Pyrum Innovations Publishes Consolidated Financial Report For H1 2024
- By TT News
- September 30, 2024
Pyrum Innovations AG (Pyrum) has published its consolidated financial report for the period from 1 January to 30 June 2024.
Both the company's financial situation and its half-year results were primarily defined by investments made at the Dillingen/Saar headquarters, orders for plant components that required a lengthy lead time for the new Perl-Besch site, personnel expansion and organisational structure development. Furthermore, the rCB pelletising plant's throughput volumes remained below goal.
Revenue in the first six months totalled EUR 708 thousand and was therefore EUR 41.3 1TP3 thousand higher than in the first half of 2023 (EUR 501 thousand). Own work capitalised amounted to EUR 3,614 thousand (H1 2023: EUR 7,613 thousand) as the expansion and optimisation of the plant in Dillingen progressed as planned. The decrease corresponds to the lower cost of materials required to produce own work capitalised as the degree of completion of the plant expansion in Dillingen increases. As expected, total operating performance fell by around EUR 44,000 thousand to EUR 4,536 thousand (H1 2023: EUR 8,155 thousand) compared to the same period of the previous year due to lower own work capitalised. At EUR 800 thousand, other operating income more than doubled compared to the same period of the previous year (H1 2023: EUR 356 thousand). This was due to investment grants totalling EUR 531 thousand (EUR 151 thousand) for the creation of jobs in Dillingen resulting from the plant expansion. The consolidated net loss for the period amounted to EUR ‑4,787 thousand (H1 2023: EUR ‑4,408 thousand). Available liquidity increased to EUR 9,502 thousand as at 30 June 2024 (31 December 2023: EUR 4,483 thousand) due to the payment of two further loan tranches from BASF for the construction of the plant in Perl-Besch.
As a result of lower costs, the company expects earnings before interest and taxes (EBIT) of EUR ‑10.0 million to EUR ‑12.0 million for 2024 to be slightly above the previously expected range of EUR ‑11.0 million to EUR ‑13.0 million.
As a result of the lower-than-planned throughput of the pelletising plant to date, the company assumes that sales will probably not meet the original forecast until the fourth quarter. As a result, sales of between EUR 1.9 million and EUR 2.4 million are now expected for the year as a whole (originally EUR 3.0 million to EUR 4.0 million). In addition, total operating performance is also expected to be lower than planned at around EUR 10 million (originally EUR 25 million to EUR 30 million). Contrary to planning, no plant purchase agreement has yet been concluded, as the approval process required for a final investment decision has not yet been completed despite the progress made on the projects. The company is dependent on the processing times of the approval authorities.
Pascal Klein, CEO, Pyrum Innovations AG, said, “We can look back on an exciting and successful first half of the year at Pyrum. Our industrial series plant is finally up and running and the start-up phase of the new TAD 2 and TAD 3 production lines has been successful. This has laid the foundations for our future development. We are currently doing everything we can to ensure that TAD 2 and 3 can soon go into continuous operation, which will also be reflected in the figures in the future. We are also focussing on financing further expansion.”
Hankook Prepares iON Race Tyre For Gruelling Monaco E-Prix Double-Header
- By TT News
- May 16, 2026
Hankook Tire’s iON Race compound faces its most demanding test of the ABB FIA Formula E World Championship season this weekend as the championship’s sole tyre supplier arrives for the 2026 Monaco E-Prix. The double-header Rounds 9 and 10 of Season 12 take place on 16 and 17 May around the 3.337-kilometre Circuit de Monaco, where the specialised tyre must handle everything from tight hairpins to high-speed tunnel blasts.
The Principality’s layout features 19 turns and dramatic elevation shifts, creating a constantly changing environment for the rubber. Drivers emerge from the shaded Sainte-Dévote ascent into direct sunlight along Beau Rivage, then brake heavily for the Grand Hotel Hairpin before accelerating through the tunnel towards the harbour. Each lap subjects the iON Race to alternating low-speed loads and high-frequency thermal spikes, demanding consistent response across its entire operating range without a single moment of mechanical sympathy.

With two full race days on consecutive dates, teams cannot rely on track evolution alone to manage tyre behaviour. Shifting grip levels between Saturday qualifying and Sunday’s race, compounded by changing light conditions around the circuit, force every squad to prioritise repeatability. Hankook has engineered the iON Race to deliver stable warm-up and predictable thermal control, allowing drivers to execute energy management strategies even when braking zones and cornering loads vary lap by lap.

