The Pyrum Thermo Lysi tire pyrolysis partnership marks another milestone for European circular economy initiatives and underscores the momentum building in sustainable tire recycling.

Pyrum Innovations AG and Thermo Lysi SA have signed a EUR 2.2 million engineering contract.

The contract marks a significant milestone for the company, as it is the first engineering contract to be signed following the issuance of a construction permit for the plant.

Pyrum will now begin the detailed engineering of the planned plant, which is expected to take six months.

In parallel, Thermo Lysi SA is currently engaged in financing discussions, including talks about EU funding that could cover part of the total costs. Both companies have decided to initiate detailed engineering even before the final financing decision is finalised to prepare the next steps of the project development in a targeted manner.

Pascal Klein, CEO of Pyrum Innovations AG, said, “We are delighted that the project in Greece is moving to the next phase. It is a significant step, and we are proud that our technology will help to relieve the burden on the Greek waste tyre disposal system.”

This follows the announcement in January that Thermo Lysi SA had received approval to build a Pyrum plant for waste recycling using pyrolysis. Once the detailed planning has been completed, the internationally active Greek construction company Archirodon will adapt the documents to Greek law.

The recycling plant will be built on a site around 140 kilometres north of Athens in the Livanates region. Pyrum plans to acquire a 15 per cent stake in the project company‘s equity. Both companies currently anticipate that project preparations for the first joint plant will begin in 2025.

Learn more:

• Pyrolysis Hellas SA (“PHS”)
• Recovered Carbon Black Market Potential
• Evaluating the Path to a Sustainable Tire Industry
• Tire Pyrolysis Business Trends
• Klean’s Global Pyrolysis Projects

Don’t Just Watch the Industry Evolve — Lead It with Klean Industries

As companies like Pyrum and Thermo Lysi forge ahead in tire pyrolysis, the global shift toward circular materials is accelerating. Klean Industries offers turnkey pyrolysis systems, regulatory expertise, and project execution support for forward-looking companies ready to capitalize on end-of-life tire recycling.

Why Klean Industries?

• Decades of experience in pyrolysis & gasification
• Proven projects across Europe, Asia, and the Americas
• Production of high-quality rCB and renewable fuels

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