Pyrum Innovation (Ticker Pyrum)- the most interesting IPO from Germany this year.
The company is the global leader in chemical recycling of tires. Their plant is running since March 2020. There is no one in the world who can do this. Took 14 years to develop with BASF.
It is owned by Continental and BASF. Michelin is the main partner. Strong partners support investment thesis.
I am long Pyrum. This should be 10 times higher within three to five years.
https://seekingalpha.com/article/4459088-pyrum-innovations-co-invest-with-basf-and-continental-in-the-global-tire-recycling-leader
The company is the global leader in chemical recycling of tires. Their plant is running since March 2020. There is no one in the world who can do this. Took 14 years to develop with BASF.
It is owned by Continental and BASF. Michelin is the main partner. Strong partners support investment thesis.
I am long Pyrum. This should be 10 times higher within three to five years.
https://seekingalpha.com/article/4459088-pyrum-innovations-co-invest-with-basf-and-continental-in-the-global-tire-recycling-leader
