A New Industrial Benchmark – Niutech Intelligent Pyrolysis Equipment Empowering a World- Renowned Group for Chemical Recycling Project of Waste Plastic

JINAN, China, Dec. 17, 2025 /PRNewswire/ — A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment’s advancement, maturity, and stability, the group ultimately selected Niutech’s “Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set”. This decision led to the investment and construction of a high-end waste plastic chemical recycling plant in Vietnam.

At present, the plant has been successfully put into operation and running continuously and efficiently for several months, with all indicators of the pyrolysis products meeting expectations. The advanced technical equipment of Niutech has demonstrated outstanding safety, reliability and environmental protection performance during actual operation, earning high praise from the client. It has also verified the power of China’s high-end environmental protection equipment and is another important achievement of the in-depth cooperation between Niutech and the international group in the field of waste plastic chemical recycling. Currently, the expansion preparations for the project have been basically completed, and the replication and expansion plans for other regions are also in progress.

This project takes plastic waste from industrial production as feedstock, leveraging Niutech’s unique patented technology and equipment to convert waste plastics into high-quality pyrolysis oil. This pyrolysis oil is subsequently processed at the client’s own chemical plants, achieving a complete chemical cycle from “waste plastic to new plastic.” This approach significantly reduces carbon emissions while decreasing reliance on fossil fuels. The innovative model of integrating Niutech’s technology and equipment with the coordinated development of the industry has created multiple world-firsts, providing a verifiable, replicable and scalable demonstration case for promoting the development of chemical recycling of waste plastics.

Niutech’s Large-Sale of Industrial Continuous Intelligent Waste Plastic Pyrolysis Production Line

Professional creates benchmarks. The successful commissioning of this project is another significant achievement of Niutech in continuously exploring the international high-end market, following its collaboration with BASF plastics chemical recycling project in Denmark. Currently, a large-scale waste plastic pyrolysis project in the UK, adopting the same advanced technology of Niutech, is being implemented smoothly. Relying on over 30 years of technological accumulation and engineering practice experience in the pyrolysis field, Niutech has provided the partner with a full-process service covering technical solution design, core equipment manufacturing, and on-site commissioning guidance.

In recent years, chemical recycling of plastics has become a hot trend globally. Niutech’s exclusive and reliable pyrolysis process and technics has provide an efficient and low-carbon disposal solution for the resource utilization of massive low-value mixed waste plastic, attracting much attention from the international market. As the constitutor of China’s pyrolysis technology standards and an industry leader, Niutech has always adhered to a path of high-end, intelligent and green development, which meets the demands of both domestic and international markets. Through constant innovation, the company has overcome multiple world-class challenges in the industrialization and scale-up process of waste plastic chemical recycling, and has established a complete “research and application” innovation system, enhancing the development of technological advantages. Currently, Niutech’s technology has been applied throughout China and in dozens of countries and regions worldwide. Numerous demonstration projects have fully validated that Niutech’s pyrolysis solution represents a revolutionary approach to resource recovery from organic waste.

More Information:

Niutech Website: www.niutechenergy.com
Niutech Business Email: sales@niutech.com
Niutech Youtube: www.youtube.com/@niutechpyrolysis

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/a-new-industrial-benchmark—niutech-intelligent-pyrolysis-equipment-empowering-a-world–renowned-group-for-chemical-recycling-project-of-waste-plastic-302644499.html

SOURCE Niutech

A New Industrial Benchmark – Niutech Intelligent Pyrolysis Equipment Empowering a World- Renowned Group for Chemical Recycling Project of Waste Plastic

JINAN, China, Dec. 17, 2025 /PRNewswire/ — A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment’s advancement, maturity, and stability, the group ultimately selected Niutech’s “Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set”. This decision led to the investment and construction of a high-end waste plastic chemical recycling plant in Vietnam.

