Pyrum to set up JV pyrolysis plant

German pyrolysis end-of-life tyre recycling specialist Pyrum Innovations AG has established a joint venture to build and operate a pyrolysis plant in Straubing, Bavaria. Together with a trio of partners, it will establish Revalit GmbH, a recycling plant with a capacity to process 20,000 tonnes of tyres per annum. Pyrum holds a 25 per cent share in the joint venture, as do Munich-based firms MCapital GmbH, Textor GmbH and Auer Holding GmbH. The plan is to have the facility operational by 2024.
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