Halliburton has announced 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 as well as many other industries
Jeff Miller, chairman, president and CEO of Halliburton, said, “This world-class plant is part of our more than US$1bn commitment to Saudi Arabia over the past 10 years. It further increases our in-country presence and supports the In Kingdom Total Value Add programme by providing new opportunities to local suppliers, vendors, other manufacturing partners, and the local workforce.”
“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 realise the Kingdom’s Downstream Initiative, combining global expertise with the special chemicals that Sadara produces, for the benefit of local, regional and global markets,” commented Sadara Chemical CEO Dr Faisal Al-Faqeer.
The facility opens contract manufacturing and tolling opportunities to support Saudi agriculture, mining, personal care and other industries. Located at the PlasChem Park in Jubail, the plant advances Halliburton’s growing presence and commitment to provide enhanced research and development and technical solutions to the local market.
