DGAP-News: Pyrolyx AG / Key word(s): Alliance/Sustainability
Pyrolyx AG: Strategic Direction Endorsed
18.02.2014 / 11:33
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Pyrolyx AG's Strategic Direction Endorsed
Pyrolyx AG's appearance at this year's Tire Technology Expo in Cologne was
very successful. The substantial meetings held with the leading tire
manufacturers showed that Pyrolyx's strategic orientation and its
pioneering technology have been endorsed by the industry.
Pyrolyx is currently working with more than ten international tire
manufacturers on various laboratory tests and field trials to study the use
of Pyrolyx Carbon Black in tire production. At the Tire Technology Expo
alone, another four global manufacturers signaled their interest in
conducting trials with Pyrolyx Carbon Black.
In addition, following the successful conclusion of laboratory and field
testing, precise master specifications for future commercial orders have
already been agreed with the first tire manufacturers.
The Munich-based Pyrolyx is currently working on the final engineering
phase for the first two full-scale tire recycling plants in Europe, one of
which is due to open this year before ramping up to full production in
2015.
Pyrolyx AG
Pyrolyx AG is a Munich-based company specializing in practical and applied
research into environmental technology.
The company has developed a unique process that enables valuable raw
materials such as carbon black to be made from commercial rubber granules
produced from for instance end-of-life tires. Carbon black is used to
manufacture tires and various industrial rubber items. The Pyrolyx process
enables a sustainable closed recycling loop for the first time for the
reuse of scrap tires.
Pyrolyx owns all the intellectual property rights to Pyrolyx environmental
technology and has various patents pending concerning the industrial
production of carbon black. Pyrolyx AG is quoted on the Primary Market of
Düsseldorf Stock Exchange (WKN A0MFXR).
Press officer:
Rolf-Hendrik Arens
VP Communications
Pyrolyx AG - Munich
Email: arens@pyrolyx.com
Office: +49 (0) 89 856 335 50
www.pyrolyx.com
End of Corporate News
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Language: English
Company: Pyrolyx AG
Nymphenburger Str. 70
80335 München
Germany
Phone: +49 (0)89 856 335 50
Fax: +49 (0)89 856 335 55
E-mail: info@pyrolyx.de
Internet: www.pyrolyx.com
ISIN: DE000A0MFXR8
WKN: A0MFXR
Listed: Freiverkehr in Düsseldorf
End of News DGAP News-Service
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253038 18.02.2014
DGAP-News: Pyrolyx AG: Strategic Direction Endorsed
| Source: EQS Group AG