Niutech signs SAF pyrolysis deal

Niutech Technology Group Co., Ltd. said on Aug. 29, 2026 that it has signed a sales agreement with a global energy major to supply an industrial continuous waste‑plastic pyrolysis production line. Niutech said the line uses its proprietary continuous pyrolysis technology to convert mixed low‑value plastics into pyrolysis oil that can be upgraded into sustainable aviation fuel. (prnewswire.com) ### Who signed the deal and when was it announced? Niutech announced the contract on Aug. 29, 2026 through a PR Newswire release, identifying itself as the supplier of the pyrolysis equipment. (polyestertime.com) Niutech is a STAR Market‑listed Chinese company that said the buyer is a “global energy major” but did not name the customer in the announcement. (prnewswire.com) ### What size of plant will Niutech supply? Niutech said the production line has a single‑unit processing capacity between 10,000 and 50,000 tonnes per year, depending on configuration. (prnewswire.com) Multiple republishers of the release reiterated the 10,000–50,000 tpy range as the stated capacity band. ### How will the plastic be turned into SAF? Niutech said the technology converts waste plastics including PP, PE, PS, ABS and nylon into pyrolysis oil without complex pre‑treatment, and that that oil will be hydrotreated to produce SAF at a refinery. Industry summaries of the deal noted the intended route — pyrolysis oil followed by hydrotreatment — as the pathway for producing refinery‑grade sustainable aviation fuel. (prnewswire.com) ### Has Niutech supplied similar projects before? Niutech said it has commercially deployed its waste‑plastic pyrolysis solutions in countries including the United Kingdom, South Korea, Denmark, Thailand, Vietnam and China. (finance.yahoo.com) Trade and industry outlets reporting the announcement also listed prior commercial deployments and multiple 10,000‑tpy class continuous projects in Niutech’s portfolio. (prnewswire.com) ### What details did Niutech not disclose? Niutech did not disclose the identity of the buyer, the contract value, a construction or commissioning schedule, or the specific certification pathway for the finished fuel. Analysts and niche trade sites covering the announcement flagged those omissions and said the buyer’s anonymity and lack of timeline leave key commercial and regulatory questions open. (chemanalyst.com) Niutech described the order as its first entry into the unnamed customer’s equipment supply chain and called it the start of a long‑term partnership. (prnewswire.com) The company did not attach a delivery or commissioning date to the order; the next named milestone in public statements is equipment delivery and startup at the buyer’s refinery, though timing and certification steps remain undisclosed. (polyestertime.com)