Halliburton formally opens its chemical reaction plant with a ribbon cutting including: Saudi Aramco Vice President of Unconventional Resources Khalid Al-Abdulqader; Saudi Aramco Vice President of Procurement and Supply Chain Management Mohammad Al Shammary; Royal Commission CEO Dr. Ahmed Al-Hussain; Halliburton Chairman, President and CEO Jeff Miller; Saudi Aramco Senior Vice President of Upstream Nasir Al-Naimi; Sadara Chemical Company CEO Dr. Faisal Al-Faqeer; Saudi Aramco Executive Director of Petroleum Engineering & Development Waleed Al-Mulhim; Saudi Aramco Vice President of Drilling & Workover AbdulHameed Al-Rushaid.
Halliburton Company celebrates the opening of the Halliburton Chemical Reaction Plant – the “first of its kind” in Saudi Arabia to manufacture a broad range of chemicals for the entire oil and gas value chain, according to the company. The facility reportedly expands Halliburton’s manufacturing footprint in the Eastern hemisphere and accelerates its ability to serve the chemical needs of Middle East customers.
“This world-class plant is part of our more than $1 billion commitment to Saudi Arabia over the past ten years. It further increases our in-country presence and supports the In Kingdom Total Value Add program by providing new opportunities to local suppliers, vendors, other manufacturing partners and the local workforce,” says Jeff Miller, chairman, president and CEO.
In addition to manufacturing, the facility reportedly allows Halliburton to expand its specialty chemicals research and applications for oilfield stimulation and production. Halliburton says it can now better serve the region’s industrial water and process treatment markets, including refineries, petrochemical plants and other heavy industrial operations.
“The new downstream industries envisioned for PlasChem Park are vital for the future of the Kingdom’s chemicals and petrochemicals industry. The inauguration of the Halliburton Chemical Reaction Plant, along with the upcoming projects, will help realize the Kingdom’s Downstream Initiative, combining global expertise with the special chemicals that Sadara produces, for the benefit of local, regional and global markets,” says Sadara Chemical CEO Dr. Faisal Al-Faqeer.
For more information, visit: www.halliburton.com