Pyrum Innovations says it is all set to commence construction on a tyre pyrolysis plant in V?esová, Czech Republic, in partnership with the Suas Group and Sokolovská uhelná. Construction work will start in the second quarter of 2025 and the completion is targeted for 2027. With an estimated investment of EUR57 million, the plant will be able to process 23,000 tonnes/year of end-of-life tyres into useful materials.
Pyrum and Suas Group will establish a joint venture for the joint construction and operation of the plant. Pyrum will purchase a 49% share in the business. Existing loan framework agreements cover Pyrum’s stake in the project.
The Czech businesses intend to incorporate the gas generated during thermolysis into the current plant for further use and to take use of the synergy effects on site.
Martin ?ermák, Board Member of Suas and Sokolovská uhelná, said, “We are among the first companies in the world to utilise this innovative technology within our industrial complex in V?esová. The site has the necessary infrastructure not only for the facility’s construction but also for utilising the gas produced during pyrolysis, which is rich in hydrogen and methane. The technology is extremely environmentally friendly, as confirmed by the recently completed Environmental Impact Assessment (EIA). Among other benefits, the project as a whole, significantly reduces the carbon footprint – by more than 18,000 tonnes of CO2 annually.”
Pascal Klein, CEO, Pyrum Innovations, said, “The collaboration with the Suas Group represents further progress for the development of the circular economy in Europe. This project demonstrates the high adaptability of our technology. Thanks to the efficient use of the gas on site, the end-of-life tyres can be almost completely recycled. Even though each site has individual potentials and designs, the core of our technology remains constant. We are looking forward on a very successful partnership and to the next phase of our collaboration, realising the joint plant at the new site.”