Hankook continues to bridge racing innovation to road cars. Recent fan activations at Miami and Berlin displayed iON tyres fitted to Nissan and DS Automobiles’ latest EVs, demonstrating how motorsport-derived grip and consistency translate into everyday electric mobility. The Monaco double-header now serves as the next proving ground for that technology transfer.
Manfred Sandbichler, Senior Director, Hankook Motorsport, said, “Monaco presents a unique challenge where precision and consistency are critical from the first lap. With limited room for error, tyre performance needs to be predictable across a wide range of conditions. The iON Race is designed to support that consistency, allowing teams to manage performance effectively across both qualifying and race conditions.”
Anyline And B&H Worldwide Modernise Aerospace Tyre Operations With AI
- By TT News
- May 16, 2026
Anyline, a global leader in mobile AI and intelligent data capture technology, has stepped in to help transform how aircraft tyre inventories are managed in New Zealand, supporting logistics firm B&H Worldwide with its mobile AI and data capture tools. The technology has been woven into B&H’s existing FirstTRAC platform, targeting the unique demands of aerospace supply chains where precision and tracking are essential.
Processing times for tyre-related stock tasks have fallen by 60 percent since the system went live. Error rates have dropped sharply, landing between 80 and 90 percent, while data accuracy now sits above 99 percent. The number of tyres handled per hour has also climbed by roughly 30 percent, with warehouse teams using mobile devices to log key tyre details directly on the floor.
New Zealand was chosen as the launch pad for the global pilot, setting a template for future rollouts across B&H’s broader network. The Anyline mobile and web software development kits feed a continuous stream of live data into FirstTRAC, covering stock checks, dispatch requests and bulk uploads. That real-time visibility strengthens compliance and creates a clear digital trail for high-value assets.
For Anyline, the project shows how AI can remove friction from manual logistics work, especially in aerospace where every part must be traceable. The next site already lined up is Melbourne, marking a clear step forward in B&H’s wider push towards digitised, resilient operations.
Christoph Braunsberger, CEO, Anyline, said, “We’re proud to support B&H Worldwide in transforming a highly specialised aerospace logistics workflow with AI. This implementation demonstrates how intelligent tyre data capture can improve speed, accuracy and traceability in safety-critical operations.”
Lee Hedges, Branch Manager, B&H Worldwide New Zealand, said, “This implementation represents a significant step forward in how we manage high-value, safety-critical inventory. By introducing real-time tyre scanning, we’ve improved accuracy, speed and traceability across our operations. For our customers, it means greater visibility, faster reporting and increased confidence in the integrity of their stock.”
- Continental
- Continental PremiumContact 7
- Continental SportContact 7
- Continental UltraContact NXT
- Summer Tyre Tests
Continental Dominates 2026 European Summer Tyre Tests
- By TT News
- May 16, 2026
Continental has emerged as the dominant force in the 2026 independent European summer tyre tests, securing 13 outright wins and 19 podium finishes across 24 evaluations conducted by leading automotive publications and mobility organisations. The results span a diverse range of tyre segments and test conditions, reinforcing the German manufacturer’s reputation for consistent top-tier performance.
The company’s tyres excelled particularly in braking, wet grip and overall balance, showing reliability across vehicle classes from sustainable products to ultra-high-performance applications. Independent testers repeatedly highlighted Continental’s strong braking performance, high levels of wet adhesion and well-rounded driving behaviour, confirming its premium ambitions.

Among the standout achievements, the PremiumContact 7 was named overall winner in the Auto Zeitung UHP summer tyre test, praised for its balanced wet and dry handling. The SportContact 7 claimed first place in the Auto Bild sportscars UHP test, recognised for precise handling and shortest braking distances. Meanwhile, the UltraContact NXT achieved a leading position in the AvD summer tyre test, proving that sustainability-focused designs can deliver strong core safety performance.

Continuous development in tread design, compound technologies and tyre construction underpins these results, allowing a blend of safety, efficiency and driving dynamics. The 2026 test season ultimately demonstrates Continental’s ability to deliver reliable top-level results across a broad portfolio and a wide range of independent evaluations.
Andreas Schlenke, Tire Expert at Continental, said, “These results confirm the consistency of our product performance across different segments and test conditions. They show that our focus on braking, wet grip and overall balance translates directly into strong results in independent testing.”
Hankook Supplies Ventus F200 Racing Tyre To HWA EVO.R For 2026 Nürburgring 24 Hours
- By TT News
- May 15, 2026
Hankook Tire is supplying its Ventus F200 racing tyre to the HWA EVO.R sedan, competing in the 2026 Nürburgring 24 Hours, taking place from 14 to 17 May in Germany. Serving as the Official Technology Partner of HWA AG, Hankook is providing technical assistance throughout the race weekend with the Ventus F200 fitted to the HWA EVO.R in the open SP-X class for high-performance tuned vehicles. The racing slick is engineered for dry conditions and aims to deliver stable performance under extreme endurance racing demands.
Recognised globally in motorsport, the Ventus F200 incorporates advanced compound technologies that enhance driving performance and achieve roughly a 10 percent weight reduction over its predecessor. The tyre offers strong grip, high-speed stability and precise handling under demanding race conditions. HWA AG, founded by former Mercedes-AMG Co‑Founder Hans Werner Aufrecht, is a noted global motorsport engineering company specialising in high‑performance vehicle development.


This collaboration expands an existing strategic partnership, following Hankook’s original equipment tyre supply for the limited‑production HWA EVO last year. Hankook currently provides several ultra‑high‑performance OE products for that model, including the Ventus evo Z, Ventus evo and Winter i*cept evo3. Moving forward, Hankook plans to strengthen its premium brand competitiveness by deepening cooperation with HWA AG in both OE and motorsport sectors.



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