Krakatau unit to sell industrial land to Lotte
KIEC will sell 50 hectares of land for the chemical plant
KIEC will sell 50 hectares of land for the chemical plant
Kontan - Krakatau Industrial Estate Cilegon (KIEC), a subsidiary of Jakarta-listed steel giant Krakatau Steel (KRAS), will sell an industrial site to a unit of South Korean conglomerate Lotte, which will use the land for a chemical plant.
KIEC will sell 50 hectares of land for the chemical plant, according to KRAS’ senior vice president, Erwanto.
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