Pyrum signs long-term supply and offtake agreements with Pirelli as part of the European Tyre-to-Tyre initiative
Germany, July 24 -- Pyrum Innovations AG has concluded long-term supply and offtake agreements with Pirelli as part of the tyre manufacturer's European Tyre-to-Tyre initiative.Under the agreements, Pirelli will purchase ThermoTireBlack(R) (TTB) produced by Pyrum for use in its European tyre manufacturing operations. In parallel, Pirelli will supply Pyrum with end-of-life and scrap tyres from defined sources in Germany.The agreements strengthen Pyrum's long-term access to feedstock while also securing an industrial application for its TTB. They therefore cover both sides of Pyrum's business model: the procurement of end-of-life tyres and the commercialisation of the secondary raw materials produced from them.Using its proprietary thermolysis...
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