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