At present, the plant has been successfully put into operation and running continuously and efficiently for several months, with all indicators of the pyrolysis products meeting expectations. The advanced technical equipment of Niutech has demonstrated outstanding safety, reliability and environmental protection performance during actual operation, earning high praise from the client. It has also verified the power of China’s high-end environmental protection equipment and is another important achievement of the in-depth cooperation between Niutech and the international group in the field of waste plastic chemical recycling. Currently, the expansion preparations for the project have been basically completed, and the replication and expansion plans for other regions are also in progress.

This project takes plastic waste from industrial production as feedstock, leveraging Niutech’s unique patented technology and equipment to convert waste plastics into high-quality pyrolysis oil. This pyrolysis oil is subsequently processed at the client’s own chemical plants, achieving a complete chemical cycle from “waste plastic to new plastic.” This approach significantly reduces carbon emissions while decreasing reliance on fossil fuels. The innovative model of integrating Niutech’s technology and equipment with the coordinated development of the industry has created multiple world-firsts, providing a verifiable, replicable and scalable demonstration case for promoting the development of chemical recycling of waste plastics.

Niutech’s Large-Sale of Industrial Continuous Intelligent Waste Plastic Pyrolysis Production Line

Professional creates benchmarks. The successful commissioning of this project is another significant achievement of Niutech in continuously exploring the international high-end market, following its collaboration with BASF plastics chemical recycling project in Denmark. Currently, a large-scale waste plastic pyrolysis project in the UK, adopting the same advanced technology of Niutech, is being implemented smoothly. Relying on over 30 years of technological accumulation and engineering practice experience in the pyrolysis field, Niutech has provided the partner with a full-process service covering technical solution design, core equipment manufacturing, and on-site commissioning guidance.

In recent years, chemical recycling of plastics has become a hot trend globally. Niutech’s exclusive and reliable pyrolysis process and technics has provide an efficient and low-carbon disposal solution for the resource utilization of massive low-value mixed waste plastic, attracting much attention from the international market. As the constitutor of China’s pyrolysis technology standards and an industry leader, Niutech has always adhered to a path of high-end, intelligent and green development, which meets the demands of both domestic and international markets. Through constant innovation, the company has overcome multiple world-class challenges in the industrialization and scale-up process of waste plastic chemical recycling, and has established a complete “research and application” innovation system, enhancing the development of technological advantages. Currently, Niutech’s technology has been applied throughout China and in dozens of countries and regions worldwide. Numerous demonstration projects have fully validated that Niutech’s pyrolysis solution represents a revolutionary approach to resource recovery from organic waste.

More Information:

Niutech Website: www.niutechenergy.com
Niutech Business Email: sales@niutech.com
Niutech Youtube: www.youtube.com/@niutechpyrolysis

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/a-new-industrial-benchmark—niutech-intelligent-pyrolysis-equipment-empowering-a-world–renowned-group-for-chemical-recycling-project-of-waste-plastic-302644499.html

SOURCE Niutech

A New Industrial Benchmark – Niutech Intelligent Pyrolysis Equipment Empowering a World- Renowned Group for Chemical Recycling Project of Waste Plastic

JINAN, China, Dec. 17, 2025 /PRNewswire/ — A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment’s advancement, maturity, and stability, the group ultimately selected Niutech’s “Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set”. This decision led to the investment and construction of a high-end waste plastic chemical recycling plant in Vietnam.

At present, the plant has been successfully put into operation and running continuously and efficiently for several months, with all indicators of the pyrolysis products meeting expectations. The advanced technical equipment of Niutech has demonstrated outstanding safety, reliability and environmental protection performance during actual operation, earning high praise from the client. It has also verified the power of China’s high-end environmental protection equipment and is another important achievement of the in-depth cooperation between Niutech and the international group in the field of waste plastic chemical recycling. Currently, the expansion preparations for the project have been basically completed, and the replication and expansion plans for other regions are also in progress.

This project takes plastic waste from industrial production as feedstock, leveraging Niutech’s unique patented technology and equipment to convert waste plastics into high-quality pyrolysis oil. This pyrolysis oil is subsequently processed at the client’s own chemical plants, achieving a complete chemical cycle from “waste plastic to new plastic.” This approach significantly reduces carbon emissions while decreasing reliance on fossil fuels. The innovative model of integrating Niutech’s technology and equipment with the coordinated development of the industry has created multiple world-firsts, providing a verifiable, replicable and scalable demonstration case for promoting the development of chemical recycling of waste plastics.

