Pyrum Innovations (PYRUM) AGM 2026 presentation summary

Market environment and regulatory trends

• Global end-of-life tire (ELT) market is 30.9 million tons annually, with a market value of €22.5 billion per year; Europe accounts for 3.4 million tons and €2.5 billion.

• Export bans for ELT to non-OECD countries since May 2026 and upcoming bans on rubber granulate on sports fields from 2031 are reshaping the market.

• EU regulations are increasing recycling quotas, requiring higher recycled content in new vehicles, and restricting microplastics, creating new opportunities for advanced recycling technologies.

Technology, operations, and certifications

• Proprietary technology converts waste tires into high-value raw materials: Thermo Tire Oil (TTO), Thermo Tire Black (TTB), and gas.

• The Dillingen plant has expanded, with all five turbines in regular operation and new software solutions in planning.

• GreenFactory II construction is underway, with all permits secured, a €62 million investment, and 45 new jobs expected.

• ISCC EU certification obtained in March 2026 enables TTO use as a sustainable feedstock for biofuels, expanding market access.

Partnerships, rollout, and project pipeline

• Long-term offtake agreements secured: 10 years with BASF for TTO (300,000 tons/year), Schwalbe and Continental for TTB, and tire supply contracts.

• Over 20 projects in the pipeline, 10 started, 2 joint ventures, and activities in 6 countries; 220,000 tons/year recycling volume and €600 million+ investment.

• Major projects in Greece, Czech Republic, and Germany are advancing, with joint ventures and new partnerships in progress.