Page 91 - Baker Hughes REPORT - FEBRUARY 2024
P. 91

2/14/24, 4:29 PM                    Dussur, Baker Hughes Inaugurate Petrolite Chemicals Facility in Saudi Arabia
        partners  for  strategic  localization  to  maximize  the

        developmental and economic impact in the Kingdom.



        “At  Dussur,  we  are  proud  and  appreciative  of  today’s

        partnership  with  Baker  Hughes,  which  marks  a  significant

        milestone. This new project will provide special, distinguished


        opportunities for the sons and daughters of our nation as we

        target a Saudization rate of more than 70%,” said Rayes.



        Baker  Hughes  CEO  Lorenzo  Simonelli  said:  “Today  is  a

        testament to Baker Hughes and Dussur's continued efforts to

        drive in-country value to better serve the chemicals market in

        the Kingdom and across the region. Aligned to the Kingdom’s


        vision.”



        Simonelli  stated  that  the  inauguration  of  the  facility  marked

        another  milestone  in  the  Kingdom’s  remarkable  journey  of

        economic and industrial growth.




        “For Baker Hughes, I am proud to be a part of this journey we

        started more than 85 years ago in Saudi Arabia as we invest in

        growth together.”



        The  Saudi  Petrolite  Chemicals  facility  spans  approximately

        90,000  square  meters  with  an  on-site  quality  control  lab,


        ethylene oxide and propylene oxide pipeline feedstock, and 14

        storage tanks.



        The  facility  manufactures  chemicals  for  oilfield,  power

        generation, and industrial chemicals.











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