strasbourg (reuters) – back to their old tires thermolysis of raw materials: it is not a dream but an industrial process innovation laboratory, a young company wants to introduce the german french paris stock exchange.
put in a reactor at a temperature of 500 to 800 degrees, without oxygen and, therefore, without combustion, the granules of rubber are divided into coal, oil and gas, as raw materials, which can be recovered and recycled.
producing more energy than it consumes, via the conversion of electricity gas, the process is also very good in its carbon footprint.
“what we need most is money to finance projects clients,” explained to reuters that german pascal klein, ceo and co-founder of the company, with the french julien dossmann, member of the board of directors.
pyrum innovations, who was born in strasbourg, but has grown to dilligen (germany), which is at the heart of the steel industry in the saarland, which aims to lift 40 to 45 million euros on euronext, with an introduction, by louis thannberger, during the first half of 2007.
the young enterprise (less than 20 employees and 2 million euros in 2016, the first marketing year five turnkey factories announcement will be sold in both countries over the next year. the rapid turnover could reach more than eur 100 million, pascal klein, 200 million over the next four years.
the funding should also enable to adjust the reaction to pyrum plastics with carbon fibers.
the establishment of pyrum, in 2007, was born in the dossmann pascal julien, klein and klaus peter schulz, a senior engineer at the origin of the patent process, which has led to the development of the process.
the market of used tires is considered promising, with a volume of 3.4 million tons per year in europe, 13.5 million tons in the world. they are used as fuels up to 35%, while 30% are processed into pellets for reuse, particularly in construction, according to data provided by the company.
pyrum soon attracted the interest of institutional actors such as oséo, alsace, saarland, the european union, which has supported its development, entered the capital, but also of the industrial cooperation which has been established to research and manufacture.
the choice of competition for the ipo is imposed because of a reform, which facilitates the entry into the market, “the most liquid and the most important on the european continent,” said the two leaders, who do not, scoring in the second period.
(gilbert reilhac, edited by yves clarice)
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Translated by forexguides.info Team