Pyrum and UNITANK Launch Engineering Phase for First UniPyrum Tyre Recycling Plant in Emleben

The latest announcement is out from Pyrum Innovations AG ( (DE:PYR) ).

Pyrum Innovations AG and tank farm operator UNITANK, via their joint venture UniPyrum, have signed an engineering and consulting contract to develop their first joint recycling plant at UNITANK’s Emleben site in Thuringia, marking the start of the project’s approval and basic engineering phase and securing a first high six‑figure euro order for Pyrum. The Emleben facility will be the first of five to ten planned UniPyrum locations in Germany and across Europe, each initially designed with at least three thermolysis reactors capable of recycling around 22,000 tonnes of end-of-life tyres annually; the joint venture has begun strategy work, secured initial funding to scout further sites, and plans to hire specialists to accelerate permitting and rollout, underscoring Pyrum’s growth strategy and the scaling of its recycling technology within Europe’s critical infrastructure network.

The most recent analyst rating on (DE:PYR) stock is a Buy with a NOK58.00 price target. To see the full list of analyst forecasts on Pyrum Innovations AG stock, see the DE:PYR Stock Forecast page.

More about Pyrum Innovations AG

Pyrum Innovations AG is a German cleantech company that has developed an innovative thermolysis technology to recycle end-of-life tyres and certain plastics with minimal emissions, producing high-quality outputs such as thermolysis oil and recovered Carbon Black (rCB). These secondary raw materials are used by industrial partners including BASF, Continental and Schwalbe, positioning Pyrum as a key player in circular economy solutions for the tyre and plastics value chains; its main plant in Dillingen/Saar has been in continuous operation since 2020 and expanded in 2024.

Average Trading Volume: 1,194

Current Market Cap: NOK1.29B

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