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Pyrum Innovations
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Developer of Thermolysis plants to transform rubber and plastic wastes into oil, gas, and coke

Founded in 2007
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Company type Private Public ()
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Industry Group waste & recycling

Sector waste management

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Germany Dillingen, Germany
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Updated by Cleantech Group on 10/05/2020

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Date Partner Type
11/23/2023
Remondis Remondis
REMONDIS and Pyrum Innovations AG sign a declaration of intent and start planning a joint recycling plant in Bremen. The plant is supposed to have a recycling capacity of 20,000 tons of old tires per year, from which the raw material carbon black will be recovered.
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Confirmed by Remondis
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IPO INFORMATION

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Date Investors Type Amount
09/21/2020 BASF BASF , BASF Venture Capital BASF Venture Capital (2)
Post-money valuation of
The investment is part of BASF's ChemCycling Project. Pyrum is currently running a pyrolysis plant for end-of-life tires that can process up to 10,000 tons of tires per year. Until the end of 2022, two additional production lines will be added to the existing plant. BASF will uptake most of the pyrolysis oil and process it into new chemical products
Project Finance $18,815,200
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