PT Krakatau Semen Indonesia to Build Slag Grinding Plant at the Krakatau Industrial Estate in Cilegon-Banten

PT Krakatau Steel (Persero), Tbk. and PT Semen Indonesia (Persero), Tbk. have signed a joint venture agreement back in December 2013 in which the parties agree to establish a joint venture company, namely PT Krakatau Semen Indonesia (“KSI”).  KSI is going to build the Grinding Machine of granulated blast furnace slag (“Slag Grinding Plant”) in Cilegon, Banten, which will require a total investment at Rp. 440 billion.  This Slag Grinding Plant is planned to have a production capacity of 750,000 tons of granulated blast furnace slag per year.

LUBIS, SANTOSA & MARAMIS Law Firm has been appointed by KSI to assist them in this Slag Grinding Plant project.