Scrap tire pyrolysis plant to be built in Germany

Pyrum Innovations AG, Germany, says it has established the first joint venture to build and operate a pyrolysis plant to process scrap tires in Bavaria in southern Germany.

Under the company name Revalit GmbH, the plant has been designed with the capacity to accept 20,000 tons per year of discarded tires. It will be located in the Danube River port city of Straubing and is scheduled to start operating in 2024.

“The planned location is characterized by excellent connections to the road network and also offers the possibility of transporting the goods to and from the site by rail and ship,” Pyrum says.

In addition to Pyrum, other shareholders of Revalit include MCapital GmbH, Textor GmbH and Auer Holding GmbH, all based in Munich and each with a 25 percent stake.

The contract for the start of the development activities and the start of the work for the required approval documents was concluded in mid-July, Pyrum says. “Preliminary discussions with the authorities have already taken place [and] the signing of a reservation agreement with the landowner will take place immediately after the entry of the company in the commercial register.”

Pyrum says “initial financing discussions with banks are currently underway.”

Pyrum CEO Pascal Klein says,  “We are very pleased about the realization of our first joint venture and the future cooperation with our new partners. With our planned pyrolysis plant in Bavaria, we will reach an important milestone on the way to the commercial rollout of our pyrolysis technology.”

Jens Weinberger, managing director of MCapital, says, “We are proud to have found an innovative partner in pyrolysis technology in Pyrum Innovations AG, with whom we are jointly building our first plant in Bavaria.”