Ecobio Signs Supply Contract Worth 6.1 Billion KRW with Sudogwon Landfill Site Management Corporation

[Asia Economy Reporter Park Jun-yi] Ecobio announced on the 4th that it has signed two contracts worth a total of 6,097,460,000 KRW with the Sudokwon Landfill Site Management Corporation related to waste treatment and resource recovery projects. These contracts include a 3,360,550,000 KRW contract for the consigned operation and management of a 50MW power generation and auxiliary facilities, and a 2,736,920,000 KRW contract for maintenance services of facilities at the Sudokwon Landfill Site's 1st and 2nd landfill areas. The contract amounts represent 19.5% and 15.8% respectively of the 2019 consolidated sales, and will expire on March 31 and December 31, respectively.