Pryme halted its testing program at Pryme One
Pryme halted its testing program at Pryme One
Pryme (the “Company”) halted its testing program today as a result of a loss of containment through the connection of the discharge valve to the main body of the reactor despite the recent repairs and improvements made to the reactor discharge valve assembly. Evaluation and subsequent repair of the discharge valve assembly for its full integrity in operations require the reactor to be cooled down. The process of cooling down, evaluation of the root cause, implementing further repairs and heating up again of the installation take their time and the Company does not expect production to restart before the beginning of March 2026. Pryme will inform the market when the testing program is resumed.
For investor inquiries: ir@pryme-cleantech.com
About Pryme | www.pryme-cleantech.com
Pryme N.V. is an innovative cleantech company focused on converting plastic waste into pyrolysis oil through chemical recycling on an industrial scale. Its efficient and scalable technology is based on a proven process that has been further developed and enhanced with proprietary characteristics. The company has initialized production at its first plant in the port of Rotterdam, with an expected nameplate intake capacity of about 26,000 tons of plastic waste annually. Pryme’s ambition is to contribute to a low-carbon circular plastic economy and to realize the large rollout potential of its technology through the development of a broad portfolio of owned-operated plants with strategic partners.
The company is listed on Euronext Growth Oslo.
Pryme can be followed on LinkedIn.
Pryme N.V. Theemsweg 5, third floor, 3197 KM Botlek Rotterdam, the Netherlands Phone +31 10 209 2990 Trade register number 75055449 www.pryme-cleantech.com