Hantech announced on the 4th that it has signed a contract worth a total of 17.8 billion KRW (17,800,000,000 KRW) to supply cryogenic storage tanks to Air Products Korea, an industrial gas manufacturer.

The subject of this contract is the 'SAMSUNG P5 Fab1 Cryogenic Storage Tank,' and the supply location is Pyeongtaek. The contract amount represents 10.35% of Hantech's most recent revenue (171.929 billion KRW) based on its consolidated financial statements as of the end of 2025.

The contract period runs from August 4, 2026, to December 31, 2028. Hantech explained that while the final delivery date specified in the contract is October 30, 2028, the contract end date in the disclosure was recorded as December 31, 2028, to reflect the date of final payment collection.

The company stated that there is a down payment and advance payment associated with this contract, and the product will be supplied through in-house production. It added that the contract amount and period may be subject to change depending on the progress of manufacturing.