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BAKER HUGHES, DUSSUR INAUGURATE SAUDI PETROLITE CHEMICALS’ FACILITY IN JUBAIL
Localization opportunities to increase local raw materials, support local workforce development and provide shorter lead times for delivery to customers in KSA.
Pictured from left to right: HE Eng. Khalid Al-Falih, Minister of Investment; Lorenzo Simonelli, Chairman & Chief Executive Officer, Baker Hughes; HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy; HE Mr. Bandar bin Ibrahim AlKhorayef, Minister of Industry & Mineral Resources; and Dr. Raed Al-Rayes, Chief Executive Officer, Dussur
In the presence of HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy; His Excellency Eng. Khalid Al-Falih, Minister of Investment; His Excellency Mr. Bandar bin Ibrahim AlKhorayef, Minister of Industry & Mineral Resources, Baker Hughes, an energy technology company, and Dussur, owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation), formally inaugurated on Sunday the previously announced joint venture (JV) chemicals manufacturing facility focused on providing oilfield and industrial chemicals in The Kingdom of Saudi Arabia (KSA). The facility will be known as the Saudi Petrolite Chemicals facility.
The event commemorated the new facility which will increase KSA’s supply base targets of raw materials like solvents and glycols, as well as accelerate the development of manufacturing skills and capabilities of the local workforce with more than 70% Saudization. With faster delivery of fit-for-purpose chemical solutions, the facility is closer to customers and suppliers, creating efficiencies across the business. The new facility also builds on Baker Hughes’ continued strategy to source and produce chemicals in proximity to key demand hubs, as recently achieved with the Singapore chemicals manufacturing facility in 2022.
The Saudi Petrolite Chemicals facility spans approximately 90,000 square meters with an on-site quality control lab, ethylene oxide, propylene oxide pipeline feedstock, and 14 storage tanks. The facility manufactures chemicals for oilfield, power generation and industrial chemicals.
In the presence of HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy; His Excellency Eng. Khalid Al-Falih, Minister of Investment; His Excellency Mr. Bandar bin Ibrahim AlKhorayef, Minister of Industry & Mineral Resources, Baker Hughes, an energy technology company, and Dussur, owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation), formally inaugurated on Sunday the previously announced joint venture (JV) chemicals manufacturing facility focused on providing oilfield and industrial chemicals in The Kingdom of Saudi Arabia (KSA). The facility will be known as the Saudi Petrolite Chemicals facility.
The event commemorated the new facility which will increase KSA’s supply base targets of raw materials like solvents and glycols, as well as accelerate the development of manufacturing skills and capabilities of the local workforce with more than 70% Saudization. With faster delivery of fit-for-purpose chemical solutions, the facility is closer to customers and suppliers, creating efficiencies across the business. The new facility also builds on Baker Hughes’ continued strategy to source and produce chemicals in proximity to key demand hubs, as recently achieved with the Singapore chemicals manufacturing facility in 2022.
The Saudi Petrolite Chemicals facility spans approximately 90,000 square meters with an on-site quality control lab, ethylene oxide, propylene oxide pipeline feedstock, and 14 storage tanks. The facility manufactures chemicals for oilfield, power generation and industrial chemicals.
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