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Niutech Completes Group Restructuring to Advance Tire and Plastic Chemical Recycling

Business

Niutech Completes Group Restructuring to Advance Tire and Plastic Chemical Recycling
Business

Business

Niutech Completes Group Restructuring to Advance Tire and Plastic Chemical Recycling

2026-09-30 08:38 Last Updated At:10:15

JINAN, China, Sept. 30, 2026 /PRNewswire/ -- Niutech Technology Group Co., Ltd. (SSE STAR Market: 688309) completed its group restructuring on August 26, 2026. The restructuring builds on nearly 40 years of work in industrial continuous pyrolysis. Using proprietary technology and complete equipment sets, Niutech converts over 30 material streams, including waste tires and waste plastics, into stable, high-value recycled resources and materials such as pyrolysis oil and non-condensable combustible gas. The company operates across high-end equipment R&D and manufacturing, industrial project investment, construction and operation. It has helped customers deliver 10,000-tonne-scale projects in dozens of countries, including Germany, the UK, Korea, Denmark and Brazil, meeting the environmental and technical standards required in developed markets.

Regulation is accelerating demand. The European Union has introduced the Packaging and Packaging Waste Regulation (PPWR), the Ecodesign for Sustainable Products Regulation (ESPR) and the End-of-Life Vehicles Regulation, raising requirements on the use of recycled materials and drawing international attention to continuous pyrolysis. In response, Niutech has launched its new-generation large industrial continuous intelligent pyrolysis line, with substantial gains in single-unit processing capacity, operating efficiency, cost control and product quality. In waste tire processing, a single unit handles over 100 tonnes per day, and the toluene transmittance of the recovered carbon black has been raised above 80%, yielding high-grade commercial carbon black that can serve as upstream feedstock for tire manufacturing, closing a high-value loop. In waste plastics, including low-value municipal solid waste plastics, ocean plastics and waste textiles such as single or mixed PP, PE, PS, ABS and nylon, a single unit handles over 100 tonnes per day. The line requires no complex washing, sorting, drying or fine crushing before the material can be directly and efficiently cracked in a single step. It produces stable pyrolysis oil, solid fuel and non-condensable combustible gas, the latter used on site to cut the line's energy consumption; the pyrolysis oil can be further processed into chemical feedstock for new plastics, closing the full loop from waste plastic back to new plastic.

The line is operating in multiple overseas markets. In China, Niutech's majority-owned subsidiary Hesheng Environmental Protection was built and commissioned in 2013 and is the first continuous tire recycling project in China. It was the first in the sector to obtain ISCC (International Sustainability and Carbon Certification) and has operated stably for over 10 years. In 2026, Hesheng launched a 100,000-tonne Phase II project using the new-generation line, lifting capacity to 160,000 tonnes per year. A UK customer assessed Niutech's European and Chinese projects, compared the company against peers worldwide and evaluated the advancement, maturity and stability of its technology and equipment before signing an order worth RMB 198 million, a decision made with real capital that affirms the strength of its core technology and equipment in international waste plastic chemical recycling. Niutech is now accelerating research on extending the clean tire pyrolysis oil chain and new blending pathways, building experience toward SAF (sustainable aviation fuel) and other clean and alternative energy through cooperation with overseas energy majors and in-house R&D.

"The maturity of a technology is best verified through industrial projects," said the head of the marketing department at Niutech. "Our project references in China and overseas are becoming our most persuasive calling card."

About Niutech: Niutech Technology Group Co., Ltd. integrates technology R&D and application, high-end equipment manufacturing and sales, and the construction and operation of its own industrial projects. Its pyrolysis equipment has obtained EU CE certification, German TÜV certification, ATEX certification and ISCC (International Sustainability and Carbon Certification), providing integrated "compliant, efficient and high-value" solutions for waste resource recovery worldwide.

Website: www.niutechenergy.com 
Email: contact@niutech.com 
YouTube: www.youtube.com/@niutechpyrolysis 
Facebook: www.facebook.com/pyrolysistooil 

 

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Niutech Completes Group Restructuring to Advance Tire and Plastic Chemical Recycling

Niutech Completes Group Restructuring to Advance Tire and Plastic Chemical Recycling

DUBAI, UAE, Sept. 30, 2026 /PRNewswire/ -- Flytxt, a global provider of Enterprise AI for subscription businesses, today announced that it has been recognised as a Challenger in the 2026 Gartner® Magic Quadrant™ for CSP AI-Enabled Marketing and Sales Solutions.

Flytxt views this positioning as a progression from its recognition as a Niche Player in 2025, reflecting the company's continued growth and strong competitive position in the CSP AI market. It comes amid an expanding global footprint, broader coverage of AI-enabled marketing and sales use cases, and sustained investment in enterprise AI capabilities designed to drive business outcomes at scale. 

"We view our inclusion in a Gartner Magic Quadrant for the third time, and our positioning as a Challenger this year, as an affirmation of our pioneering work in enterprise AI," said Dr. Vinod Vasudevan, CEO, Flytxt. "Our vision is to move beyond Co-pilots and task automation agents by creating an AI Expertforce that combines domain intelligence with agentic execution to autonomously drive growth and marketplace efficiency for CSPs."

Flytxt's AI combines causal reasoning, counterfactual simulation and privacy-preserving federated learning. These capabilities enable it to understand the factors influencing outcomes, evaluate alternative scenarios and determine an effective course of action tailored to each CSP's business context, enterprise policies and data privacy requirements.

Through a continuous perceive–reason–act–learn cycle, Niya-X operates as an outcome-directed AI Expertforce rather than a collection of standalone task agents. It supports sales and marketing decisions across the value chain - from product and proposition design to growth marketing and continuous optimisation. By directly connecting customer and market signals with decisions and execution, Niya-X helps CSPs shorten the path from signal to outcome and adapt quickly as customer behaviour, market conditions and business priorities change.

Gartner, Magic Quadrant for CSP AI-Enabled Marketing and Sales Solutions, Pulkit Pandey, Khurram Shahzad, September 2026.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

To know more, visit www.flytxt.ai

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Flytxt Recognised as a Challenger in the 2026 Gartner® Magic Quadrant™ for CSP AI-Enabled Marketing and Sales Solutions

Flytxt Recognised as a Challenger in the 2026 Gartner® Magic Quadrant™ for CSP AI-Enabled Marketing and Sales Solutions

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