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An announcement from Pyrum Innovations AG ( (DE:PYR) ) is now available.
Pyrum Innovations AG, a specialist in thermolysis-based recycling of end-of-life tyres and plastics, converts difficult waste streams into high-quality outputs such as thermolysis oil and recovered carbon black for use in new industrial products. With a continuously operating plant in Dillingen/Saar since 2020 and two additional units added in 2024, the company is scaling its low-emission recycling technology, backed by recognised sustainability certifications.
The company has now obtained ISCC EU certification for its thermolysis oil made from end-of-life tyres, allowing it to be used across the European Union as a sustainable feedstock for biofuel and other renewable energy carriers under the RED II and RED III frameworks. This accreditation opens access to regulated, fast-growing biofuel and renewable energy markets, diversifies Pyrum’s sales channels beyond traditional recyclate buyers, and enhances commercial resilience as it expands capacity, while contributing to EU decarbonisation goals by turning a hard-to-recycle waste stream into a traceable, low-carbon secondary raw material.
The certification confirms compliance with key sustainability criteria, including protection of ecologically valuable areas, reduction of greenhouse gas emissions across the value chain, and full traceability of raw material and product flows. By integrating circular-economy waste processing with energy applications under a recognised standard, Pyrum strengthens its strategic positioning at the intersection of recycling, energy security and technological sovereignty in Europe.
The most recent analyst rating on (DE:PYR) stock is a Buy with a NOK57.73 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 proprietary thermolysis technology to recycle end-of-life tyres and plastics with minimal emissions. Since 2008, it has produced high-quality outputs such as thermolysis oil and recovered carbon black (rCB), which are used by industrial partners like BASF, Continental and Schwalbe to make new products, closing material loops in line with climate targets.
The company’s first commercial plant in Dillingen/Saar has been operating continuously since 2020, with two additional plants added in 2024 as part of a site expansion. Pyrum’s products have already obtained certifications such as REACH and ISCC Plus, underlining their quality and sustainability credentials and supporting the firm’s positioning in the circular economy and low-carbon materials markets.
Average Trading Volume: 1,128
Current Market Cap: NOK1.24B
For a thorough assessment of PYR stock, go to TipRanks’ Stock Analysis page.