Niutech’s Large-Sale of Industrial Continuous Intelligent Waste Plastic Pyrolysis Production Line

Professional creates benchmarks. The successful commissioning of this project is another significant achievement of Niutech in continuously exploring the international high-end market, following its collaboration with BASF plastics chemical recycling project in Denmark. Currently, a large-scale waste plastic pyrolysis project in the UK, adopting the same advanced technology of Niutech, is being implemented smoothly. Relying on over 30 years of technological accumulation and engineering practice experience in the pyrolysis field, Niutech has provided the partner with a full-process service covering technical solution design, core equipment manufacturing, and on-site commissioning guidance.

In recent years, chemical recycling of plastics has become a hot trend globally. Niutech’s exclusive and reliable pyrolysis process and technics has provide an efficient and low-carbon disposal solution for the resource utilization of massive low-value mixed waste plastic, attracting much attention from the international market. As the constitutor of China’s pyrolysis technology standards and an industry leader, Niutech has always adhered to a path of high-end, intelligent and green development, which meets the demands of both domestic and international markets. Through constant innovation, the company has overcome multiple world-class challenges in the industrialization and scale-up process of waste plastic chemical recycling, and has established a complete “research and application” innovation system, enhancing the development of technological advantages. Currently, Niutech’s technology has been applied throughout China and in dozens of countries and regions worldwide. Numerous demonstration projects have fully validated that Niutech’s pyrolysis solution represents a revolutionary approach to resource recovery from organic waste.

More Information:

Niutech Website: www.niutechenergy.com
Niutech Business Email: sales@niutech.com
Niutech Youtube: www.youtube.com/@niutechpyrolysis

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/a-new-industrial-benchmark—niutech-intelligent-pyrolysis-equipment-empowering-a-world–renowned-group-for-chemical-recycling-project-of-waste-plastic-302644499.html

SOURCE Niutech

A New Industrial Benchmark – Niutech Intelligent Pyrolysis Equipment Empowering a World- Renowned Group for Chemical Recycling Project of Waste Plastic

JINAN, China, Dec. 17, 2025 /PRNewswire/ — A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment’s advancement, maturity, and stability, the group ultimately selected Niutech’s “Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set”. This decision led to the investment and construction of a high-end waste plastic chemical recycling plant in Vietnam.

At present, the plant has been successfully put into operation and running continuously and efficiently for several months, with all indicators of the pyrolysis products meeting expectations. The advanced technical equipment of Niutech has demonstrated outstanding safety, reliability and environmental protection performance during actual operation, earning high praise from the client. It has also verified the power of China’s high-end environmental protection equipment and is another important achievement of the in-depth cooperation between Niutech and the international group in the field of waste plastic chemical recycling. Currently, the expansion preparations for the project have been basically completed, and the replication and expansion plans for other regions are also in progress.

This project takes plastic waste from industrial production as feedstock, leveraging Niutech’s unique patented technology and equipment to convert waste plastics into high-quality pyrolysis oil. This pyrolysis oil is subsequently processed at the client’s own chemical plants, achieving a complete chemical cycle from “waste plastic to new plastic.” This approach significantly reduces carbon emissions while decreasing reliance on fossil fuels. The innovative model of integrating Niutech’s technology and equipment with the coordinated development of the industry has created multiple world-firsts, providing a verifiable, replicable and scalable demonstration case for promoting the development of chemical recycling of waste plastics.

Niutech’s Large-Sale of Industrial Continuous Intelligent Waste Plastic Pyrolysis Production Line

Professional creates benchmarks. The successful commissioning of this project is another significant achievement of Niutech in continuously exploring the international high-end market, following its collaboration with BASF plastics chemical recycling project in Denmark. Currently, a large-scale waste plastic pyrolysis project in the UK, adopting the same advanced technology of Niutech, is being implemented smoothly. Relying on over 30 years of technological accumulation and engineering practice experience in the pyrolysis field, Niutech has provided the partner with a full-process service covering technical solution design, core equipment manufacturing, and on-site commissioning guidance.

