BOrse Express – PRESS RELEASE: Pyrolyx AG: Continental and Pyrolyx conclude five-year agreement on the supply of recycled carbon black (german)

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Pyrolyx AG: Continental and Pyrolyx conclude five-year agreement to supply recycled carbon black

DGAP-News: Pyrolyx AG / Key word (s): Incoming orders
Pyrolyx AG: Continental and Pyrolyx announce five-year agreement
Delivery of recycled carbon black

10.11.2019 / 23:00
The content of the communication is the responsibility of the issuer / publisher.

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- Delivery of 10,000 tons per year within the next five years
planned
- Pyrolyx expects to recycle over 3,000,000 used tires and more than
25,000 tons of CO emissions per year as a result of this agreement
save.
- Use of recycled soot in different tire segments

Hannover, November 11, 2019. The technology group and manufacturer of
Premium tires Continental and Pyrolyx have been added in recent years
Developments in the technology field of recovered carbon black
collaborated. The aim of this joint development work was the
Basis for the use of recovered carbon black (rCB) in various
Tire segments in tire production. Pyrolyx and
Continental are pleased to announce that the companies have one
five-year contract to supply rCB to the world's tire plants
from Continental.

This announcement is an important step in addressing the global
Challenge, the sustainability of tire manufacturing and the
To improve material consumption. Pyrolyx expects over 3,000,000
Used tires processed and CO emissions compared to conventional
Soot by more than 25,000 tons per year as a result of this agreement
be reduced.

"Continental is pleased to announce this long-term collaboration with Pyrolyx
to respond as it is our commitment to improving sustainability
underlines our products and processes. We focus on innovative,
environmentally friendly technologies for our customers and provide at the same time
sure that our tires meet the highest safety standards, "says
Dr. Andreas Topp, Vice President Materials and Process Development and
Industrialization at Continental.

Thomas Redd, CEO of Pyrolyx USA, explains, "This
Supply Agreement is a very positive development for Pyrolyx and
confirms our approach to the recovery of soot from scrap tires and the
Acceptance of rCB worldwide. The validation of the pyrolyx rCB is a
'Turning point' for pyrolyx and the industry for the recovery of soot. '

The supply agreement supports the growth of Pyrolyx with additional
Production sites in North America and Eastern Europe and specifies the sales
for the next three years, rising to 10,000 tons a year. These
The agreement underlines the commitment of Continental and Pyrolyx for
the creation of ecologically sustainable supply chains in tire manufacturing.

Continental develops groundbreaking technologies and services for the
sustainable, networked mobility of people and their goods. The 1871st
Founded technology companies provide secure, efficient, intelligent
and affordable solutions for vehicles, machinery, traffic and transportation.
Continental achieved 2018 preliminary sales of 44.4 billion euros
and currently employs about 244,000 people in 60 countries and markets.

The Tires division has 24 production and development sites
worldwide. As one of the leading tire manufacturers with around 54,000
Employees achieved 2018 provisional sales of 11.4 billion
Euro. Continental is one of the technologically leading tire producers and
has a broad product portfolio for passenger cars, commercial vehicles and
Two-wheelers. His continuous investment in research and development
make a significant contribution to safer, more economical and
ecologically efficient mobility. This includes services for the
Trade and fleet deployments, as well as digital management systems around
Commercial vehicle tires.

Pyrolyx AG (WKN A2E4L4) is the world leader in the production of rCB
(Recovered Carbon Black) from scrap tires. rCB is used both for the production of
New tires as well as used in plastics, technical industry, rubber
and masterbatch industry.

The shares of the company (ARBN: 618 212 267) are listed on the stock exchanges in
Frankfurt and Dusseldorf listed, as well as CDIs on the ASX (Australian Stock
Exchange) under the ticker PLX (ASX: PLX). Further information can be found
at www.pyrolyx.com

Press contact

Michael Nehring
Media Relations Manager
Passenger and Truck Tires
Region Europe, Middle East & Africa

Continental Division Tires
Buttnerstrasse 25,
30165 Hannover, Germany

Telephone: +49 511 938 21813
Fax: +49 151 938 2230
Email: [email protected]

Pyrolyx AG
Communications & Investor Relations
Att: Director Marketing

Landshuter avenue 8-10
80637 Munich, Germany

Telephone: +49 89 21027 200

Email: [email protected]

The press release is available in the following languages ​​:: German, English

Left

Presseportal
www.continental-press.com

Media Center:
continental.com/media-center

Pyrolyx site:
www.pyrolyx.com

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10.11.2019 Publication of a Corporate News / Financial News,
transmitted by DGAP - a service of EQS Group AG.
The content of the communication is the responsibility of the issuer / publisher.

The DGAP distribution services include legal reporting requirements,
Corporate News / Financial News and Press Releases.
Media archive at http://www.dgap.de

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   Language: German
   Company: Pyrolyx AG
                   Landshuter avenue 8-10
                   80637 Munich
                   Germany
   Telephone: +49 (0) 89 54558 310
   E-Mail: [email protected]
   Internet: www.pyrolyx.com
   ISIN: DE000A2E4L42
   WKN: A2E4L4
   Exchanges: Regulated unofficial market in Dusseldorf (primary market), Frankfurt
   EQS News ID: 908845

   End of the message DGAP News Service
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908845 10.11.2019
  ISIN DE000A2E4L42

AXC0082 2019-11-10 / 23: 00
Copyright dpa-AFX Business News GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.



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