REMONDIS, one of Germany’s largest waste management firms has signed a letter of intent with Pyrum Innovations to build a 20,000-ton pyrolysis plant in Bremen
The plant is to be located on a Weserport site in Bremen, a subsidiary of REMONDIS‘ sister company RHENUS. This follows agreements with SUEZ in the UK to develop up to six Pyrum technology plants in the UK.
These projects place Pyrum Innovations in a strong market position to both extend the coverage of its proprietary technology, but also take a growing market share of the pyrolysis oil sector and the recovered carbon black markets when these plants come online.
Deals with leading clients such as BASF, Mercedes Benz, and Continental Tires, give Pyrum ready markets for its output when the plants eventually go live.
Pascal Klein, CEO of Pyrum said; “We are incredibly proud that REMONDIS has chosen our technology and is now taking the step together with us to build a plant based on Pyrum technology. This is another important milestone to increase our recycling capacities in order to be able to meet the high demand for our end products. In addition, the new plant will help to sustainably transform the ELT market and take a further step towards the circular economy. REMONDIS, the leading German recycling company has opted for our technology. The customer for the pyrolysis oil produced at the new plant in Bremen will be the chemical group BASF SE, which will use the oil in its production network to manufacture mass-balanced products. Through this project, we are further expanding our existing trusting cooperation.”
Jürgen F. Ephan, managing director of REMONDIS Recycling GmbH & Co KG added; “It is in our company’s DNA to want to create and develop material cycles. For this reason, we are very pleased to have entered into a partnership with Pyrum in which we are taking on a very challenging material flow which, until now, could only be recycled thermally. Together, we are actively contributing to making our society and economy a little more circular instead of linear. The recovered raw material carbon black could be completely reused in the production of new tyres. This is the ideal case of the circular economy.”
It is planned that Pyrum will start preparing the approval documents required for construction in the next few weeks, which should be submitted in the first half of 2024. The investment volume for the new plant amounts to approximately EUR 40 million. Pyrum can thus further expand the pipeline for the construction of pyrolysis plants. In addition to the projected own plant in Saarland, there are currently five plants in the concrete planning and approval phase in cooperation with various partners.