Related Article

June 14, 2024

ESSA Group Showcases Maleo Conservation Initiatives in PRZT-BRIN Sharing Session

June 14, 2024

President Director & CEO of ESSA Group, Kanishk Laroya has been named in Fortune Indonesia’s 40 Under 40 list for 2024.

December 26, 2023

ESSA’s Subsidiary PT Panca Amara Utama Clinches Green Proper Award for the Second Consecutive Year

October 18, 2023

ESSA Continues with Operational Excellence and Sees Improved Product Prices

October 04, 2023

ESSA Announces Exciting Changes: New Company Name and Change in the Management

September 25, 2023

ESSA Secures Gas Contract Extension for LPG Refinery

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 www.essa.id, or contact:

Shinta D. U. Siringoringo                   M. Aditya

Corporate Secretary                             Media Relations Team

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

Email: corpsec.eii@essa.id                 Email: investor.relations@essa.id