JINAN, China, Aug. 29, 2026 /PRNewswire/ -- Niutech Technology Group Co., Ltd (abbreviated as "Niutech"), a STAR Market-listed Chinese company specialized in industrial continuous pyrolysis technology, today announced it has signed a sales agreement with a global energy major for an Industrial Continuous Waste Plastic Pyrolysis Production Line. The line runs on Niutech's proprietary patented pyrolysis technology and delivers safe, environmentally sound operation with a single-unit processing capacity of 10,000 to 50,000 tons per year (tpy). The agreement marks Niutech's first entry into the customer's equipment supply chain and the start of a long-term partnership.

As part of its sustainability commitments, the customer has steadily expanded investment in renewable energy in recent years and made Sustainable Aviation Fuel (SAF) a strategic priority. Under the agreement, Niutech's technology and equipment will be deployed to upgrade a large refinery owned by the customer. Once complete, the refinery will have an integrated capability from pyrolysis oil to hydrotreated SAF.

SAF is widely regarded as a key pathway for aviation decarbonization. Under the EU's ReFuelEU Aviation regulation, SAF blending in jet fuel is mandatory at 2% from 2025, rising to 6% by 2030 and 70% by 2050, while the UK and Singapore have enacted their own blending mandates. Used cooking oil (UCO) is currently the dominant feedstock for SAF production, but limited UCO supply has left the market in urgent need of alternatives. Through Niutech's patented technology, waste plastics can be converted into pyrolysis oil suitable for SAF production, making the feedstock route a promising second option.

Niutech's industrial continuous waste plastic line is highly tolerant of feedstock quality: it requires no complex washing, sorting, drying or fine shredding, and directly pyrolyzes low-value waste plastics — including PP, PE, PS, ABS and nylon, single or mixed — with high efficiency and long-cycle, safe, stable continuous operation at large throughput. Niutech's waste plastic pyrolysis solutions have been commercialized in the UK, South Korea, Denmark, Thailand, Vietnam, China and other markets, supporting multiple 10,000-tonne-scale continuous projects, including the European Waste Plastic Pyrolysis Chemical Recycling Demonstration Project, the Southeast Asian Waste Plastic Pyrolysis Chemical Recycling Demonstration Project, and China's first large-scale continuous pyrolysis project for medical waste plastics.

Waste plastic pyrolysis oil, once an alternative energy source, is now becoming a key upstream feedstock for aviation decarbonization. "Large-scale pyrolysis projects place demanding requirements on the continuous operation capability of the equipment," said a market executive at Niutech. "Niutech has focused on pyrolysis technology for nearly 40 years and brings mature equipment and extensive project experience. This partnership is another validation of the strength of our industrial continuous technology."

About Niutech

Niutech Technology Group Co., Ltd (Stock Code: 688309) is a pyrolysis solutions provider with fully proprietary, globally leading pyrolysis technology, integrating R&D and application, high-end equipment manufacturing and sales, and its own industrial project construction and operation. Its independently developed industrial continuous pyrolysis equipment, with a single-unit processing capacity of 10,000 to 50,000 tpy, has been applied to the disposal of more than 30 waste types, including scrap tires, waste plastics, oily sludge, tar residue, medical waste and biomass. Niutech has helped customers complete 10,000-tonne-scale continuous pyrolysis projects across dozens of countries, including Germany, the UK, South Korea, Denmark and Brazil.

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