- WKN: A2E4L4
- ISIN: DE000A2E4L42
- Land: Deutschland
Nachricht vom 27.06.2019 | 10:25
Pyrolyx AG: Business Update
DGAP-News: Pyrolyx AG / Key word(s): Market launch
Munich, June 26 2019 - Pyrolyx AG (Pyrolyx or the Company) is pleased to confirm that the new generation of ovens installed in Indiana meet the anticipated recovered carbon black ("rCB") product quality parameters as well as oven performance requirements. The 20 ovens installed at Pyrolyx's Terre Haute Indiana facility are the updated design, as is the single, new oven at the Stegelitz Germany facility. The new oven at the Stegelitz facility has been operating since December 2018, and is being used to validate and improve oven-operating parameters. The new oven at Stegelitz is currently being used successfully to manufacture rCB for Pyrolyx's European customers.
Terre Haute operations are expected to commence in the next four to six weeks. All equipment has been installed and is being tested to ensure safe operation. There has been a slight delay of a few weeks, caused in part by adverse weather conditions. Operational commencement of all 20 ovens has already been successfully completed. Pyrolyx's Chief Operating Office James Van Laar said, "Completing equipment installation and working through facility start-up has been progressing well. The Pyrolyx team is extremely excited to be bringing Pyrolyx's environmentally sustainable technology to the North American market. We look forward to working with our customers, suppliers and partners as we expand our manufacturing footprint".
About the Pyrolyx Group
Pyrolyx AG (ARBN: 618 212 267) is the world leader in the extraction of rCB (recovered carbon black) from end-of-life tyres. rCB is used to manufacture new tyres as well as in the plastic, technical, rubber and masterbatch industries.
Shares in the Company (WKN A2E4L4) are listed on the stock exchanges in Frankfurt and Dusseldorf as well as on m:access (Munich Stock Exchange) and also traded on the electronic trading system Xetra and the ASX (Australian Stock Exchange) under the ticker PLX (ASX: PLX). For more information, please visit www.pyrolyx.com.
Pyrolyx AG, Munich, Germany
|Landshuter Allee 8-10|
|Phone:||+49 (0)89 54558 310|
|Listed:||Regulated Unofficial Market in Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart|
|EQS News ID:||832069|
|End of News||DGAP News Service|
Fonds Research 2019: S.E.A. Asian High Yield Bond bietet attraktive Investitionschance
Auch 2019 hat die GBC AG unter der Vielzahl an Publikumsfonds neun „Fonds Champions“ herausgefiltert. Darunter auch den S.E.A. Asian High Yield Bond (ISIN: LU1138637738), der eine gute Anlagechance anbietet mit einer Strategie, die kaum reproduzierbar ist. Insbesondere vor dem Hintergrund des anhaltenden Niedrigzinsniveaus sehen wir den Anleihefonds als äußerst attraktive Investitionschance, um nachhaltige und volatilitätsarme Renditen zu erzielen. Wir haben den S.E.A. Asian High Yield Bond mit 4 von 5 Falken eingestuft.
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