Pyrum has signed contract signed for the planning of a new plant with a capacity of 20,000 tonnes of end-of-life tyres per year
Pyrum Innovations AG has laid the foundation for its market entry in Scandinavia. Last week, a consulting agreement was signed between GreenTech Recycling Tires AB and Pyrum Innovations AG for the construction of a joint pyrolysis plant in Sweden.
This will be another step in Sweden’s aim to better manage end of life tyres in the country.
It is planned that Pyrum will participate in the SPV with up to EUR 3 million, provided that GreenTech’s financing has been fully secured. The company is currently conducting talks in this regard. At the same time, GreenTech Recycling Tires AB has already reserved a suitable site in Billingsfors, Sweden, held talks with tyre suppliers and, with Pyrum’s support, will soon begin compiling the necessary approval documents. The official start of the project in the form of the commencement of work on the basic engineering is scheduled for the beginning of July this year. Both partners are aiming to build a plant with a recycling capacity of 20,000 tonnes of end-of-life tyres per year. Production is scheduled to start in 2027.
The 20,000 tonnes target is based on Pyrum’s model for a pyrolysis plant that has been proven in Dillingen/Saar.
Pascal Klein, CEO of Pyrum Innovations AG said; “We are very pleased about the cooperation with GreenTech as well as the trust placed in our Pyrum technology. With the construction of the joint plant in Sweden, we are taking the first major step towards opening up the Scandinavian market. We are looking forward to the new project with confidence and are now starting the further planning full of vigour.”
“For us at GreenTech Recycling Tires AB, the agreement with Pyrum Innovation AG is our stepping stone in recycling end-of-life tyres from cars and trucks, fully reusing them to make new tyres, plastics and steel products instead of incineration”, says Per-Olov Lindgren Chairman of the Board of GreenTech Recycling Tires AB. “This is the last piece in the value chain for us, since we already today have both the supply of tyres and offset of the produced products when our plant is in place”, continued Lindgren.
The consulting agreement that has now been concluded is Pyrum’s third concrete contractual agreement for the construction of a recycling plant in addition to the project with Thermo Lysi SA in Greece and the planned plant in the Czech Republic.
