Niutech Technology Group Co., Ltd.

Niutech Completes Restructuring, Signs RMB 198M UK Plastics Recycling Deal

Niutech Completes Restructuring, Signs RMB 198M UK Plastics Recycling Deal

Jinan – – September 30, 2026 -- Niutech Technology Group Co., Ltd. (SSE STAR Market: 688309) completed a group restructuring on August 26, 2026, consolidating nearly 40 years of industrial continuous pyrolysis operations as tightening EU recycling rules drive new orders for its waste tire and plastics processing lines.

UK customer signs RMB 198 million order after evaluating global peers

A UK customer assessed Niutech's European and Chinese project references, benchmarked the company against competitors worldwide, and signed an order worth RMB 198 million for chemical recycling equipment. The company frames the deal as capital-backed validation of its technology maturity in international waste plastic recycling.

Niutech Signs Deal With Global Energy Giant on Plastic-to-SAF Pyrolysis Line

Niutech Signs Deal With Global Energy Giant on Plastic-to-SAF Pyrolysis Line

JINAN, China -- September 01, 2026 -- Niutech Technology Group Co., Ltd. has signed a sales contract with an unnamed global energy giant to supply an industrial continuous pyrolysis line for plastic waste, the Jinan-based company said Aug. 30, 2026. The line, with a unit capacity of 10,000 to 50,000 tonnes per year, will upgrade one of the client's large-scale refineries to produce hydrotreated sustainable aviation fuel from plastic-waste pyrolysis oil. Niutech called the deal its first entry into the client's equipment supply chain.

EU mandate pushes refiners toward waste-based jet fuel

The EU's ReFuelEU Aviation regulation requires a 2% sustainable aviation fuel blend starting in 2025, rising to 6% by 2030 and 70% by 2050. Supplies of used cooking oil, the feedstock refiners have relied on for SAF production, remain limited. Plastic waste has emerged as an alternative feedstock for refiners racing to meet the EU blending schedule.