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Niutech Energy
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Recycler of scrap tires and waste plastic

Founded in 1988
Founded in

Company type Private Public ()
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters China Jinan, China
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Date Company
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Date Partner Type
12/17/2010
Zhejiang Youbang Energy Development Zhejiang Youbang Energy Development
Niutech and Youbang, a Chinese investment firm, entered into a $3.3 million joint venture aimed at building and operating a plastic recycling plant in Fuyang City. Niutech owns a 55 percent stake in this project.
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Confirmed by Zhejiang Youbang Energy Development
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IPO INFORMATION

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Date Investors Type Amount
12/17/2010 Origo Partners Origo Partners (1)
Post-money valuation of
Origo Partners has invested an additional $1.7 million into the Chinese plastics and tire recycling firm Niutech Energy. The money will be used in connection with the start of Niutech’s plastics recycling plant in China.
Growth Equity $1,700,000
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