What Pyrum Innovations does

Pyrum Innovations AG is a Dillingen/Saar-based recycling technology company that operates a patented thermolysis (pyrolysis) process to convert end-of-life tires, rubber, and plastic waste into high-value secondary raw materials. The process thermally decomposes granulated waste in oxygen-free vertical reactors, recovering ThermoTireOil® (REACH- and ISCC EU-certified pyrolysis oil), ThermoTireBlack® (recovered carbon black, rCB), steel wire (96%+ purity), and textile fibers, with the process gas generating sufficient energy for autonomous plant operation.

The company earns revenue through three primary streams: (1) direct plant operations selling recovered raw materials, anchored by a long-term TTO offtake with BASF under the ChemCycling™ project and a Continental supply agreement for TTB following May 2026 unlimited delivery approval; (2) engineering and consulting services tied to ongoing customer and partner projects, which drove the largest share of FY2025 revenue; and (3) technology licensing and joint-venture economics, most notably the UniPyrum JV with UNITANK (49% Pyrum) targeting up to ten plants across Europe. Headcount stands at 11–50, and the company is publicly listed on the Scale segment of the Frankfurt Stock Exchange under ISIN DE000A2G8ZX8.

Pyrum is in an investment phase: FY2025 revenue was EUR 4.1M against an EBIT loss of EUR -8.7M and free cash flow burn of EUR -10.4M, with liquidity of EUR 11.08M as of March 31, 2026, after raising approximately EUR 21M via capital increases in 2025 plus a EUR 29.4M European Innovation Fund grant for a flagship Greek project with Thermo Lysi SA. EBITDA breakeven is guided to 2027, contingent on ramp of the new pelletizing plant, UniPyrum JV commissioning, and downstream TTB orders from Continental and other tire manufacturers.

Name

Pyrum Innovations

Legal name

Pyrum Innovations AG

Website

https://pyrum.net

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Pyrum Innovations AG operates patented thermolysis technology to convert end-of-life tires into recovered carbon black (TTB), pyrolysis oil (TTO), steel wire, and textile fibers. It sells recovered raw materials and licenses plants, serving BASF, Continental, Schwalbe, and other chemical, tire, and industrial customers.

Ownership category

akta.pro rank

Product category

Industrial Recycling Technology

NAICS

Synthetic Rubber Manufacturing (325212), Petrochemical Manufacturing (32511)

SIC

Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Industrial Organic Chemicals (2860)

akta.pro primary industry

Tire Recycling & Processing (Shredding, TDF, Pyrolysis Feedstock) (IMANAMAF)

akta.pro secondary industries

Waste Pyrolysis (Plastics/tires/biomass-to-oil/char) (EUAAAKAF), Thermal Treatment (Pyrolysis, Gasification, Plasma) for Residual Waste (EUAIACAI), WtE Plant Development, EPC & O&M Services (Project delivery and operations) (EUAAAKAK)

Keywords

• Tire pyrolysis recycling
• Thermolysis technology
• Recovered carbon black
• Pyrolysis oil production
• Waste tire processing

Headquarters

HQ city

Dillingen

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. Plant Operations & Product Sales: Revenue from operating recycling plants producing and selling recovered raw materials including ThermoTireOil® (TTO), ThermoTireBlack® (TTB), steel wire, and fabric fibers. The company operates its main plant in Dillingen/Saar which was expanded with two additional reactors (TAD2, TAD3) in 2024.
2. Engineering & Consulting Services: Higher revenues from consulting and engineering services in connection with ongoing customer and partner projects, including design and development of thermolysis plants for partners and joint ventures.
3. Technology Licensing & Joint Ventures: Pyrum licenses its patented thermolysis technology to joint ventures (e.g., UniPyrum) and international partners. First UniPyrum contract was in the high six-figure euro range covering approval process and basic engineering.
4. Waste Tire Disposal Services: End-of-life tire disposal and recycling services including 'Green Workshops' where tires are accepted for processing.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels10 records

Core offering

Pyrum Innovations AG operates patented thermolysis plants that recycle end-of-life tires into secondary raw materials, including TTO (ThermoTireOil pyrolysis oil), TTB (ThermoTireBlack recovered carbon black), steel wire, textile fibers, and permanent gas. The company also designs, builds, and licenses industrial, semi-industrial, and laboratory thermolysis plants, and provides engineering services and operational support to plant owners and joint ventures such as UniPyrum.

Product overview

Pyrum Innovations AG is a recycling and plant engineering company that has developed a proprietary, patented thermolysis (pyrolysis) technology for processing end-of-life tires, rubber, and plastic waste into high-quality secondary raw materials. The company's product portfolio centers on its core thermolysis process and includes four primary recovered materials: Pyrum TTO (ThermoTireOil®) - pyrolysis oil; Pyrum TTB (ThermoTireBlack®) - recovered carbon black; Pyrum Stahldraht - steel wire; and Pyrum Gewebefasern - textile fibers. Pyrum also designs and builds thermolysis plants at laboratory, semi-industrial, and industrial scales, which are marketed globally to contract partners. The company operates its own flagship plant in Dillingen/Saar, Germany, and is expanding through joint ventures such as UniPyrum. Key customers include BASF (for TTO offtake), Continental (for TTB), Schwalbe (for bicycle tires), and Mercedes-Benz (for automotive plastics from recycled materials).

