Pyrum in joint project to build tire recycling plant in Sweden

Dillingen, Germany – Pyrum Innovations AG has signed a partnership deal with GreenTech Recycling Tires AB for the construction of an end-of-life tire (ELT) recycling plant in Sweden.

The partners, said the German pyrolysis company, plan to build a recycling plant with a capacity to process 20 kilotonnes per annum (ktpa) of ELTs.

Pyrum will contribute up to €3 million to the ‘strategic value partnership’, provided that Swedish company GreenTech secures funds for the project.

GreenTech is currently conducting talks to obtain financial backing for the project, explained the 8 March announcement from Dillingen-based Pyrum. 

GreenTech has already reserved “a suitable site” in Billingsfors, in southwestern Sweden, and started talks with tire suppliers, added the German partner.

Supported by Pyrum, the Swedish company “will soon begin compiling the necessary approval documents,” the statement continued.

Basic engineering work for the project is scheduled to begin in July, said Pyrum, adding that production is scheduled to start in 2027.

"With the construction of the joint plant in Sweden, we are taking the first major step towards opening up the Scandinavian market,” said Pyrum CEO Pascal Klein.

For GreenTech, the agreement is a “stepping stone” in recycling ELTs from cars and trucks into new tires and other products, said chairman of GreenTech Per-Olov Lindgren.

“This is the last piece in the value-chain for us, since we already today have both the supply of tires and offset of the produced products when our plant is in place”, commented Lindgren.

The planned facility in Sweden adds to a series of Pyrum projects, under a programme to establish tire recycling facilities across Europe.

Last October, the German recycler announced plans to set up a factory in Czechia, a month after disclosing plans for a new facility in Greece.

In summer 2023, Pyrum signed an agreement with Suez recycling and recovery company for its first ELT pyrolysis plant in the UK.

At the start of last year, it signed a deal with Norwegian company Polyfuels Group AB to jointly establish four ELT pyrolysis plants – in Norway, Sweden, Finland and Estonia.

Pyrum has also just started work on its second local German project in Saarland, near the border with Luxembourg, and plans for to establish another unit in Bremen with recycler Remondis.

The company is also set to fullly start operations following an expansion project at its flagship Dillingen site, which now has an ELT processing capacity of 20ktpa.