Pyrum Innovations AG Secures Plant Purchase in Czech Republic

Pyrum Innovations AG has signed a plant purchase agreement with SUAS reTire for a thermolysis plant in Sokolov, Czech Republic. This is the first external agreement for Pyrum, marking a new phase of international expansion. The joint venture has secured full financing, concluding loan agreements with a Czech bank.

The planned facility will feature three thermolysis reactors, focusing on recycling end-of-life tyres with an annual capacity exceeding 22,000 tonnes. The existing industrial infrastructure at Sokolov, including a power plant operated by SUAS Group, will efficiently convert energy generated during the pyrolysis process.

Initial payments from SUAS reTire will facilitate swift project implementation, with the plant expected to be operational by spring 2028.