# 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.

- Type: Contract
- Announced: 2017-08-03
- Where: Yeosu, South Korea, South Korea
- Value: $658.4M (742.2B KRW)
- Status: announced
- Capacity: 70,000 tons per year
- Products: mononitrobenzene (MNB)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Huchems Fine Chemical Corp](https://endata.com/companies/22711.md)
- [Kumho Mitsui Chemicals Corp.](https://endata.com/companies/26031.md) (customer)

## Sources

- [investkorea.org](https://www.investkorea.org/ik-en/bbs/i-465/detail.do?ntt_sn=471249), 2017-08-03: "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"
- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/7925619), 2017-08-03: "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"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.