Minister of Investment of Indonesia Rosan Roeslani (left) and KCC Glass Chairman Chung Mong-Ik light the melting furnace at the company’s plant in in the Central Java town of Batang on Oct. 3, 2024 (Courtesy of KCC Glass)
KCC Glass Corp., South Korea’s major construction materials manufacturer, is set to make an additional investment of 700 billion won ($524.8 million) in its Indonesian glass plant to develop the facility as a cluster to expand its overseas business into other markets such as Southeast Asia, Oceania and the Middle East.
KCC on Friday unveiled the investment plan after a blowing-in ceremony for the plant, the first overseas factory of South Korean glass producers, in the Central Java town of Batang.
The South Korean company has spent 300 billion won since 2021 on building the facility, which…