In recent years, chemical recycling of plastics has become a hot trend globally. Niutech’s exclusive and reliable pyrolysis process and technics has provide an efficient and low-carbon disposal solution for the resource utilization of massive low-value mixed waste plastic, attracting much attention from the international market. As the constitutor of China’s pyrolysis technology standards and an industry leader, Niutech has always adhered to a path of high-end, intelligent and green development, which meets the demands of both domestic and international markets. Through constant innovation, the company has overcome multiple world-class challenges in the industrialization and scale-up process of waste plastic chemical recycling, and has established a complete “research and application” innovation system, enhancing the development of technological advantages. Currently, Niutech’s technology has been applied throughout China and in dozens of countries and regions worldwide. Numerous demonstration projects have fully validated that Niutech’s pyrolysis solution represents a revolutionary approach to resource recovery from organic waste.

More Information:

Niutech Website: www.niutechenergy.com
Niutech Business Email: sales@niutech.com
Niutech Youtube: www.youtube.com/@niutechpyrolysis

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SOURCE Niutech

Nama Power and Water Procurement Signs Agreement with EDF power solutions, Al Khadra Partners and OQAE to Develop the 120 MW JBB Wind IPP in the Sultanate of Oman

  • Consortium led by EDF power solutions, Al Khadra Partners (part of Hind Bahwan Group) and OQ Alternative Energy signs a Power Purchase Agreement to develop, finance, build and operate the 120-megawatt (MW) Jaalan Bani Bu Ali Wind Independent Power Project
  • Wind farm to supply low-carbon electricity to the Omani national grid starting in Q3 2027
  • Generated power to support the Sultanate’s energy transition and contribute to broader Middle East climate mitigation

MUSCAT, Oman, Dec. 17, 2025 /PRNewswire/ — A consortium led by EDF power solutions, Al Khadra Partners and OQ Alternative Energy (OQAE) the National Champion for Clean Energy, signed a 20-year Power Purchase Agreement (PPA) with Nama Power and Water Procurement Company (Nama PWP) to develop the 120 MW Jaalan Bani Bu Ali (JBB) Wind Power Plant in the Sultanate of Oman. 

The JBB Wind Project is located in the Ash Sharqiyah South Governorate, approximately 440km from the Port of Duqm and spans an area of 10.7km2 of land. The wind farm will consist of 16 wind turbines, each with a power output of 7.7 MW. The project is expected to reach financial close in 2026 and connect to the grid in Q3 2027.

Upon completion, JBB Wind Farm will generate renewable electricity sufficient to power over 13,500 Omani households. The project will enable to avoid more than 270,000 tonnes of COâ‚‚ annually, contributing to Oman’s climate change mitigation goals, while creating jobs and sharing expertise with the local population.

On this occasion, His Excellency Engineer Salim bin Nasser Al Aufi, Minister of Energy and Minerals, stated: “We are pleased to mark the signing of the Jaalan Bani Bu Ali Wind Power Project agreement in the South Al Sharqiyah Governorate. The project represents a pioneering step within the Sultanate of Oman’s efforts to strengthen the national renewable energy system, embodying our firm commitment to achieving the pillars of Oman Vision 2040 for the energy sector and the net-zero target by 2050.”

His Excellency added: “Wilayat Jaalan Bani Bu Ali was selected as the site for this vital project, which spans an area of approximately 11 million square metres and stands as one of the country’s most prominent wind energy projects. The project entails an investment of around OMR 50 million and will contribute to reducing carbon emissions by approximately 270,000 tonnes annually. This reflects the Sultanate of Oman’s strategic direction towards building a modern energy system based on sustainability, enhancing the efficient use of the Sultanate of Oman’s natural resources, and strengthening the contribution of national competencies in the energy sector.”

