PT AKR Corporindo Tbk (AKRA) and PT Bayu Buana Gemilang (BBG) signed an agreement to establish a joint venture company for natural gas distribution activities to the SEZ area  ​​JIIPE Gresik and its surroundings.

President Director of AKR Corporindo Haryanto Adikoesoemo said the company and BBG synergize to distribute energy that industry players can reach.

AKRA and BBG also signed the deed of establishing a limited liability company named PT Berkah Buana Energi (BBE).

"This is part of AKRA's growth strategy to add cleaner fuels and renewable energy to the company's product portfolio. The company is very pleased to be partnering with BBG to develop our product portfolio," he said Thursday (5/8).

AKRA is a company engaged in trading and distribution of fuel oil and basic chemicals, providing logistics services, and managing industrial estates and ports.

The company is also developing JIIPE. It has now been d