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BASF AG plans to invest 16 million euros in Pyrum Innovations AG, a company specializing in pyrolysis technology for waste tires, based in Dillingen/Saar, Germany
.
With this investment, BASF will support the expansion of Pyrum's pyrolysis plant in Dillingen and the further rollout of the technology
.
Pyrum is currently operating a pyrolysis plant for scrap tires that can process up to 10,000 tons of tires per year
.
Two production lines will be added to the existing plant by the end of 2022
.
The resulting products will primarily target customers in the plastics industry who are looking for high-quality and functional plastics based on recycled materials
.
In addition, Pyrum plans to build other tire pyrolysis plants with interested partners
.
This collaborative setup will expedite the path to using Pyrum's unique technology in mass production
.
Future investors in the technology can be sure that the resulting pyrolysis oil will be used by BASF to produce high-performance chemical products
.
Therefore, the collaboration will help close the cycle of post-consumer plastic waste
.
According to DIN EN ISO 14021:2016-07, waste tires fall under the definition of post-consumer plastic waste
.
BASF and Pyrum expect, together with other partners, to build up to 100,000 tons/year of waste tire pyrolysis oil production capacity in the next few years
.
“BASF is committed to leading the transition of the plastics industry to a circular economy
.
In this regard, the replacement of fossil feedstocks with recycled feedstocks at the beginning of the chemical value chain is the main lever
,” said Hartwig Michels, President of BASF’s Petrochemicals division.
An important step towards establishing a broad supply base for pyrolysis oil and commercial-scale products to customers based on chemically recycled plastic waste
.
"
After 12 years of hard work, Pyrum is proud to be finally accepted by the market
.
Pascal Klein, founder and CEO of Pyrum, added: "We are confident that with BASF's investment, we will become one of the leaders in the tire recycling market
.
We can finally increase tire recycling and oil production capacity and focus on making our Technology is more performant
.
”
BASF will use the pyrolysis oil from end-of-life tires as a source of mixed plastic waste as an additional source of raw materials, a long-term focus of the chemical recycling project
.
Using the mass balance method, products made from pyrolysis oil have exactly the same properties as products made using major fossil resources
.
Also, they have a lower carbon footprint compared to conventional products
.
This is the conclusion of a life cycle assessment (LCA) analysis carried out for BASF by the consulting firm Sphera
.
LCA analysis in particular proves that this is the case for the production of polyamide 6
.
It is a plastic polymer that produces high-performance components for the automotive industry
.
One ton of PA6 produced by the mass balance method using Pyrum tire pyrolysis oil emits 1.
3 tons less CO2 compared to one ton of PA6 produced using fossil feedstocks
.
The lower emissions result from avoiding the incineration of end-of-life tires
.