Page 59 - Baker Hughes REPORT - FEBRUARY 2024

2/13/24, 3:02 PM Business News

Baker Hughes, Dussur Inaugurate Saudi Petrolite

Chemicals’ Facility in Jubail to localize Oilfield

and Industrial Chemicals

13/02/2024

• Localization opportunities to increase local raw materials, support local workforce development and
provide shorter lead times for delivery to customers in KSA

• Inauguration ceremony included 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; Lorenzo Simonelli, Chairman & Chief

Executive Officer, Baker Hughes; and Dr. Raed Al-Rayes, Chief Executive Officer, Dussur

Jubail, Saudi Arabia -- Feb. 12, 2024 – 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

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