Pyrolyx AG: Pyrolyx USA facility construction on schedule
Pyrolyx USA facility construction on schedule
Pyrolyx AG, one of the world's largest producers of recovered carbon black (rCB) from end of life tires, has completed construction of the main building and main exterior areas of its new production plant in Terre Haute, Indiana. Pyrolyx and its partners are now working on interior finishes, and will begin installation of the process equipment in the coming months.
Commissioning of the plant is scheduled for early 2019, after which it will produce around 13,000 metric tons of Pyrolyx rCB annually. This means that Pyrolyx will be able to recycle about 4 million scrap tires, equivalent to approximately 1% of the annual scrap tire volume in the US, every year in an eco-friendly manner. The resulting rCB will be used to produce new tires, plastics and industrial rubber products by Pyrolyx's customers across the US. The company has operated a modern rCB facility in Germany since 2012. For further updates on construction progress, go to www.pyrolyx.com
About Pyrolyx AG
Pyrolyx AG is the world leader in the extraction of rCB (recovered carbon black) from end-of-life tires. Conditioned rCB is used to manufacture new tires as well as in the masterbatch and technical rubber industries. In addition to operating an ultramodern rCB plant in Stegelitz Germany, Pyrolyx builds a plant in Terre Haute, USA.
Shares in the company (WKN A2E4L4) are listed on the stock exchanges in Düsseldorf and Frankfurt as well as on m:access (Munich Stock Exchange) and the ASX (Australian Securities Exchange), and also traded on the electronic trading system Xetra. For more information, please go to www.pyrolyx.com / www.carbon-clean-tech.com.
Contact: Rolf-Hendrik Arens VP Communications & IR
06.02.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: 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: firstname.lastname@example.org Internet: www.pyrolyx.com ISIN: DE000A2E4L42 WKN: A2E4L4 Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich, Stuttgart End of News DGAP News Service