- Business
- PT ESSA Industries Indonesia Tbk PT ESSA Industries Indonesia Tbk, formerly PT Surya Esa Perkasa Tbk, operates Indonesia's largest privately owned liquefied petroleum gas (LPG) refinery and ammonia plant; its core products include LPG at a capacity of 190 tons per day, condensate at 500 barrels per day from natural gas processing near Palembang in South Sumatra, and ammonia at 2,000 tons per day produced by subsidiary PT Panca Amara Utama in Banggai; the company also engages in crude oil mining, wholesale trade of solid, liquid, and gas fuels, procurement and distribution of natural and artificial gas, plant construction, trading, and distribution of petrochemical-derived products, as well as upstream and downstream oil and gas exploration and renewable energy activities. Headquartered at DBS Bank Tower, 18th Floor, Ciputra World 1, Jakarta, with principal operations in South Sumatra and Central Sulawesi, the company founded in 2006 and listed in 2012 primarily serves industries such as agriculture, manufacturing, and energy across Indonesia. In October 2023, it rebranded from PT Surya Esa Perkasa Tbk to PT ESSA Industries Indonesia Tbk to reflect its expanded industrial focus; in August 2024, subsidiary PT Panca Amara Utama facilitated the first export of coconut shell charcoal by BUMDES Uling in Banggai Regency, marking a strategic push into regional development and sustainable commodities; recent financials show topline moderation in first-half 2025 amid ongoing operations, with segments spanning LPG and processing fees, ammonia, and others.