyrum Innovations AG offers webcast for investors on 18 September 2023, 10.00 a.m. (CEST)
    Online presentation via webcast for shareholders, press representatives and analysts
    Dillingen / Saar, 8 September 2023 - Pyrum Innovations AG (“Pyrum”, the “company”, ISIN: DE000A2G8ZX8) invites interested investors, private shareholders and members of the press to attend the online presentation of the Executive Board on the occasion of the publication of the consolidated interim report for the first half of 2023.
  • In the webcast, CEO Pascal Klein and CFO Kai Winkelmann will provide an overview of the financial figures for the first half of 2023, an update on the current business development as well as the company's outlook.
  • There will also be a Q&A session following the presentation.

EQS-News: Pyrum Innovations AG and Thermo Lysi SA are planning to build recycling plant in Greece

Retrieved on: 
Saturday, September 16, 2023

Dillingen / Saar, 14 September 2023 – Pyrum Innovations AG (“Pyrum”, the “company”, ISIN: DE000A2G8ZX8) has already started preliminary discussions with Thermo Lysi SA to develop a new plant for the recycling of end-of-life tyres (ELT) in Greece.

Key Points: 
  • Dillingen / Saar, 14 September 2023 – Pyrum Innovations AG (“Pyrum”, the “company”, ISIN: DE000A2G8ZX8) has already started preliminary discussions with Thermo Lysi SA to develop a new plant for the recycling of end-of-life tyres (ELT) in Greece.
  • Pyrum has agreed to perform all the necessary planning that will be used for building permits, as required by the Greek Law, for the new plant, approximately 140 km north of Athens.
  • Pascal Klein, CEO of Pyrum Innovations AG: “We are looking forward to realising this groundbreaking project in Greece together with Thermo Lysi SA.
  • An existing tyre recycling unit with a shredder is already located at a nearby site of the planned plant.

EQS-News: Pyrum Innovations AG: Supervisory Board member acquires shares from the Executive Board OTC

Retrieved on: 
Friday, August 4, 2023

Dillingen / Saar, 4 August 2023 - Pascal Klein, CEO and largest individual shareholder of Pyrum Innovations AG ("Pyrum", the "Company", ISIN: DE000A2G8ZX8), has sold a total of 4,000 Pyrum shares from his holding to Supervisory Board member Jürgen Opitz over the counter (OTC) on 31 July 2023.

Key Points: 
  • Dillingen / Saar, 4 August 2023 - Pascal Klein, CEO and largest individual shareholder of Pyrum Innovations AG ("Pyrum", the "Company", ISIN: DE000A2G8ZX8), has sold a total of 4,000 Pyrum shares from his holding to Supervisory Board member Jürgen Opitz over the counter (OTC) on 31 July 2023.
  • Mr Opitz thus slightly increases his shareholding and holds around 8% in Pyrum including attributable shares.
  • The relevant notifications of Pyrum Innovations AG on directors' dealings pursuant to Art.
  • Through the OTC transaction, we wanted to prevent a possible influence on the share price due to the tightness of the market for Pyrum shares."

EQS-News: Pyrum Innovations AG nominated for renowned 'Rising Star' award

Retrieved on: 
Thursday, July 20, 2023

Dillingen / Saar, 20 July 2023 - Pyrum Innovations AG ("Pyrum", the "Company", ISIN: DE000A2G8ZX8), a pioneer in the sustainable recycling of end-of-life tyres (ELTs) based on its patented pyrolysis technology, has been nominated for the “Rising Star” award.

Key Points: 
  • Dillingen / Saar, 20 July 2023 - Pyrum Innovations AG ("Pyrum", the "Company", ISIN: DE000A2G8ZX8), a pioneer in the sustainable recycling of end-of-life tyres (ELTs) based on its patented pyrolysis technology, has been nominated for the “Rising Star” award.
  • This year, Pyrum is the only German company among the nominees in this category.
  • Pascal Klein, CEO of Pyrum Innovations AG: "Being nominated as a 'Rising Star' by FESE is an extraordinary honour for us.
  • In addition to Pyrum, eight other European companies are in the running for the prestigious “Rising Star” award.