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ESSA Recognized as One of the “20 Top Companies to Watch in 2024” by Bloomberg Technoz

Jakarta, 17 May 2024 – PT ESSA Industries Indonesia Tbk. (“ESSA”), a publicly listed company operating in the Energy and Chemicals sector through its LPG (Liquefied Petroleum Gas) refinery and Ammonia plant, is proud to announce its inclusion in Bloomberg Technoz’s prestigious list of the “20 Top Companies to Watch in 2024.”

This recognition by Bloomberg Technoz is a testament to ESSA’s robust business prospects, solid performance, and innovative plans, particularly in the development of the ESSA Blue Ammonia project. This groundbreaking project is poised to revolutionize the industry and establish ESSA as a leader in sustainable ammonia production.

The Blue Ammonia project, currently in the feasibility study phase, aims to position ESSA at the forefront of the industry. With an estimated project value of USD 100-150 million, the Blue Ammonia initiative is expected to significantly contribute to the global ammonia market and set a new benchmark for sustainability.

This achievement reflects ESSA’s core values of Excellence, Perseverance, Integrity, and Care, while reminding us to remain humble in our successes. The dedication and hard work of our entire team have made this remarkable accomplishment possible.

As we continue to innovate and expand, ESSA remains committed to its mission of delivering sustainable energy solutions and contributing to the global ammonia market. We look forward to further advancing our projects and maintaining our leadership in the industry.

For further information, please visit our website, or contact:

Shinta D. U. Siringoringo                   M. Aditya

Corporate Secretary                             Media Relations Team

Phone: +62 21 2988 5600                  Phone: +62 812 9548 6465

Email:                 Email: