​​​​​​​Pyrum and Siemens enter into partnership for further technological development of Pyrum’s pyrolysis plants

2022-06-24 19:41:35 By : Mr. Gofar Machinery

Anyone in England can apply to use the equity loan scheme for a self-build home

DGAP-News: Pyrum Innovations AG / Key word(s): Alliance ​​​​​​​Pyrum and Siemens enter into partnership for further technological development of Pyrum’s pyrolysis plants 23.06.2022 / 08:00 The issuer is solely responsible for the content of this announcement.

Pyrum and Siemens enter into partnership for further technological development of Pyrum’s pyrolysis plants

Dillingen / Saar, 23 June 2022 - Pyrum Innovations AG ("Pyrum"), a pioneer in the sustainable recycling of end-of-life tyres (ELT) based on its patented pyrolysis technology, has entered into a partnership agreement with the technology group Siemens. The aim of the partnership is to further promote, optimise and scale Pyrum's pyrolysis plants technologically and economically with Siemens' digitalisation and automation portfolio. Pyrum and Siemens share the goal of developing sustainable technologies as well as promoting their respective economic growth.

The partnership provides for Siemens to support Pyrum and Pyrum's customers in the selection of optimal technology in the areas of process automation, process analytics, drive technology and digitalisation, among other things. In addition, Siemens will help, for example, with the optimisation of process procedures as well as with training and further education, for example by jointly organising workshops and training sessions. The plan is to start implementing the various measures immediately. After BASF and Continental, the partnership with Siemens is already Pyrum's third agreement with a well-known German industrial company. In addition, there are further cooperations with numerous internationally operating companies, such as Michelin, Pirelli, Schwalbe or ELDAN.

Pascal Klein, CEO of Pyrum Innovations AG: "We are constantly trying to develop our pyrolysis plants and increase both productivity and user-friendliness in order to continue to provide the best offer on the market. We are convinced that our partnership with Siemens will make our pyrolysis plants even more attractive to existing and potential customers. In doing so, we are driven by the long-term goal of achieving a circular economy in ELT recycling as soon as possible."

Pyrum Innovations AG is active in the attractive recycling market for end-of-life-tyres with its patented pyrolysis technology. Pyrum's pyrolysis process is energy self-sufficient, saves a large portion of the CO2 emissions normally generated during the disposal of end-of-life-tyres in a cement plant and produces new raw materials such as pyrolysis oil, gas and recovered carbon black from the waste used as input materials. In this way, Pyrum closes the recyclable material loop and pursues a completely sustainable business model. As a pioneer, Pyrum Innovations AG was the first company in the end-of-life-tyre recycling sector to receive REACH registration from the European Chemicals Agency (ECHA) for the pyrolysis oil it produces. This means that the oil is recognised as an official raw material that can be used in production processes. In addition, Pyrum has received ISCC PLUS certification for the pyrolysis oil and the recovered carbon black. Both products are thus considered sustainable and renewable raw materials. These achievements have also been recognised by international experts in the tyre industry. For example, Pyrum won the Best Tyre Recycling Innovation category at the inaugural Recircle Awards and has been nominated for the “Grand Prix Mittelstand” ("Großer Preis des Mittelstandes") from the German state of Saarland.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.

IR.on AG Frederic Hilke Phone: +49 221 9140 970 Email: pyrum@ir-on.com

Pyrum Innovations AG Dieselstraße 8 66763 Dillingen / Saar Email: presse@pyrum.net https://www.pyrum.net/en

23.06.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich

BERLIN (Reuters) -German business morale fell more than expected in June but a recession was not yet in sight despite rising energy prices and the threat of gas shortages, a survey showed on Friday. The Ifo institute said its business climax index dropped to 92.3 following a reading of 93.0 in May, when the closely watched indicator posted a surprise recovery despite the economic impact of the Russia-Ukraine war. "Despite increased uncertainty, there are no signs of a recession at the moment," Ifo expert Klaus Wohlrabe told Reuters.

Edinburgh Waverley, London Euston, London Paddington and Liverpool Lime Street were among the stations with fewer passengers than a typical weekday.

