Niutech Secures $14 Million in Europe for Advanced Pyrolysis Plants Boosting Circular Economy
Niutech's Milestone in the Circular Economy
Niutech Environment Technology Corporation, a leader in integrated smart solutions for continuous pyrolysis, has made headlines with its latest announcement of a $14 million sales contract in Europe. This contract marks a pivotal step forward in the European Union's efforts toward fostering a circular economy through advanced recycling technologies.
The sales agreement involves the provision of Niutech's Next Generation Smart Production Line for the large-scale industrial pyrolysis of used tires. These pyrolysis systems are set to demonstrate innovation in waste management, emphasizing safety, eco-friendliness, and efficiency—all pivotal aspects in today’s environmental landscape.
This contract is not just a financial transaction; it signifies Niutech's fourth collaboration with this European customer and underscores its strong reputation and comprehensive capabilities in the European market. Such repeated partnerships reflect the growing demand for sustainable solutions and the trust that clients have placed in Niutech’s technologies.
Commitment to Sustainability
Niutech’s commitment to sustainability is driven in large part by the European Union's political mandate to adopt greener technologies. The company has independently developed advanced pyrolysis systems designed to convert waste materials, particularly used tires, into high-quality pyrolysis oil, recycled carbon black, steel wires, and other valuable products. This transformation enables the establishment of a closed-loop cycle known as