Pyrum Innovations AG
PYR
ISIN DE000A2G8ZX8 / Valor 112115467
Pyrum Innovations AG
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About company
Pyrum Innovations AG operates within the recycling industry, focusing on the innovative processing of used tyres through its proprietary thermolysis technology. This method is notable for being energy self-sufficient and for its ability to convert rubber waste into valuable secondary raw materials such as thermolysis oil, gas, and recycled carbon black (rCB), effectively contributing to the circular economy. The company's technology has been recognized for its environmental benefits, including significant CO2 emissions savings compared to traditional tyre recycling processes. Pyrum Innovations AG has achieved notable industry certifications, including a REACH registration from the European Chemicals Agency (ECHA) for its thermolysis oil, marking it as an official raw material suitable for production processes, and ISCC PLUS certification for both its thermolysis oil and rCB, affirming these products as sustainable and renewable. These accomplishments underscore Pyrum's role as a leader in the European tyre recycling sector and its commitment to advancing sustainable recycling practices.
Summarized from source with an LLMView SourceSector: IndustrialsKey figures
Performance
Volatility
114 M
Market cap (USD)
Daily traded volume (Shares)
28.7 / 27.5
1 day high/low (USD)
52 weeks high/low (USD)
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