TKG Huchems signs KRW 337.82 billion nitric acid supply contract for Indonesia
Bitget2026/09/28 07:17- TKG Huchems signed a nitric acid supply contract valued at KRW 337.82 billion, equal to 30.0% of FY2025 revenue.
- Supply is slated for Indonesia over 10 years from March 31, 2029 to March 30, 2039.
- Payment is set via letter of credit upon shipment with required documents; no upfront or advance payment.
- The counterparty name is withheld for confidentiality until March 31, 2029.
- Contract value assumes annual volume of 180,000 tons, based on August 2026 input costs, with FX at KRW 1,360 per USD.
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