Page 94 - Baker Hughes REPORT - FEBRUARY 2024

2/14/24, 4:29 PM PRESSR: Baker Hughes, Dussur inaugurate Saudi Petrolite Chemicals’ facility in Jubail — TradingView News
in KSA, as we invest in growth together,” said Lorenzo Simonelli,

chairman and CEO, Baker Hughes.

And on this occasion, Dr. Raed Al-Rayes, CEO of Dussur, said: “The

inauguration of the new Saudi Petrolite Chemicals project comes

within Dussur’s efforts to cooperate with its 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 that 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%.”

The Saudi Petrolite Chemicals facility spans approximately 90,000

square meters with an on-site quality control lab, ethylene oxide,

propylene oxide pipeline feedstock, and 14 storage tanks. The

facility manufactures chemicals for oilfield, power generation and

industrial chemicals.

About Baker Hughes

Baker Hughes BKR is an energy technology company that

provides solutions to energy and industrial customers worldwide.

Built on a century of experience and conducting business in over 120

countries, our innovative technologies and services are taking energy

forward – making it safer, cleaner and more efficient for people and

the planet. Visit us at bakerhughes.com.

About Dussur:

https://www.tradingview.com/news/reuters.com,2024-02-11:newsml_Zaw2CJh2w:0-pressr-baker-hughes-dussur-inaugurate-saudi-petrolite-chemicals-… 3/4