Pyrum announces further pyrolysis JV
Recycling company Remondis Group recently signed a letter of intent with Pyrum Innovations. The partners intend to set up a plant for reclaiming raw materials from end-of-life tyres on a site in Bremen, Germany that’s owned by Weserport, a subsidiary of Remondis sister company Rhenus. This plant will be capable of recycling 20,000 tonnes of tyres annually.
“We are incredibly proud that Remondis has chosen our technology and is now taking the step with us to build a factory based on Pyrum technology,” says Pascal Klein, chief executive officer of Pyrum. “This is another important milestone in increasing our recycling capacity to meet the high demand for our end products. The new plant will also help to sustainably transform the used tyre market and take a further step towards the circular economy.”
Expanding collaboration with BASF
Klein shares that chemical company BASF SE will purchase the pyrolysis oil produced in Bremen, adding that “through the project, we are further expanding the existing trusting collaboration” with BASF. On 15 November, Pyrum Innovations separately signed a cooperation agreement with BASF Antwerpen NV regarding the financing of new pyrolysis plants.
“It is in the DNA of our company to create and further develop material cycles. We are therefore very pleased about the partnership with Pyrum, in which we are taking on a previously very challenging material stream that to date could only be used thermally,” says Jürgen F. Ephan, managing director of Remondis Recycling GmbH & Co. KG. “Together we are actively contributing to making our society and economy a little more circular instead of linear. The recovered raw material carbon black can be completely reused in the production of new tyres. This is the ideal case of the circular economy.”
The timetable set out by Remondis and Pyrum’s will see the companies commence preparing the approval documents required for construction in the next few weeks and submitting these in the first half of 2024. An investment of approximately 40 million euros is required for the plant in Bremen.
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