Pyrum Innovations AG Has Received Recycled Claim Standard (RCS) Certification for Its Pyrolysis Oil [Yahoo! Finance]
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
BASF takes RCS certified pyrolysis oil as a customer as part of the existing cooperation, feeding it into production and producing Ultramid(R) Ccycled(R) using the mass balance approach Progress has been made in the expansion of lines 2 & 3 at the main plant in Dillingen/Saar DILLINGEN , Germany and SAAR - ( NewMediaWire ) - April 22, 2024 - Pyrum Innovations AG ("Pyrum", the "Company", ISIN: DE000A2G8ZX8) has received RCS sustainability certification for its pyrolysis oil, setting another milestone in the company's commitment to sustainable textile production. This makes Pyrum one of the first companies to have its oil certified according to this standard. The certification ensures that the oil meets all the necessary sustainability criteria required by Pyrum's customer BASF for the production of its product "Ultramid(R) Ccyled(R)", a polyamide for textile applications. Pyrum's certified pyrolysis oil is fed into the production process by BASF and allocated to Ultramid(R) Ccycle
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