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SI RESOURCES CO.,LTD. Bio heavy oil supply contract with power generator extended to December 15

SI RESOURCES CO.,LTD.· Single Sales/Supply ContractAmended

AI summary · Not investment advice

The end date of SI RESOURCES CO.,LTD.'s KRW 8.1 billion bio heavy oil supply contract with a power generation company signed in April was moved from October 15 to December 15, 2026.

Contract amount

KRW 8.1 billion

38.90% of recent revenue · excluding VAT

Key facts

Counterparty
A power generation company
Contract details
Bio heavy oil for power generation
% of revenue
38.90%
Contract period
Apr 24, 2026 – Dec 15, 2026End date changed from 2026.10.15
Recent revenue
KRW 20.9 billionStandalone, end-2025
Contract date
Apr 24, 2026
Supply region
Korea
Payment terms
Paid by the 15th of the following month after inspection of monthly deliveriesNo advance payment

Commentary

AI commentary · Not investment advice

What happened

SI RESOURCES extended its contract to supply bio heavy oil for power generation to a power generation company. The end date moved from 2026.10.15 to 2026.12.15. The contract amount stays at KRW 8.1 billion, excluding VAT. The company said the amount may change after inspection when the period ends.

In the company's terms

The amount equals 38.90% of recent revenue (KRW 20.9 billion on a standalone basis at end-2025). The company said it has carried out similar contracts in the past three years.

Earlier Single Sales/Supply Contract filings from this company

Filings of the same type
FiledCounterpartyContract amount% of revenue
26.11.12Korea Midland Power Co., Ltd.—21.02%

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