Brief: OrganoClick Signs Agreement With Nonwoven Manufacturer
19/02/2021 13:10
Feb 19 (Reuters) - OrganoClick AB ORGC.ST :
* ORGANOCLICK AB: ORGANOCLICK SIGNS AGREEMENT WITH LEADING
NONWOVEN MANUFACTURER
* ESTIMATED VALUE OF CONTRACT IS AROUND SEK 30 MILLION PER
YEAR
WHEN BIOBINDER HAS BEEN FULLY IMPLEMENTED IN CUSTOMERS
PRODUCTION.
* UNDER 5-YEAR TERM OF CONTRACT, ORGANOCLICK WILL SUPPLY ITS
BIOBINDER ACCORDING TO A FORECASTED YEARLY VOLUME THAT WILL BE
CONFIRMED IN DETAIL IN 6 MONTH PERIODS.
* FULL VOLUME OF CONTRACT IS EXPECTED TO BE REACHED IN 2022.
Source text: https://bit.ly/3bjkWg1
Further company coverage: ORGC.ST
(Gdansk Newsroom)
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