European recycling technology company Pyrum Innovations, together with an unnamed Czech energy company, has announced its plans to construct a pyrolysis plant in the Czech Republic.

The company has signed an engineering and consulting contract to secure permission for the construction of the building and subsequently submit the building's application.

Pyrum will oversee the basic engineering and develop sections of the approval documentation for the new plant.

The new facility will have the capacity to process 20,000 tons of end-of-life tyres annually and is being built near the Czech-German border.

It is expected to become operational in 2025.

Pyrum CEO Pascal Klein said: “We are looking forward to this groundbreaking project. Using existing infrastructure to operate the new tyre recycling facility is an approach that fits perfectly with Pyrum’s commitment to sustainability.

“The plans also underline the progressive internationalisation of our company. Together with our partner, we will contribute to the circular economy and offer a sustainable solution for used tyre recycling in the Czech Republic.”

A joint venture special purpose vehicle will be formed to develop and operate this new factory, with Pyrum expected to hold a 30% share.

The site includes ample space for future expansion plans.

The plant’s scale is planned so that its recycling capacity will potentially double by 2027.