Concluding his statement, His Excellency Engineer Salim Al Aufi, said: “The signing of this project agreement reaffirms the Sultanate of Oman’s determination to move forward with the transition towards a low-carbon economy and to enhance its position as a leading regional hub for renewable energy. We have set a target for renewable energy to account for 30% of electricity generation in the Sultanate of Oman by 2030—an economy capable of attracting high-quality investments and supporting sustainable development plans, delivering tangible impacts on the climate, the economy, and Omani society.”

Mr. Ahmed bin Salim Al Abri, CEO of Nama Power and Water Procurement, highlighted that: “The JBB Wind Power Project represents a key milestone in the Sultanate of Oman’s transition to clean energy, with an annual generation capacity of approximately 352,380 MWh.”

He continued: “The project will free up around 67 million cubic metres of natural gas each year, underscoring Nama Power and Water Procurement’s commitment to supporting the Sultanate’s energy diversification objectives and ensuring the long-term sustainability of the electricity sector. In addition, the project will boost local content by creating greater opportunities for SMEs and contributing to national economic growth through the In-Country Value (ICV) programme, by allocating a portion of contracted works to Omani companies. This approach will stimulate local business growth, generate employment, reduce import dependence, and drive development in South Ash Sharqiyah Governorate.”

Olivier Bordes, Managing Director Middle East of EDF power solutions, said: “EDF power solutions is proud to launch its second renewable project in Oman—and first Wind project in partnership with Al Khadra Partners and OQAE. This new collaboration marks an important step for us in the country and demonstrates the value we bring through our industrial know-how and technical expertise. As a leading low-carbon developer, we are honoured to expand our role in wind project development and operations, supporting the Sultanate of Oman in its efforts to decarbonize and diversify its energy mix, and contributing to Oman’s net-zero ambitions.”

Sheikha Hind Bahwan, Chairperson of Al Khadra Partners, commented: We are honoured to partner with EDF and OQAE in developing this prestigious wind power project. This award reflects our shared commitment to advancing clean energy and supporting the nation’s long-term sustainability vision. As a co-developer, Al Khadra Partners is proud to bring our regional expertise and deep understanding of local project execution to ensure the successful delivery of this landmark initiative. This project will further strengthen Sultanate of Oman’s leadership in the energy transition and create lasting environmental and economic value for the Sultanate of Oman and its people.

Eng. Ghalib Al Maamari, Acting CEO of OQ Alternative Energy, said: “This project represents a continuation of OQ Alternative Energy’s efforts to strengthen Oman’s presence in clean and renewable energy and to accelerate the country’s energy transition. Through this partnership with EDF power solutions and Al Khadra Partners, we are reinforcing OQAE’s role as the national champion for clean energy—bringing together international expertise and local capability to deliver reliable, emissions-free power for the national grid. Projects such as the Jaalan Bani Bu Ali Wind Project contribute directly to Oman’s energy security, economic diversification, and Net Zero 2050 ambitions, while creating long-term value for the Sultanate.”

JBB wind farm will help to achieve the target of increasing the share of the renewables in the energy mix in Sultanate of Oman and to reach a minimum of 30% by 2030. Set to be one of the largest onshore wind farms in Oman, the project will be developed, built, owned and operated by the consortium as part of a 20-year power purchase agreement with the off-taker Nama PWP.

About Nama Power and Water Procurement

Nama Power and Water Procurement Company is the procurer of all electricity and desalinated water projects in the Sultanate of Oman, currently contracting with around 11 desalination plants and 15 power plants. The company is also developing a range of renewable energy projects using solar and wind energy to achieve the targets of Vision Oman 2040 and achieve the goal of net-zero emissions by around 2050.

Contacts
For more information please visit: www.omanpwp.com.
Follow us on LinkedIn: https://www.linkedin.com/company/opwp , Instagram and x: omanpwp

About EDF power solutions

Bringing together the businesses of EDF Renewables and EDF Group International Division, EDF power solutions is an international energy player which develops, builds and operates renewable and low-carbon energy production facilities as well as flexible power and electricity transmission solutions.

As a major player in the energy transition worldwide, EDF power solutions deploys, within EDF, competitive, responsible and value-creating projects. In 25 countries, our teams show their commitment to local stakeholders every day, adding their expertise and capacity for innovation to the fight against climate change.

