In the esteemed presence of HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy, His Excellency Eng. Khalid Al-Falih, Minister of Investment, and His Excellency Mr. Bandar bin Ibrahim AlKhorayef, Minister of Industry & Mineral Resources, Baker Hughes, an energy technology company, along with Dussur, owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco, and SABIC (Saudi Basic Industries Corporation), formally inaugurated the joint venture (JV) chemicals manufacturing facility in the Kingdom of Saudi Arabia (KSA). Named the Saudi Petrolite Chemicals facility, this milestone event celebrates the culmination of efforts to provide oilfields and industrial chemicals within the Kingdom.
The inauguration commemorated the establishment of this new facility, which is poised to bolster KSA’s supply base of essential raw materials such as solvents and glycols. Additionally, it aims to enhance the development of manufacturing skills and capabilities of the local workforce, with a Saudization rate exceeding 70%. By offering faster delivery of tailor-made chemical solutions, the facility strengthens ties with customers and suppliers, fostering efficiencies across the business. This initiative aligns with Baker Hughes’ strategic approach to sourcing and producing chemicals in close proximity to key demand centers, as exemplified by the recent establishment of the Singapore chemicals manufacturing facility in 2022.
Spanning an impressive 90,000 square meters, the Saudi Petrolite Chemicals facility is equipped with an on-site quality control lab, ethylene oxide, propylene oxide pipeline feedstock, and 14 storage tanks. Primarily focused on manufacturing chemicals for oilfield, power generation, and industrial applications, the facility underscores the commitment to local manufacturing and meeting the evolving needs of the region.
