[Edaily Reporter Kwon Oh Seok ] NUVOTEC Co., Ltd(060260)’s stock price is surging in early trading. It appears that buying interest is surging amid positive outlooks from the financial investment industry.

According to MP Doctor on the 5th, as of 9:23 a.m., NUVOTEC Co., Ltd’s stock is trading at 1,261 won, up 7.78% from the previous trading day.
Earlier that day, the independent research firm Value Finder released a report on the 5th, noting that NUVOTEC Co., Ltd had been selected as SK hynix’s final contractor for the disposal of waste chemicals from semiconductor processes, thereby putting its new resource recycling business on a solid footing. Furthermore, the analysis notes that as the only integrated operator in Korea to have internalized water and wastewater piping materials, trenchless technology, and retention basins, the company is accelerating its transformation into a “water tech platform” firm, similar to the global water technology company Xylem (NYSE: XYL).
Founded in 1990 and listed on the KOSDAQ market in 2002, NUVOTEC Co., Ltd is a water and wastewater infrastructure specialist with 36 years of industry experience. Since developing Korea’s first high-rigidity PVC double-wall pipes in 1997, the company has made the manufacture of water and wastewater piping materials its core cash cow and has expanded its business scope to four pillars: trenchless pipeline repair and reinforcement, waste recycling, and eco-friendly de-icing agents.
Last June, NUVOTEC Co., Ltd was selected as the contractor for SK hynix’s resource recycling project for used chemical containers from semiconductor processes and began operations on July 1. The company is responsible for the collection, transportation, and recycling of waste chemical containers—such as those containing spent acids and alkalis—generated not only at the Icheon and Cheongju facilities but also at future SK hynix sites, including the Yongin Mega Cluster. Analysts expect stable revenue growth, as the volume of materials processed is directly linked to semiconductor production levels.