EDF power solutions operates 31GW of gross installed power capacity worldwide. Leveraging on its technological and commercial skills as well as local knowledge, EDF power solutions develops innovative offers, to support the move towards decarbonisation and develop more efficient electrical systems.

EDF power solutions offer a large range of technologies to produce low carbon electricity (wind power, solar, hydraulics, biomass), increase power system flexibility (battery storage, PSP, low carbon thermal hybrid solution etc.) and to reduce its customers’ carbon footprint (electrical mobility, hydrogen, off-grid solutions, mini-grids, etc.).

Contacts:
For more information: www.uae.edf.com
Follow us on LinkedIn https://www.linkedin.com/company/edfmiddleeast

About Al Khadra Partners

Al Khadra Partners part of the Hind Bahwan Group is committed to accelerating the region’s energy transition. With a strategic focus on renewable energy initiatives across the Middle East, Al Khadra invests in and develops a diverse portfolio of clean-energy solutions, including solar, battery storage, onshore wind, power-to-X technologies, and sustainable mobility. Guided by Sheikha Hind Bahwan’s vision for sustainability, innovation, and In-Country Value creation, Al Khadra aims to deliver impactful, future-ready projects that contribute to national climate goals, strengthen energy security, and support long-term socio-economic development. Through its collaborative approach and commitment to excellence, Al Khadra continues to play a leading role in shaping a cleaner, more resilient energy future for the region.

Contacts:
For more information: www.hindbahwangroup.com
Follow us on LinkedIn: https://www.linkedin.com/company/hind-bahwan-group/

About OQ Alternative Energy (OQAE)

OQ Alternative Energy (OQAE), a subsidiary of OQ, is the Sultanate of Oman’s National Champion for Clean Energy. Established in 2020, OQAE contributes to the country’s clean energy transition in line with Oman Vision 2040 and Net Zero 2050. Its portfolio includes large-scale solar and wind projects, green hydrogen and ammonia ventures, energy efficiency, and industrial decarbonisation — driving long-term value creation, energy security, and sustainable growth for Oman.

Photo: https://mma.prnewswire.com/media/2847124/EDF_Power_JBB_Wind.jpg

 

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SOURCE EDF power solutions

Forging Resonance Through Action, Upholding Original Aspiration Through Persistence – Chery’s ESG Practices in Supporting the Asian Para Games

DUBAI, UAE, Dec. 16, 2025 /PRNewswire/ — On the evening of December 14 local time, fireworks illuminated the Dubai night sky, casting a final glow over the venue as the 2025 Asian Youth Para Games drew to a close amid waves of applause. Serving as the event’s official and exclusive mobility partner, Chery applied its inclusive technological expertise to support the Games from start to finish, creating numerous memorable highlights. These ranged from the joint opening announcement by the AiMOGA robot Mornine and APC Chairman Mr. Mijad, to the groundbreaking robot-led award ceremonies; from pre-competition donations of sun protection gear to all athletes, to the continuous shuttle and escort services provided by the TIGGO family fleet throughout the event. Chery was fully committed to facilitating both the preparation and the successful execution of the Games. As Zhu Shaodong, Executive Vice President of Chery International, noted in his closing ceremony address: “Chery remains guided by the principle of ‘In somewhere, For somewhere, Be somewhere’ in contributing to global sustainable development. Supporting sports events as a way to give back to society is both an honor and a point of pride for Chery.”

Zhu Shaodong, Executive Vice President of Chery International, delivers a speech on the spot

In meeting its ESG commitments, Chery has established multiple world-class “green factories,” driving the ongoing transformation toward sustainable manufacturing. The company also collaborates with international organizations, including the International Union for Conservation of Nature (IUCN), to engage in ecological initiatives such as seagrass conservation. At the same time, Chery maintains a long-term commitment to the well-being of people with disabilities and children, having worked with UNICEF to support education for nearly 40 million children globally. Furthermore, Chery has proactively joined forces with the Kazakhstan National Paralympic Committee and the Asian Paralympic Committee to carry out various inclusive programs. During the Chery Brand User Summit in October 2025, Chery once again took the lead in forming the ESG Global Alliance, sharing sustainable development initiatives with its worldwide dealer network and extending responsible practices across the entire value chain.