Differentiator

Problem solved

Functional benefit

Products and services

• Pyrum Gummigranulat (Rubber Granules)

Quantifiable outcome

• 72% CO2 savings compared to German mixed old tire disposal average (Fraunhofer UMSICHT 2022)
• +4 more outcomes

Named customers5 records

Segments5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• UNITANK Holding GmbH & Co. KGcoreStrategic or Co-development Partner · 1 January 2026Pyrum and UNITANK founded joint venture UniPyrum in January 2026. Pyrum holds 49% equity, UNITANK holds 51%. The JV plans to build 5-10 recycling plants across Germany and Europe, starting with Emleben, Thuringia. Each site will have minimum 3 thermolysis reactors processing ~22,000 tonnes of tires annually. First engineering contract signed in February 2026 in high six-figure euro range.
• Continental AGcoreStrategic or Co-development Partner · 1 March 2022Continental partnered with Pyrum to expand tire recycling through pyrolysis. The partnership involves supply of ThermoTireBlack® (TTB) from Pyrum for use in Continental tire production. Continental granted unlimited delivery approval for TTB from Pyrum's new grinding and pelletizing plant in May 2026. Continental targets over 40% renewable/recycled materials in tires by 2030.
• Schwalbe GmbHcoreStrategic or Co-development PartnerSchwalbe uses Pyrum's thermolysis technology for bicycle tire recycling. The recovered carbon black from old bicycle tires flows back into the manufacturing process for new Schwalbe bicycle tires, closing the material cycle.
• Thermo Lysi SAflagshipStrategic or Co-development PartnerGreek partner for major project with EUR 29.4M European Innovation Fund grant. This flagship international project represents a major expansion of Pyrum's technology deployment in Europe.
• Mercedes-BenzcoreStrategic or Co-development PartnerMercedes-Benz uses Pyrum TTO (ThermoTireOil®) combined with biomethane as raw material for manufacturing new vehicle plastic components, such as door handles, at BASF.
• VAUDEminorStrategic or Co-development PartnerVAUDE uses Pyrum TTO as raw material for producing polyamide used in outdoor clothing, demonstrating the versatility of recovered raw materials in various industries.
• UniPyrum (Joint Venture)coreStrategic or Co-development PartnerJoint venture entity (49% Pyrum, 51% UNITANK) created to build and operate up to 10 recycling plants across Germany and Europe. First plant under development at UNITANK tank farm in Emleben, Thuringia.
• SUAS reTIRE s.r.o.minorStrategic or Co-development PartnerProject company established in Czech Republic as part of Pyrum's international expansion strategy.

Scale indicators18 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Scandinavian Enviro Systems AB: Swedish publicly listed company specializing in pyrolysis-based recovery of carbon black and oil from end-of-life tires. Most direct global comparable to Pyrum's thermolysis platform with similar target products (rCB, pyrolysis oil) and tire recycling focus.
• Bolder Industries: US-based tire pyrolysis company producing recovered carbon black, oil, and steel from end-of-life tires. Competes with Pyrum for the same OEM tire manufacturers and rCB off-take customers in the European and global market.
• Genan A/S: Danish end-of-life tire recycling company operating one of Europe's largest tire recycling facilities. Competes directly with Pyrum for tire feedstock supply and downstream recycled-material sales, though primarily using mechanical recycling rather than pyrolysis.
• Tire Recycling Solutions (TRS): European tire recycling technology provider using thermal processes to recover rCB, oil, and steel from end-of-life tires. Competes with Pyrum's thermolysis plants in licensing and plant engineering for tire recyclers.

Broad incumbents

• BASF SE: Global chemical incumbent and Pyrum's anchor offtake customer for TTO via the ChemCycling project; also a strategic equity investor since 2020. Operates broadly in petrochemicals and circular raw materials overlapping Pyrum's downstream applications.
• Orion S.A. Leading global supplier of carbon black serving tire, rubber, and specialty applications. Competes head-to-head with Pyrum's TTB in the recovered carbon black value proposition to tire OEMs and could expand into pyrolysis-based rCB at scale.
• Continental AG: Global tire manufacturer that granted Pyrum unlimited delivery approval for TTB in May 2026. A key customer and strategic partner for rCB offtake; represents the largest addressable tire-OEM customer base for Pyrum's recovered materials.
• Cabot Corporation: Global specialty chemicals company and one of the world's largest producers of carbon black. Represents a competitive incumbent in carbon black supply to tire manufacturers and could displace rCB adoption or vertically integrate into tire pyrolysis.

Others

• UNITANK Holding GmbH & Co. KG: Hamburg-based tank cleaning and waste management group that holds 51% of the UniPyrum joint venture with Pyrum. Critical infrastructure/logistics partner providing existing tank-farm sites for thermolysis plant deployment.
• Schwalbe (Ralf Bohle GmbH): European bicycle tire manufacturer and Pyrum customer using recovered carbon black from bicycle tire recycling. An adjacent downstream offtake partner demonstrating Pyrum technology's applicability beyond automotive tires.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/PyrumAG
• YouTubeyoutube.com/@pyrumag
• Facebookfacebook.com/PyrumAG
• LinkedInlinkedin.com/company/pyrum-innovations-ag
• Instagraminstagram.com/pyrum_ag

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pyrum Innovations