On May 2, Pinnacle Renewable Holdings Inc. released first quarter 2018 financial results, reporting it generated record first quarter revenue and announcing it has entered into new off-take contracts with customers in Japan. During an investor call, Robert McCurdy, chief executive officer of Pinnacle, discussed three contracts Pinnacle entered into during the quarter with customers in Japan. The first is an off-take contract with Ube for 70,000 metric tons per year of industrial wood pellets, with deliveries scheduled to begin in late 2019. The second is a long-term, take-or-pay contract ...
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