Huchems signs 15-year, $658M nitrobenzene supply deal with Kumho Mitsui

Huchems Fine Chemical Corp. signed a 15-year contract worth 742.2 billion won ($658.4 million) to supply 70,000 tons per year of mononitrobenzene to Kumho Mitsui Chemicals Corp. in Yeosu, South Korea.

“Huchems Fine Chemical Corp., the chemical unit of South Korea’s Taekwang Industrial Co., announced on Thursday that it signed a long-term deal worth 742.2 billion won ($658.4 million) to supply mononitrobenzene, an intermediary agent for production of rubber chemicals, to Kumho Mitsui Chemicals Corp”investkorea.org

• 2 sources
• investkorea.orgHuchems secures 15-year supply contract in nitrobenzene from Kumho MitsuiView Details | Investment News | InvestKOREA(ENG)Aug 3, 2017
• pulse.mk.co.krHuchems secures 15-year supply contract in nitrobenzene from Kumho Mitsui - 매일경제 영문뉴스 펄스(Pulse)Aug 3, 2017

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