Pyrum enters partnership with Siemens

Pyrum Innovations AG, a Dillingen, Germany-based company specializing in sustainable recycling of end-of-life tires (ELT) based on its patented pyrolysis technology, has entered a partnership with German technology group Siemens. Pyrum says the aim of the partnership is to further promote, optimize and scale its pyrolysis plants technologically and economically with Siemen’s digitalization and automation portfolio.

Siemens will support Pyrum and Pyrum’s customers in the selection of optimal technology in the areas of process automation, process analytics, drive technology and digitalization, among other things. In addition, Siemens will help with the optimization of process procedures as well as with training and further education by jointly organizing workshops and training sessions. The plan is to start implementing the various measures immediately, Pyrum says.

Pyrum's pyrolysis plant in Germany has been operating since May 2020, according to its website. The company has a two pillar business model that includes recurring revenues from plant ownership and revenues from sale of plants to other operations.

After BASF and Continental, the partnership with Siemens is Pyrum’s third agreement with a well-known German industrial company. Pyrum also has cooperated with numerous internationally operating companies, such as Michelin, Pirelli, Schwalbe and Eldan.

“We are constantly trying to develop our pyrolysis plants and increase both productivity and user-friendliness in order to continue to provide the best offer on the market,” says Pascal Klein, CEO of Pyrum Innovations AG. “We are convinced that our partnership with Siemens will make our pyrolysis plants even more attractive to existing and potential customers. In doing so, we are driven by the long-term goal of achieving a circular economy in ELT recycling as soon as possible.”