PT. Panca Amara Utama
Santosh Sigdel has an extensive background in finance, with experience in petrochemicals, oil & gas, and pulp & fibre industries. Currently holding the position of Head of Finance at PT. Panca Amara Utama and Head of Finance at PT Surya Esa Perkasa Tbk., Santosh has previously worked as a Finance Manager at INDO-BHARAT RAYON and Assistant Finance Manager at Grasim Industries Limited. With a strong educational foundation including a Chartered Accountant degree and certifications from CPA Australia, Santosh is skilled in financial management and has a special focus on FinTech innovation and transformation.
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PT. Panca Amara Utama
PT Panca Amara Utama (“PAU”) is a 700,000 MT per year Ammonia initiative. Ammonia is a chemical compound used in the manufacture of fertilizer, explosives, acids and other petrochemical products. This USD 800 million project is built near Luwuk, Central Sulawesi. One of the biggest industrial projects in Eastern Indonesia, PAU initiative supports the government’s directive to increase domestic value addition within the country. PAU’s Ammonia plant runs on KBR’s Reforming Exchanger System & Purifier Technology, the leading technology in Ammonia production. This represents its first application in the world, which puts Indonesia at the forefront of Ammonia production worldwide. Construction began in June 2015 and the plant began commercial operations in August 2018.