Page 87 - Baker Hughes REPORT - FEBRUARY 2024
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2/14/24, 4:29 PM                            Dussur, Baker Hughes open chemicals facility in Jubail
        Dussur, Baker Hughes open chemicals facility in Jubail


        11/02/2024  Argaam

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        Saudi  Arabian  Industrial  Investments  Co.  (Dussur),  in  collaboration  with  Bakers  Hughes,
        launched today, Feb. 11, Saudi Petrolite Chemicals facility that will focus on manufacturing
        chemicals in Jubail.



        The  facility  aims  to  increase  the  Kingdom’s  supply  base  of  raw  materials,  as  well  as
        accelerate  the  development  of  the  skills  and  capabilities  of  Saudi  human  cadres  in
        manufacturing, the Ministry of Energy said on its official X account.


        With faster delivery of fit-for-purpose chemical solutions, the facility is closer to customers

        and suppliers, creating efficiencies across the business.


        Raed Al-Rayes, CEO of Dussur, said Petrolite Chemicals' capital reaches SAR 150 million,
        noting that 60% of the company's raw materials will be received from Saudi Arabian Oil Co.
        (Saudi Aramco), Saudi Basic Industries Corp. (SABIC), and Sadara Chemical Co. to convert

        them to more-valuable products.


        The project is to provide over 100 types of specialized chemicals in the field of developing oil
        and  gas  fields.  In  addition,  it  aims  to  achieve  multiple  development  goals,  in  line  with


      https://www.argaam.com/en/article/articledetail/id/1704322                                                 1/2
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