As the Games draw to a close, Chery will forge ahead—with technology as its driving force and responsibility as its cornerstone—striving not only for commercial success but also to build a more inclusive and courageous future for society at large.

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SOURCE Chery Automobile Co., Ltd.

2026 KIA SORENTO EARNS 2025 IIHS TOP SAFETY PICK+ AWARD

  • Latest recognition brings Kia’s 2025 IIHS TSP+ total to five models

IRVINE, Calif., Dec. 16, 2025 /PRNewswire/ — The 2026 Kia Sorento has been awarded the Insurance Institute for Highway Safety’s (IIHS) highest safety rating, the 2025 TOP SAFETY PICK+ (TSP+) designation, for models built after September 2025. This award brings Kia’s total to five vehicles earning a TSP+ recognition in 2025, reflecting strong overall performance under the IIHS’s most rigorous testing protocols to date. The Kia models that have earned a 2025 IIHS TSP+ rating are:

  • 2026 Sorento (models built after September 2025)
  • 2026 Sportage (models built after May 2025)
  • 2025 K4 (models built after January 2025)
  • 2025 EV9
  • 2025 Telluride

“Kia continues to raise the bar by delivering vehicles that combine performance, technology and safety,” said SeungKyu (Sean) Yoon, President and CEO of Kia North America and Kia America. “Under more stringent safety standards, five Kia models have earned IIHS’ top safety designation. These results reflect our focus on meeting safety criteria and offering our customers advanced safety features they value.”

To qualify for 2025 TOP SAFETY PICK+, a vehicle must earn good ratings in the small overlap front, updated moderate overlap front and updated side tests. It also must earn an acceptable or good rating for pedestrian front crash prevention and come with standard acceptable- or good-rated headlights across all trim levels. For more information on the changes to the award criteria, visit IIHS.org.

The 2026 Kia Sorento earned “Good” ratings for its standard front crash prevention systems for both vehicle-to-vehicle and pedestrians. The 2026 Sorento comes standard with Forward Collision-Avoidance Assist (FCA)1, which is designed to detect pedestrians, cyclists in front of the vehicle, and oncoming vehicles while turning left at an intersection (FCA-JT), and can help prevent collisions with them under certain circumstances. 

The boldly designed SUV, available in gas, hybrid and PHEV variants, features an upscale interior and X-Pro variants that boast a more rugged appeal. For 2026, the Sorento comes standard with a new Terrain Mode on AWD2-equipped models.

Kia America – about us
Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World’s Most Sustainable Companies of 2024. Kia serves as the “Official Automotive Partner” of the NBA and WNBA and offers a range of gasoline, hybrid, plug-in hybrid, and electric vehicles sold through a network of nearly 800 dealers in the U.S., including several cars and SUVs proudly assembled in America*.

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert

* Select trims of the all-electric EV6 and EV9 all-electric three-row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts.

_______________________________

1

When engaged, Forward Collision-Avoidance Assist is not a substitute for safe driving and may not detect all objects in front of vehicle. Always drive safely and use caution.

2

No system, no matter how advanced, can compensate for all driver error and/or driving conditions. Always drive safely.

 

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SOURCE Kia America

2026 KIA SORENTO EARNS 2025 IIHS TOP SAFETY PICK+ AWARD

  • Latest recognition brings Kia’s 2025 IIHS TSP+ total to five models

IRVINE, Calif., Dec. 16, 2025 /PRNewswire/ — The 2026 Kia Sorento has been awarded the Insurance Institute for Highway Safety’s (IIHS) highest safety rating, the 2025 TOP SAFETY PICK+ (TSP+) designation, for models built after September 2025. This award brings Kia’s total to five vehicles earning a TSP+ recognition in 2025, reflecting strong overall performance under the IIHS’s most rigorous testing protocols to date. The Kia models that have earned a 2025 IIHS TSP+ rating are:

  • 2026 Sorento (models built after September 2025)
  • 2026 Sportage (models built after May 2025)
  • 2025 K4 (models built after January 2025)
  • 2025 EV9
  • 2025 Telluride

“Kia continues to raise the bar by delivering vehicles that combine performance, technology and safety,” said SeungKyu (Sean) Yoon, President and CEO of Kia North America and Kia America. “Under more stringent safety standards, five Kia models have earned IIHS’ top safety designation. These results reflect our focus on meeting safety criteria and offering our customers advanced safety features they value.”

