PT. Krakatau Posco is a JVCo. (Joint Venture Company)
between PT. Krakatau Steel Tbk. and POSCO Korea that have experience on
steelmaker manufacturing. , expected to start production early 2014 to early
stage development. Construction of the plant construction began on July 1,
2011, marked by the erection of the project's first pole in the region Cilegon,
Krakatau Steel Industry, which was attended by Vice President Boediono.
They synergize strengthens of both company:
I. KRAKATAU STEEL: (www.krakatausteel.com)
- No.1 Integrated Steelmaker in South East Asia
- Integrated Up & Down stream Production Facilities
- Cooperate with Government & local community
II. POSCO: (www.posco.com)
- No.3 Steelmaker in the World.
- No.1 most competitive global steelmaker.
- World-class technology.
- Top 200 Global Companies, at rank 153rd (Forbes 2008,
2009).
PT. KRAKATAU POSCO will reach capacity total about 6 million
tons/year when finish the second phase of construction at 2014. Products of the
company will consist of Slab, Plate, and Hot Rolled Coil (HRC). Company will
constructed on Cilegon, Banten, and will need investment about USD 6 billion.
PT Krakatau Posco Energy, a multi-national Joint Venture
Company between PT Krakatau Daya Listrik (KS Group) and Posco Energy (POSCO
Group) engaged in Power Plant Industry with the capacity of 200 MW at the first
stage.