Pyrum expects the start of construction in the Czech Republic in the second quarter of 2025 with a target of an annual recycling capacity of up to 23,000 tonnes of end-of-life tyres planned
The Czech companies SUAS GROUP and Sokolovská uhelná, in cooperation with Pyrum are planning to build a tyre recycling plant at their Vřesová complex.
The project results from the existing consulting and engineering contract between the companies, which was concluded with a subsidiary of the SUAS GROUP, and relates to the planned plant in the Czech Republic. The Czech companies plan to utilise the synergy effects on site and will integrate the gas produced during thermolysis into the existing plant for further utilisation. The planned plant will convert 23,000 tonnes of end-of-life tyres into valuable resources every year. The planned investment volume is CZK 1.4 billion (approx. EUR 57 million).
“We are among the first companies in the world to utilise this innovative technology within our industrial complex in Vřesová. 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 tons of CO₂ annually,” said Martin Čermák, Board Member of SUAS GROUP and Sokolovská uhelná.
David Najvar, Chairman of the Board of SUAS GROUP, emphasised the importance of the collaboration with Pyrum Innovations AG; “We greatly appreciate that Pyrum Innovations AG, the holder of this revolutionary patent with experience in similar projects across the EU, has become our partner. Together, we are fulfilling the vision of developing a circular economy and sustainability in handling specific types of waste and their disposal within our region and the Czech Republic.”
Construction of the new plant is set to begin in the second quarter of 2025 and is expected to take 24 months, with completion targeted for 2027. Pyrum Innovations AG and SUAS GROUP will establish a joint venture for the joint construction and operation of the plant. Pyrum will acquire a stake of 49 per cent in the company. Pyrum’s equity in the Project is covered by existing loan framework agreements.
Pascal Klein, CEO of Pyrum Innovations AG added; “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.”
