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Krakatau Steel to build $390 million hot rolled coil factory in Banten

Krakatau Steel to build $390 million hot rolled coil factory in Banten

Introduction:

Steel giant PT Krakatau Steel (KRAS) plans to build a new hot rolled coil manufacturing facility in the Cilegon industrial estate, Banten, worth US$390 million.

Features:

This factory will have a capacity of 1.5 million tons of hot rolled coil per year and is expected to be operational in two years.

http://www.krakatausteel.com/

Currently, KRAS has a total production capacity of 2.4 million tons of hot rolled coil per year. With this expansion, Krakatau Steel will have a capacity of 3.9 million tons. The factory will be completed by 2017.

Specifications:

Company Name Krakatau Steel
Location Cilegon Industrial Estate, Banten
Type New Hot Rolled Coil Factory
Ending Year 2017
Estimated Cost $390 million

 

http://www.thejakartapost.com/ 

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