The global residential battery market was valued at USD 9. 87 billion in 2020, and it is anticipated to reach USD 29. 63 billion by 2027, at a CAGR of 17. 09% during the forecast period, 2022-2027. In 2020, the COVID-19 pandemic moderately impacted the market due to the decrease in electricity and energy consumption and the reduction in the economic growth of the world.New York, June 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Residential Battery Market - G

The Global IoT Microcontroller Market size is expected to reach $9. 9 billion by 2028, rising at a market growth of 13. 0% CAGR during the forecast period. A microcontroller is a sort of processor that combines memory, CPU, and input/output peripherals into a single integrated circuit.New York, June 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global IoT Microcontroller Market Size, Share & Industry Trends Analysis Report By Type, By Application, By Regional

A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown.

WARWICK, United Kingdom, June 24, 2022 (GLOBE NEWSWIRE) -- Gastón Paladini, Co-Founder and CEO of Moolec Science Limited (“Moolec”) attended the two-day Future Food-Tech Alternative Proteins Summit in New York this week, where he joined fellow industrial thought leaders, and highlighted the promise of Molecular Farming to helping address the challenge of food security. “Moolec is a science-based food ingredient company, using Molecular Farming” Paladini told the summit in his presentation ‘Molec

More than half of all drivers have changed their habits in some way in response to the increase in the cost of fuel, a poll suggests.

Wearable Artificial Kidney Market Research Report by Patient Type (Acute Renal Disease and End-Stage Renal Disease), Disease Stage, Dialysis Type, End user, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19New York, June 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Wearable Artificial Kidney Market Research Report by Patient Type, Disease Stage, Dialysis Type, End user, Region - Global

Global Collision Avoidance Sensor Market Global Collision Avoidance Sensor Market Dublin, June 24, 2022 (GLOBE NEWSWIRE) -- The "Global Collision Avoidance Sensor Market (2022-2027) by Technology, Function Type, Application, Industry Vertical, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Collision Avoidance Sensor Market is estimated to be USD 4.21 Bn in 2022 and is projected to reach USD

Ready Pac Bistro logo Ready Pac Bistro Bowls feature a new look and new recycle-ready packaging. Ready Pac Bistro Bowl Chicken Caesar The Ready Pac Bistro Bowl Chicken Caesar ready-to-eat salad features a double-helping of juicy, roasted chicken breast, shredded Parmesan-style cheese and creamy Caesar dressing on a fresh bed of romaine lettuce. Ready Pac Bistro Bowl Chicken & Bacon with Creamy Caesar Dressing The NEW! Ready Pac Bistro Bowl Chicken & Bacon Caesar ready-to-eat salad brings togethe

Amazon’s Alexa will be able to resurrect the voices of dead relatives, allowing users to feel as if they are speaking to lost ones beyond the grave.

The RMT is at the centre of a continued, bitter dispute over jobs, pay and conditions.

(Reuters) -Oil rose by more than 2% on Friday supported by tight supply, although crude was heading for a second weekly fall on concern that rising interest rates could push the world economy into recession. Brent crude was up $2.78, or 2.5%, at $112.83 a barrel by 12:10 p.m. EDT (1610 GMT), while U.S. West Texas Intermediate (WTI) crude gained $3.02, or 2.9%, to $107.29. "There Fed was talking very hawkish which was undermining the oil rally, but sentiment is changing a little especially on strong economic data," said John Kilduff, partner at Again Capital LLC in New York.

The deal comes after the pandemic led to an increase in the number of self-employed borrowers and those with complex incomes.

No one chooses the mining industry for an easy lifestyle. So tough is the work that companies have long paid “FIFO” (fly-in-fly-out) workers handsomely for long stints at projects in remote locations.

Experts warn cutting the 18 cents will take a toll on highway upkeep and cause prices to rise further when the holiday ends

Global stock markets and oil prices jumped higher on Friday following recent heavy losses on fears that interest rate hikes aimed at cooling decades-high inflation will spark a global recession.

Point Of Care Diagnostics Market Size, Share & Trends Analysis Report By Product (Infectious Diseases, Glucose Testing, Cardiac Markers), By End-use (Clinics, Home, Hospitals), By Region, And Segment Forecasts, 2022 - 2030New York, June 24, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Point Of Care Diagnostics Market Size, Share & Trends Analysis Report By Product, By End-use, By Region And Segment Forecasts, 2022 - 2030" - https://www.reportlinker.com/p05879561

Pfizer on Thursday said it would extend until 2030 a drug donation programme aimed at eliminating trachoma, an eye disease responsible for blinding or visually impairing nearly two million people worldwide.

Fund will seek to invest in 10 to 15 early-stage science and technology companies.