Progress for Pyrum Innovations despite another quarter in the red
There’s no doubt that tyre makers are finding sustainable raw materials increasingly attractive, but the road to monetising such a product can be long and frustrating. Pyrum Innovations has been actively developing its thermolysis technology for 16 years now, and during this time attracted the attention and favour of major tyre industry players. This hasn’t prevented the Dillingen, Germany-based company from posting another net loss in the first nine months of 2024.
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