To qualify for 2025 TOP SAFETY PICK+, a vehicle must earn good ratings in the small overlap front, updated moderate overlap front and updated side tests. It also must earn an acceptable or good rating for pedestrian front crash prevention and come with standard acceptable- or good-rated headlights across all trim levels. For more information on the changes to the award criteria, visit IIHS.org.

The 2026 Kia Sorento earned “Good” ratings for its standard front crash prevention systems for both vehicle-to-vehicle and pedestrians. The 2026 Sorento comes standard with Forward Collision-Avoidance Assist (FCA)1, which is designed to detect pedestrians, cyclists in front of the vehicle, and oncoming vehicles while turning left at an intersection (FCA-JT), and can help prevent collisions with them under certain circumstances. 

The boldly designed SUV, available in gas, hybrid and PHEV variants, features an upscale interior and X-Pro variants that boast a more rugged appeal. For 2026, the Sorento comes standard with a new Terrain Mode on AWD2-equipped models.

Kia America – about us
Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World’s Most Sustainable Companies of 2024. Kia serves as the “Official Automotive Partner” of the NBA and WNBA and offers a range of gasoline, hybrid, plug-in hybrid, and electric vehicles sold through a network of nearly 800 dealers in the U.S., including several cars and SUVs proudly assembled in America*.

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert

* Select trims of the all-electric EV6 and EV9 all-electric three-row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts.

_______________________________

1

When engaged, Forward Collision-Avoidance Assist is not a substitute for safe driving and may not detect all objects in front of vehicle. Always drive safely and use caution.

2

No system, no matter how advanced, can compensate for all driver error and/or driving conditions. Always drive safely.

 

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SOURCE Kia America

FIBRA Prologis Announces Disposition of 440,000 Square Feet

MEXICO CITY, Dec. 16, 2025 /PRNewswire/ — FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, announced the sale of 440,000 square feet in Juarez to an existing customer for US$19.8 million. These properties were previously part of the Terrafina portfolio and were subject to contractual purchase obligations under the lease.

“We are pleased to advance our disposition program with this sale and will continue our disciplined approach to portfolio optimization. We look forward to building on this momentum,” said Héctor Ibarzabal, CEO of FIBRA Prologis. 

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of September 30, 2025, FIBRA Prologis was comprised of 515 investment properties, totaling 87.0 million square feet (8.1 million square meters). This includes 348 logistics and manufacturing facilities in six industrial core markets in Mexico totaling 65.7 million square feet (6.1 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

(PRNewsfoto/FIBRA Prologis)

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SOURCE FIBRA Prologis

FIBRA Prologis Announces Disposition of 440,000 Square Feet

MEXICO CITY, Dec. 16, 2025 /PRNewswire/ — FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, announced the sale of 440,000 square feet in Juarez to an existing customer for US$19.8 million. These properties were previously part of the Terrafina portfolio and were subject to contractual purchase obligations under the lease.

“We are pleased to advance our disposition program with this sale and will continue our disciplined approach to portfolio optimization. We look forward to building on this momentum,” said Héctor Ibarzabal, CEO of FIBRA Prologis. 

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of September 30, 2025, FIBRA Prologis was comprised of 515 investment properties, totaling 87.0 million square feet (8.1 million square meters). This includes 348 logistics and manufacturing facilities in six industrial core markets in Mexico totaling 65.7 million square feet (6.1 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

(PRNewsfoto/FIBRA Prologis)

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SOURCE FIBRA Prologis