Pyrum progresses new German plant, stays focused on Europe

Dillingen, Germany – German waste tire pyrolysis company Pyrum Innovation AG has progressed its second commercial plant in Germany as the public consultation period for the facility in Perl-Besch has come to an end.

“The six-week public consultation period for the new development plan has now expired,” said Pyrum CEO Pascal Klein in an update to investors 8 May.

According to the company leader, there were no objections from public authorities and/or organisations such as Greenpeace or NABU (the nature and biodiversity conservation union).

The company, Klein confirmed, has ordered and paid a deposit for the three new reactors and a pelletising plant for the site and the first foundation work is set to begin in the summer.

Furthermore, of the seven other projects being pursued by Pyrum in Europe, two in Greece and the Czech Republic have “the most advanced plans,” Klein added.

On whether or not Pyrum intended to enter the US, Klein said the “quick and simple” answer was no.

“We have a fully booked pipeline in Europe for the next two to three years, so it is currently not expedient to grow outside Europe,” he added.