Zonaria pyrum

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: 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 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 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 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.

EQS-News: Pyrum Innovations AG: Pyrum founder Pascal Klein gives employees a stake in the company

Retrieved on: 
Monday, July 10, 2023

The shares were initially transferred to the company today by Pascal Klein and will subsequently be passed on by Pyrum to the approximately 70 employees evenly as a bonus within the framework of tax- and social security-free transferability.

Key Points: 
  • The shares were initially transferred to the company today by Pascal Klein and will subsequently be passed on by Pyrum to the approximately 70 employees evenly as a bonus within the framework of tax- and social security-free transferability.
  • Pascal Klein, CEO of Pyrum Innovations AG: "Since our IPO in 2021, it has been very important to me to give our employees a stake in the success and growth of our company.
  • Pyrum turns 15 this year and is now facing the next stage of development.
  • I look forward to the next few years together as we strive to establish ourselves as a leader in tyre and polymer recycling."

EQS-News: ​​​​​​Pyrum and SUEZ enter into exclusivity agreement to build Pyrum's first pyrolysis plant in the UK

Retrieved on: 
Tuesday, June 20, 2023

SUEZ will bear the costs of the approval process.

Key Points: 
  • SUEZ will bear the costs of the approval process.
  • The planned plant will comprise three pyrolysis reactors with a recycling capacity of around 20,000 tonnes of end-of-life tyres per year.
  • Following successful approval, the first plant is to be built in England.
  • With the step into Great Britain, Pyrum and SUEZ are tapping into the promising British recycling market for end-of-life tyres.

EQS-News: Pyrum Innovations AG starts commissioning of first large-scale industrial series plant

Retrieved on: 
Friday, June 16, 2023

Dillingen / Saar, 16 June 2023 – Pyrum Innovations AG (“Pyrum”, the “company”, ISIN: DE000A2G8ZX8) has started the commissioning of the thermolysis recycling plants 2&3 in Dillingen.

Key Points: 
  • Dillingen / Saar, 16 June 2023 – Pyrum Innovations AG (“Pyrum”, the “company”, ISIN: DE000A2G8ZX8) has started the commissioning of the thermolysis recycling plants 2&3 in Dillingen.
  • The recent start of the compressed air supply unit marks the beginning of the phased commissioning.
  • Over the next few weeks, the commissioning of all other parts of the entire plant will follow successively.
  • Our new plant now represents the prototype of a Pyrum thermolysis recycling plant, with which we will revolutionize the recycling of end-of-life tyres in the future.

EQS-News: ​​​​​​​Pyrum Innovations AG publishes figures for the financial year 2022

Retrieved on: 
Friday, May 19, 2023

Dillingen / Saar, 19 May 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, today presented its annual and consolidated financial statements for the 2022 financial year.

Key Points: 
  • Dillingen / Saar, 19 May 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, today presented its annual and consolidated financial statements for the 2022 financial year.
  • This represents a significant increase compared to the same period of the previous year (2021: EUR 3.7 million).
  • Pascal Klein, CEO of Pyrum Innovations AG: "Despite all the crises, we have made enormously important progress at Pyrum in the past financial year.
  • The 2022 annual and consolidated financial statements of Pyrum Innovations AG are available on the English website in the Investors section under Financial Publications.