SGC E&C Extends APOC Plant Construction Contract to August 2027
SGC E&C extended its APOC isopropyl alcohol plant construction contract to Aug. 30, 2027, from Oct. 17, 2026. The Oct. 15, 2026, correction lists a contract value of KRW 103.51 billion, equivalent to 6.8% of annual revenue. Updated payment terms specify a 10% advance payment, 85% in progress payments and 5% retention.