Pyrum and GreenTech join forces to build tire recycling plant in Sweden
OSLO: A new tire recycling plant is set to be built in Sweden, thanks to a partnership between Pyrum Innovations AG and GreenTech Recycling Tires AB. The two companies signed a consulting agreement last week for the construction of a joint pyrolysis plant in Billingsfors, Sweden, that will convert end-of-life tires into valuable products such as carbon black, oil, gas, and steel.
Pyrum Innovations AG, a German company that develops and operates pyrolysis plants, will participate in the project with up to EUR 3 million, subject to GreenTech’s financing being fully secured. GreenTech Recycling Tires AB, a Swedish company that specializes in obtaining valuable products from end-of-life tires, has already reserved a suitable site for the plant, held talks with tire suppliers, and will soon begin compiling the necessary approval documents with Pyrum’s support.
The official start of the project is scheduled for the beginning of July this year, when the basic engineering work will commence. Both partners are aiming to build a plant with a recycling capacity of 20,000 tonnes of end-of-life tires per year. Production is expected to start in 2027.
Pascal Klein, CEO of Pyrum Innovations AG, said: “We are very pleased about the cooperation with GreenTech as well as the trust placed in our Pyrum technology. With the construction of the joint plant in Sweden, we are taking the first major step towards opening up the Scandinavian market. We are looking forward to the new project with confidence and are now starting the further planning full of vigour.”
Per-Olov Lindgren, Chairman of the Board of GreenTech Recycling Tires AB, said: “For us at GreenTech Recycling Tires AB, the agreement with Pyrum Innovation AG is our stepping stone in recycling end-of-life tires from cars and trucks, fully reusing them to make new tires, plastics and steel products instead of incineration. 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.”
The consulting agreement that has now been concluded is Pyrum’s third concrete contractual agreement for the construction of a recycling plant in addition to the project with Thermo Lysi SA in Greece and the planned plant in the Czech Republic. Pyrum and GreenTech are both committed to contributing to a sustainable, clean-energy future by leveraging the potential of tire recycling.
About The Author
