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Pyrolyx Signs with Conti

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Pyrolyx AG has signed a Letter of Intent (“LOI”) with Continental AG. The LOI details a five-year supply agreement building over two years to 10,000-15,000 tons per annum of recovered Carbon Black (rCB). The rCB will be initially supplied both from Pyrolyx’s existing plant in Stegelitz Germany and its new plant in Terre Haute Indiana, which is due to be operational in June 2019. The minimum five-year supply agreement requires the development of additional Pyrolyx manufacturing capacity in Eastern Europe.

Pyrolyx Has Signed an Agreement with Continental

Once the Eastern Euro...

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