Pinnacle Renewable Energy Inc. announced that it has entered into two new long-term, take-or-pay off-take contracts with customers in Japan and South Korea, both being accelerated growth markets for Pinnacle. The contract in Japan is an extension of an existing contract with Mitsubishi Corporation, a global integrated business enterprise in Japan. Under the terms of the contract, Pinnacle will supply 110,000 to 120,000 metric tons per annum ("MTPA") of industrial wood pellets to Mitsubishi beginning in 2021. The contract in South Korea is with GS Global ...
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