on Pyrum Innovations AG (isin : DE000A2G8ZX8)
Pyrum and UniPyrum Advance with New Joint Venture Plant
Pyrum Innovations AG and UNITANK have entered a significant phase in their partnership by signing an engineering contract for their first joint venture plant under UniPyrum. This agreement, part of the plan to establish a plant in Emleben, Thuringia, Germany, marks a crucial step forward. The contract covers the approval process and basic engineering, representing a high six-figure euro investment.
The plant in Emleben, strategically located with excellent logistics, will be the first of five to ten planned UniPyrum locations. The joint venture aims to expand its pioneering recycling technology, producing raw materials from waste.
Future steps include identifying potential sites for two additional projects in Germany and hiring specialists to facilitate efficient implementation. Initial funding has been secured to support these developments.
R. H.
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