HUCHEMS Signs 3.6 Trillion KRW MNB Supply Contract with Kumho Missi Chemical
[Asia Economy Reporter Lee Seon-ae] Hukems announced on the 25th that it has signed an MNB (mononitrobenzene) supply contract worth 3,685,440,780,000 KRW with Kumho Mitsui Chemicals. Starting from March 1, 2024, Hukems will supply 370,000 tons of MNB to Kumho Mitsui Chemicals over 15 years. The sales price will be linked to the prices of major raw materials, benzene and ammonia, as well as the exchange rate. The supply region is Yeosu, and the contract amount is equivalent to 621% of recent sales revenue.
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