Krakatau unit to sell industrial land to Lotte

Bareksa • 20 Mar 2014

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Seorang karyawan yang sedang melakukan pengecekan terhadap hasil produksi perusahaan - (Kontan/Baihaki)

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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