Waste tire recycler Pyrum reports higher sales, narrows loss

Dillingen, Germany – End-of-life tire (ELT) pyrolysis company Pyrum Innovations AG has reported a sharp rise in revenue and a reduced loss in the first half of 2025, while confirming its full-year forecast.

Sales for the first six months of the year rose 79% year-on-year to €1.27 million while earnings (EBITDA) improved to a loss of €2.36 million, compared to a loss of €3.18 million last year.

The company linked the improvement to one-time investment subsidies tied to expansion at its Dillingen site.

Adjusted for these grants, first-half loss stood at €4.37 million, down from a loss of €3.71 million last year, reported Pyrum 26 Sept.

Pyrum confirmed its forecast of revenue between €4.5 and €6.0 million for the full year.

“Total output”, however, is now expected in the range of €10 to €15 million, down from a previous forecast of €20 million to €25 million.

As a result, the German ELT recycler said it had postponed “extensive investments in plant components”, originally scheduled for the second half of 2025, to the first half of 2026.

Commenting on the “unforeseen delays” linked to new equipment at its flagship plant in Dilingen, CEO Pascal Klein said the company was not “yet where we want to be in terms of the throughput of the new grinding and pelletising plant.”

The problem, according to Klein, stems from a bottleneck in the conveyor technology between the grinding unit and the pelletising unit at the recently commissioned production lines TAD 2 & 3.

The plant has been undergoing warm commissioning since July 2025, and throughput has already been increased to 800 kg/h, but is far from the planned target throughput of 1,650 kg/h.

Pyrum said it is already “working closely” with the manufacturer to procure new conveyor technology.

Klein expects the necessary adjustments to ideally take place in December and “no later than in the first quarter of 2026.”

In the meantime, “a stable process” at 600–800 kg/h for 12–14 hours/day should deliver “significant increases in sales in the fourth quarter,” Klein said.

According to Klein, initial samples of recovered carbon black from the new lines have been delivered to tire makers, while German bicycle tire brand Schwalbe has purchased first small quantities.