JAKARTA. PT Kimia Farma Tbk (KAEF) officially made its first export of cosmetics raw materials to South Korea.
Last year, Kimia Farma conducted technology transfer and optimized the production process for cosmetics raw materials by cooperating with partners from South Korea, since the country is a big player in the cosmetics industry.
Managing Director of Kimia Farma, Verdi Budidarmo said the first export was a step taken by the company to increase Indonesia's export.
"Through the export of seven cosmetic raw materials to South Korea, around US$ 1.5 million will be generated," he explained in a press release. (AM/AR)