Pyrum signs long-term rCB supply contract with Continental
Contract with tire maker "final component to start rolling out the plants in large-scale production...”
Dillingen, Germany – Pyrum Innovations AG has signed a long-term contract with Continental AG covering the supply recovered carbon black (rBC) for use in tire compounds.
Under the deal, which builds on a 2022 joint development agreement, Pyrum will raise delivery volumes in parallel with its expansion programme.
With the agreement, the waste tire pyrolyser now has long-term serial supply contracts for both of its core products: rCB to Continental and pyrolysis oil to BASF.
“As with our pyrolysis oil, the demand for our rCB is much greater than we can currently meet,” said Pascal Klein, co-founder and CEO of Pyrum in a 30 March announcement.
The deal with Continental, which holds a minority stake in Pyrum is "the final component to start rolling out the plants in large-scale production,” continued Klein.
Pyrum is, this year, set to triple the end-of-life tire (ELT) processing capacity at its flagship facility in Dillingen, Saar, with the commissioning of second and third production lines.
In February, Pyrum announced Homburg in the German state of Saarland as the location for its next ELT recycling plant.
The planned unit will comprise three pyrolysis modules with the capacity to process 20 kilotonnes per annum (ktpa) of ELTs.
According to Pyrum, advantages of the location include proximity to the Michelin tire plant in Homburg, which is has been supplying for the past three years.
The facility will also be close to Ludwigshafen where BASF, a strategic partner and buyer of Pyrum's pyrolysis oil, is headquartered.