02:43 AM EDT, 08/14/2026 (MT Newswires) -- Pyrum Innovations (PYR.F, PYRUM.OL) and its Suas reTire joint venture with Suas Ecology agreed to purchase a thermolysis plant for use in a proposed recycling facility in Sokolov, Czech Republic. The joint venture also secured bank financing for the project, according to a Friday release. The facility is expected to have an annual recycling capacity of over 22,000 tonnes of end-of-life tires. Initial construction works have already started, with commissioning expected in the spring of 2028.

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