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2/13/24, 3:03 PM Baker Hughes, Dussur Inaugurate Saudi Petrolite Chemicals’ Facility in Jubail to localize Oilfield and Industrial Chemicals | W…

BUSINESS

Baker Hughes, Dussur Inaugurate Saudi Petrolite Chemicals’

Facility In Jubail To Localize Oilfield And Industrial Chemicals

By Editor_wr On Feb 13, 2024

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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.

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