26.06.2023 Pyrum Innovations AG  DE000A2G8ZX8

EQS-News: World's first bicycle tyre made from used tyres: Pyrum supplies rCB for Schwalbe's 'Green Marathon'


 

EQS-News: Pyrum Innovations AG / Key word(s): Alliance/Product Launch
World's first bicycle tyre made from used tyres: Pyrum supplies rCB for Schwalbe's 'Green Marathon'

26.06.2023 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


World's first bicycle tyre made from used tyres: Pyrum supplies rCB for Schwalbe's "Green Marathon"

  • First product from the Schwalbe Recycling System developed by Pyrum, Ralf Bohle GmbH and TH Köln on the market
  • Pyrum supplies recovered carbon black (rCB) for the production of the innovative bicycle tyre and thus contributes significantly to saving more than a third of CO2 eQ compared to the predecessor model
  • "Green Marathon" receives Eurobike Award and as the only product also the Green Award at the Eurobike trade fair in Frankfurt

Dillingen / Saar, 26 June 2023 - Pyrum Innovations AG ("Pyrum", the "company", ISIN: DE000A2G8ZX8), a pioneer in the sustainable recycling of end-of-life tyres (ELT) based on its patented pyrolysis technology, and bicycle tyre manufacturer Ralf Bohle GmbH (brand: "Schwalbe") have developed the world's first bicycle tyre made from recycled tyres. In the process, 100% recovered carbon black (rCB) from Pyrum is used to manufacture the "Green Marathon", which serves as a direct product of the recycling process and replaces fossil carbon black.

The production of the innovative bicycle tyre saves more than one third of CO2 eQ compared to the predecessor model. To determine the CO2 savings, a detailed Product Carbon Footprint (PCF) of both models was calculated and evaluated according to the common IPCC AR6 standard (GWP 100, excl. biogenic CO2).

Pascal Klein, CEO of Pyrum Innovations AG: "The Green Marathon is an impressive example of how Pyrum can close the recycling loop with its partners. We are proud that our recycled material forms the basis for the world's first bicycle tyre made from end-of-life tyres. This development is further proof of our commitment to sustainability and the circular economy. Together with Schwalbe, we will continue to work on creating environmentally friendly solutions for the tyre industry and continuously expand recycling opportunities."

A new benchmark in environmental friendliness: The "Green Marathon" is the first product to emerge from the Schwalbe Recycling System. This is a joint project by Pyrum, Ralf Bohle GmbH and the TH Köln (University of Applied Sciences), which enables the world's first and to date only holistic process for recycling end-of-life bicycle tyres. Overall, the "Green Marathon" consists of 70 % recycled and renewable materials, uses only fairly traded natural rubber and thus closes the recycling loop. For this product innovation, the "Green Marathon" received the Eurobike Award at the Eurobike trade fair in Frankfurt and – as the only product – also the Green Award, which is awarded for remarkable product innovations in the field of sustainability.

 

About Pyrum Innovations AG

Pyrum Innovations AG is active in the attractive recycling market for end-of-life tyres with its patented pyrolysis technology. Pyrum's pyrolysis process is energy self-sufficient and, according to the Fraunhofer Institute, saves significantly more CO2 emissions than today's standard recycling processes for end-of-life tyres - especially compared to incineration in cement plants - and produces new raw materials such as pyrolysis oil, gas and recovered carbon black from the waste used as input materials. In this way, Pyrum closes the recyclable material loop and pursues a completely sustainable business model. As a pioneer, Pyrum Innovations AG was the first company in the end-of-life tyre recycling sector to receive REACH registration from the European Chemicals Agency (ECHA) for the pyrolysis oil it produces. This means that the oil is recognised as an official raw material that can be used in production processes. In addition, Pyrum has received ISCC PLUS certification for the pyrolysis oil and the recovered carbon black. Both products are thus considered sustainable and renewable raw materials. In addition, Pyrum has received ISO 14001 certification for its environmental management system and ISO 9001 certification for its quality management system. These achievements have also been recognised by international experts in the tyre industry. For example, Pyrum won the Best Tyre Recycling Innovation category at the inaugural Recircle Awards and has been nominated for the “Grand Prix Mittelstand” (“Großer Preis des Mittelstandes”) from the German state of Saarland.

https://www.pyrum.net/

 

Contact

IR.on AG
Frederic Hilke
Phone: +49 221 9140 970 
Email: [email protected] 

 

Pyrum Innovations AG
Dieselstr. 8
66763 Dillingen / Saar 
Email: [email protected]

 



26.06.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Pyrum Innovations AG
Dieselstraße 8
66763 Dillingen/Saar
Germany
Phone: +49 6831 959 480
E-mail: [email protected]
Internet: www.pyrum.net
ISIN: DE000A2G8ZX8
WKN: A2G8ZX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich
EQS News ID: 1665135

 
End of News EQS News Service

1665135  26.06.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
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Umsatzerlöse1 0,00 0,03 0,17 0,66 0,92 0,98 1,15
EBITDA1,2 0,00 -1,25 -0,75 -2,22 -6,51 -5,06 -7,09
EBITDA-Marge3 0,00 -4.166,67 -441,18 -336,36 -707,61 -516,33
EBIT1,4 0,00 -1,99 -1,70 -3,44 -8,14 -7,62 -9,17
EBIT-Marge5 0,00 -6.633,33 -1.000,00 -521,21 -884,78 -777,55 -797,39
Jahresüberschuss1 0,00 -1,90 -1,78 -3,57 -8,35 -7,81 -9,51
Netto-Marge6 0,00 -6.333,33 -1.047,06 -540,91 -907,61 -796,94 -826,96
Cashflow1,7 0,00 -1,15 -1,62 -2,17 -3,91 -6,93 -6,22
Ergebnis je Aktie8 0,00 0,00 0,00 -1,10 -2,57 -2,40 -2,92
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Christian Hecht

INVESTOR-INFORMATIONEN
©boersengefluester.de
Pyrum Innovations
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2G8ZX 29,700 96,64
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 0,00 0,00 -11,89
KBV KCV KUV EV/EBITDA
4,32 - 84,25 -13,51
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
in %
Hauptversammlung
0,00 0,00 0,00 18.07.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
28.06.2024 27.09.2024 22.11.2024 16.05.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-8,00% -13,18% -6,01% -33,11%
    
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Umwelt/Recycling , A2G8ZX , PYR , XETR:PYR