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
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