EQS-News

Perl municipal council approves the amendment to the development plan for the second Pyrum-owned plant in Perl

EQS-News: Pyrum Innovations AG / Key word(s): Miscellaneous Perl municipal council approves the amendment to the development plan for the second Pyrum-owned plant in Perl 21.05.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Perl municipal council approves the amendment to the development plan for the second Pyrum-owned plant in Perl

• The development plan only provides for the construction of a tyre thermolysis plant by Pyrum GreenFactory II GmbH
• Final application documents for the early start of construction are currently being prepared
• Groundbreaking planned for the second half of 2024

Dillingen / Saar, 21 May 2024 - The municipal council of Perl voted last week on the amendment to the development plan for the site of the new plant of Pyrum Innovations AG (‘Pyrum’, the ‘Company’, ISIN: DE000A2G8ZX8) and approved by a majority the amendment to the statutes and thus the new development plan. Accordingly, the construction of a tyre thermolysis plant by Pyrum GreenFactory II GmbH on the property was exclusively approved. Furthermore, the implementation agreement between the municipality of Perl and Pyrum Innovations AG was signed, which, among other things, stipulates the forest compensation areas for the building site. All comments from authorities, public bodies and the local population were also discussed and taken into account.

Pascal Klein, CEO of Pyrum Innovations AG: “We are very pleased with the support of the Perl municipal council in the process of building our second Pyrum-owned plant in Perl-Besch. I would especially like to thank the mayor, Mr Uhlenbruch, and his team for their excellent cooperation and commitment. With the approval of the amendment to the statutes of the development plan, nothing stands in the way of further planning work and the planned groundbreaking in the second half of 2024.“

The final application documents for the early start of construction are currently being prepared and are expected to be finalised and submitted by the beginning of July 2024 . Once the application documents have been approved, the groundbreaking will take place at the new site in Perl-Besch .