Niutech Subsidiary Expands Tire Pyrolysis

Niutech Environment Technology Corporation announced that its majority-owned subsidiary, Shandong Hesheng Environment Technology Co., Ltd., broke ground on a 100,000 tons per year (TPY) tire pyrolysis expansion project in Jinan, China. This expansion will increase Shandong Hesheng Environment Technology Co., Ltd.'s total annual processing capacity from 60,000 TPY to 160,000 TPY, making it a global leader in tire resource recovery through pyrolysis. The project will deploy Niutech Environment Technology Corporation's next-generation continuous intelligent pyrolysis equipment, aiming to reduce operating costs and enhance project economics. The increased capacity will allow Shandong Hesheng Environment Technology Co., Ltd. to meet the growing demand for high-quality recycled materials like pyrolysis oil and carbon black from international tire manufacturers and chemical companies, contributing to the global circular economy and green development.